ROSELAND, N.J. — Emisphere Technologies Inc. has announced the U.S. commercial availability of Eligen B12, described as the first once-daily oral prescription medical food tablet to normalize B12 levels without the need for an injection. Emisphere said Thursday that Eligen B12 is indicated for the dietary management of patients who have a medically diagnosed vitamin
CAMP HILL, Pa. — Rite Aid Corp. plans a $1.8 billion bond offering to finance its pending acquisition of pharmacy benefit manager Envision Pharmaceutical Services (EnvisionRx). Rite Aid said late Wednesday that it will offer $1.8 billion of senior unsecured notes due in 2023. Plans call for the offering’s net proceeds, together with other available
WOONSOCKET, R.I. — The CVS Health Foundation announced the first four grant recipients in its “Making the Next Generation Tobacco-Free” grant program, a five-year, $5 million partnership with the Campaign for Tobacco-Free Kids. The foundation said Wednesday that the announcement coincides with Kick Butts Day, the Campaign for Tobacco-Free Kids’ national day of activism that
ROCHESTER, N.Y. — PharmaSmart International Inc. plans to deploy its Blood Pressure Kiosk and cloud-based Health IT platform at Brookshire Grocery Co. pharmacies. Brookshire operates 151 supermarkets in Texas, Louisiana and Arkansas, and 116 stores have a pharmacy. That includes Brookshire’s, Super 1 Foods and Fresh by Brookshire’s locations. “In this era of personalized medicine, the
DEERFIELD, Ill. — This flu season, Oklahoma, Arkansas and Mississippi were the top three states in terms of influenza activity, according to Walgreens’ end-of-season Flu Index. The Walgreens Flu Index provides state- and market-specific information on flu activity. The index is compiled using retail prescription data for antiviral medications used to treat flu across Walgreens
SPRINGFIELD, Ill. — H.D. Smith has unveiled a new executive leadership structure designed to better position the company to capitalize on trends in the health care market. The nation’s largest independent pharmaceutical wholesaler said Tuesday that Dale Smith has become chairman and chief executive officer of H.D. Smith Holding Co. He previously was chairman and
MARYVILLE, Tenn. — DenTek has announced its second acquisition within a week, unveiling a deal to purchase the Canker Cover and OraMoist oral care brands. Financial terms of the agreement weren’t disclosed. DenTek said Monday it acquired the two brands from Quantum Health. Last Tuesday, DenTek reported that it acquired Orabrush, a leading brand of
MIDDLETON, Wis. — Andreas Rouvé has been elected chief executive officer of Spectrum Brands Holdings Inc., succeeding Dave Lumley, who plans to retire from the company. Spectrum Brands said Monday that Rouvé, 53, is slated to take the CEO reins effective April 1. He has served as the consumer products company’s chief operating officer since
DEERFIELD, Ill. — Walgreens Boots Alliance Inc. next month plans to hold its first analyst conference since its formation by the merger of Walgreen Co. and Alliance Boots GmbH. The company said Monday that it will host its 2015 Analyst Day in Manhattan at the Ritz Carlton Hotel Battery Park on April 15 and 16.
ALEXANDRIA, Va. — Next month, the National Association of Chain Drug Stores plans to roll out a certificate program that will train pharmacists to administer point-of-care testing and other health assessments in pharmacies. NACDS said Monday that it will kick off the Community Pharmacy-Based Point-of-Care Testing certificate program in April with multicity tour at pharmacy
FLINT, Mich. — Diplomat Pharmacy Inc. has filed a registration statement with the Securities and Exchange Commission for a follow-on public offering of its common stock. The independent specialty pharmacy, the nation’s largest, said late Friday that the offering could raise about $200 million, depending on market conditions. Last October, Diplomat completed an initial public
SILVER SPRING, Md. — CVS/pharmacy president Helena Foulkes will be honored next month by the Tuberous Sclerosis Alliance (TS Alliance) at the organization’s 14th Annual Comedy for a Cure. The TS Alliance said Friday that Comedy for a Cure will be held April 12 at the Globe Theater in Universal City, Calif. Foulkes also is
LAVAL, Quebec, and RALEIGH, N.C. — Valeant Pharmaceuticals International Inc. has hiked its offer to buy Salix Pharmaceuticals, Ltd. under an amended agreement. The companies said Monday that Valeant boosted its cash offer to acquire all the outstanding common stock of Salix to $173 per share, or a total deal of about $15.8 billion, from $158
NEW YORK — More than 200 people honored Chain Drug Review’s 2014 Retailer of the Year award winners at the Time-Life Building in Manhattan. Honorees included the CVS/pharmacy retail leadership team for Retailer of the Year, Rite Aid’s Tony Montini for Merchant of the Year, Health Mart’s Steve Courtman for Pharmacy Innovator of the Year
