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Walgreens Boots Alliance financials a difficult read

Walgreens Boots Alliance financials a difficult read

Walgreens Boots Alliance (WBA) gave its first quarterly report (fiscal 2015 second quarter) since the closing of the Walgreens-Alliance Boots merger on Dec. 31. With all of this huge company’s moving parts, few would argue that the financials were tough to decipher. News headlines seized on WBA’s plan to close about 200 U.S. stores under

Study: Pharmacist role on health care team grows

Study: Pharmacist role on health care team grows

ALEXANDRIA, Va. — Pharmacists are performing more patient care activities in various health care settings and are spending less time in their traditional medication dispensing role, according to the the Pharmacy Workforce Center’s “2014 National Pharmacist Workforce Survey.” The 2014 National Pharmacist Workforce study, based on a sample of more than 5,200 licensed pharmacists, found

Walgreens Boots Alliance posts gains for 2Q

Walgreens Boots Alliance posts gains for 2Q

DEERFIELD, Ill. — In the first financial report since its formation at the close of 2014, Walgreens Boots Alliance Inc. recorded earnings per share for the fiscal 2015 second quarter that exceeded analysts’ forecasts. Management also announced on Thursday that it is expanding its restructuring program after identifying additional opportunities to cut costs, particularly in

Glenmark to launch generic of FemHRT

MUMBAI, India — Glenmark Generics Inc. USA, a subsidiary of Glenmark Generics Ltd., has received final approval from the Food and Drug Administration for norethindrone acetate and ethinyl estradiol tablets (0.5 mg/2.5 mcg and 1 mg/5 mcg), a medication for symptoms of menopause. Glenmark said Tuesday that it will begin distribution of the product, a

Ex-Duane Reade CEO joins Walgreens Boots Alliance board

Ex-Duane Reade CEO joins Walgreens Boots Alliance board

DEERFIELD, Ill. — Former Duane Reade chairman and chief executive officer John Lederer has been elected to the Walgreens Boots Alliance Inc. board of directors. Lederer is currently president and CEO of US Foods, a Rosemont, Ill.-based foodservice distributor. “It is a tremendous privilege to join the Walgreens Boots Alliance board as this new global

Mylan makes bid to acquire Perrigo for $29 billion

Mylan makes bid to acquire Perrigo for $29 billion

POTTERS BAR, England — Mylan N.V. has made an unsolicited bid to acquire Dublin, Ireland-based Perrigo Co. plc in a cash-and-stock deal valued at about $29 billion. Mylan said Wednesday that under the proposal — delivered to Perrigo chairman, president and chief executive officer Joseph Papa — Perrigo shareholders would receive $205 in cash and

Reed’s sparkling juices roll out to Rite Aid stores

Reed’s sparkling juices roll out to Rite Aid stores

LOS ANGELES — Natural soda maker Reed’s Inc. has made its Sonoma Sparklers sparkling juices available exclusively at Rite Aid drug stores nationwide. Reed’s said Tuesday that all of Rite Aid’s approximately 4,600 stores will carry 16-ounce bottles of Sonoma Sparklers in three flavors: Sparkling Organic Raspberry, Sparkling Organic Lemonade and Sparkling Organic Peach. The

Inergetics’ Bikini Ready, SlimTrim to hit shelves at Lewis Drug

NEWARK, N.J. — Inergetics Inc. has landed retail distribution for its Bikini Ready Lifestyle and SlimTrim dietary supplement products at Lewis Drug. The nutritional and consumer health company said Tuesday that its products will be available at Lewis Drug locations in South Dakota, Iowa and Minnesota in the coming weeks. “Lewis Drug is a terrific

Mylan releases Generess Fe generic in U.S.

POTTERS BAR, England, and PITTSBURGH — Mylan N.V. has launched norethindrone and ethinyl estradiol chewable tablets (0.8 mg/0.025 mg) and ferrous fumarate chewable tablets (75 mg) in the United States. Mylan said Tuesday that its product is the first generic version of Warner Chilcott’s Generess Fe tablets, an oral contraceptive, and entitles it to 180

Depend, Poise unveil new women’s incontinence products

Depend, Poise unveil new women’s incontinence products

DALLAS — Kimberly-Clark has introduced new women’s incontinence products for its Depend and Poise brands. The company on Monday announced Depend Silhouette Active Fit briefs, which feature a more comfortable, contoured fit, and on Tuesday unveiled Poise Thin-Shape Pads, designed for light bladder leakage A moderate-absorbency brief sporting a thin design for added comfort, Silhouette

Schick, Skintimate announce ‘Rock Your Legs’ campaign

Schick, Skintimate announce ‘Rock Your Legs’ campaign

SHELTON, Conn. — Schick and Skintimate are partnering with Universal Pictures’ upcoming film “Pitch Perfect 2” for an integrated media and marketing campaign. Energizer Personal Care said Monday that as part of the partnership, Schick and Skintimate are introducing the “Rock Your Legs” campaign, which includes the “Ready, Shave, Shine” music video, limited-edition product in-store,

Diplomat Pharmacy marks 40 years in business

FLINT, Mich. — Diplomat Pharmacy Inc. is celebrating 40 years of providing pharmacy services to its patients nationwide. Founded in 1975 by Dale Hagerman and son Phil Hagerman, its current chairman and chief executive officer, Diplomat has grown into the nation’s largest independent specialty pharmacy. The company noted that what started as a small, regional

The Little Clinic earns Joint Commission Golden Seal

The Little Clinic earns Joint Commission Golden Seal

NASHVILLE, Tenn. — The Little Clinic has earned The Joint Commission Gold Seal of Approval for the third straight time. A Kroger Co. subsidiary, the retail health clinic operator said Monday that it initially earned accreditation in 2009, followed by reaccreditation in 2012 and 2015. The reaccreditation process occurs every three years. In its certification

UL, NPA team on natural product standards

WASHINGTON — UL, a global safety science leader, and the Natural Products Association (NPA), the nation’s largest trade organization representing natural products, will partner to certify that dietary supplement makers are following federal guidelines and regulations — good manufacturing practices (GMPs) — that are considered to be an essential part of the government’s oversight of

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