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April 23, 2014

TOP STORY

GSK, Novartis revamp businesses in sweeping deal

In a major, three-part transaction, GlaxoSmithKline is selling its oncology business to Novartis for $14.5 billion, Novartis is buying GSK's vaccine business for $5.25 billion and the two companies are combining their consumer health care businesses in a joint venture.

Separately, Novartis also announced a deal to sell its animal health division to Eli Lilly for $5.4 billion.

 

RETAIL NEWS BREAKS

Lawmakers: Transition time needed for final AMP-based FULs

Forty-nine congressmen have called on U.S. Health and Human Services Secretary Kathleen Sebelius to adopt a one-year transition period for states to implement the July 2014 average manufacturer price (AMP)-based federal upper limits (FULs) for Medicaid prescription drug reimbursement.

MinuteClinic tops 20 million patient visits

MinuteClinic has exceeded 20 million patient visits since opening the nation's first store-based clinic in 2000, parent company CVS Caremark Corp. announced.

Pharmaca set to step up expansion

Pharmaca Integrative Pharmacy is gearing up again for more rapid growth after adding just two stores since 2012.

Medicine Shoppe sharpens focus on pharmacy

Medicine Shoppe is concentrating on pharmacy performance this year after having one of its best years for new stores in 2013, according to John Fiacco, vice president of Medicine Shoppe and Medicap Pharmacies at Cardinal Health Inc.

PTCB adds patient safety CE requirement for Rx techs

The Pharmacy Technician Certification Board (PTCB) is including a new continuing education (CE) requirement for Certified Pharmacy Technicians (CPhTs) seeking recertification.

Walgreens expands travel health services

Walgreen Co. has broadened its travel health services, including immunizations and consultations with specially trained pharmacists who can help international travelers prepare for trips to India, China, Brazil, Aruba and Saudi Arabia and other destinations.

CVS/pharmacy plans to launch bill pay service

CVS Caremark Corp. has introduced Bill Pay at CVS/pharmacy, a bill payment service at its drug stores that helps customers manage their monthly health insurance premiums.

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SUPPLIER NEWS BREAKS

Nice-Pak, PDI headquarters, plant go solar

Nice-Pak Products Inc. and sister company Professional Disposables International Inc., one of the world's leading makers of premoistened wipes, completed the installation of a solar array atop the roof of its headquarters and manufacturing plant.

AsthmaMD Peak Flow Meter rolls out to Walgreens, CVS

AsthmaMD, maker of the eponymous asthma management mobile application, has launched its first retail product, the AsthmaMD Peak Flow Meter.

Cetaphil kicks off consumer marketing campaign

Cetaphil is launching its first fully integrated consumer marketing campaign, dubbed "Gentle Power."

Valeant makes $47 billion bid for Allergan

Valeant Pharmaceuticals International Inc. has made an unsolicited bid to acquire Allergan Inc. in a deal valued at about $47 billion.

Impax hires Actavis exec as CEO

G. Frederick Wilkinson is departing Actavis plc to join Impax Laboratories Inc. as president and chief executive officer.

Frito-Lay promo to bring Doritos 'mystery flavors' to snack aisle

A promotion by Frito-Lay will launch three new "mystery flavors" of Doritos Jacked tortilla chips in food stores beginning this week.

Daiichi Sankyo appoints U.S. commercial president

Ken Keller is joining Daiichi Sankyo Inc. as president of U.S. commercial operations.

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