FLINT, Mich. — Diplomat Pharmacy, which posted strong financial results for fiscal 2014, is acquiring BioRx LLC, a specialized pharmacy and infusion services company. Based in Cincinnati, BioRx provides treatments for patients with ultra-orphan and rare, chronic diseases. Terms of the agreement call for Diplomat to buy BioRx for $210 million in cash and $105
WASHINGTON — The National Association of Chain Drug Stores has reiterated its support for allowing members of the armed forces, their dependents and military retirees access and choice in selecting their source of prescription medicines. In a statement delivered during a hearing before the Senate Armed Services subcommittee on personnel, NACDS voiced its opposition to
NEW YORK — The Walgreens Boots Alliance Inc. is slated to become part of the Nasdaq-100 Index later this month. The Nasdaq OMX Group Inc. said Friday that Walgreens Boots Alliance, which has the stock symbol WBA, will become a component of the Nasdaq-100 Index (NDX), Nasdaq-100 Equal Weighted Index (NDXE) and NASDAQ-100 Ex-Technology Index
The “Walgreens looking to acquire Rite Aid” rumors have resurfaced following comments by Stefano Pessina, the billionaire investor and acting CEO of Walgreens Boots Alliance. A March 12 article by Reuters quoted Pessina, in remarks at the Retail Week Live conference in London, as saying that of potential deals to be made, “the next big
ALEXANDRIA, Va. — The National Community Pharmacists Association plans to hold its 2015 Annual Legislative Conference on May 12 and 13. NCPA said Friday that the conference, to be held at the Hilton Crystal City at Reagan National Airport in Arlington, Va., will draw hundreds of community pharmacy stakeholders to the nation’s capital to advocate
HALIFAX, Nova Scotia — Natural skin care company Skinfix Inc. is merging with SweetSpot LABS, a maker of feminine skin care products. Skinfix said Thursday that the addition of Culver City, Calif.-based SweetSpot will complement its roster of skin healing balms, washes, lotions and creams, which are designed to alleviate a wide range of skin
BONITA SPRINGS, Fla. — Procter & Gamble Co. executive Patrick Lockwood-Taylor has been re-elected as chairman of the Consumer Healthcare Products Association (CHPA) board of directors. Lockwood-Taylor, who is vice president of personal health care for North America and digestive wellness design at Procter & Gamble, was named chairman at CHPA’s 2015 Annual Executive Conference,
BRIDGEWATER, N.J. — CeraVe Baby baby care products have been awarded the National Eczema Association Seal of Acceptance. Valeant Pharmaceuticals North America said Thursday that the NEA Seal helps consumers make informed purchasing decisions and recognize skin care products that are suitable for eczema or sensitive-skin. CeraVe Baby products include CeraVe Baby Wash & Shampoo, CeraVe
FORT WORTH, Texas — Galderma has made a series of executive appointments and announced a realignment of its North America business. The dermatology and skin care company said Thursday that Stuart Raetzman has been named as global chief executive officer of Galderma Pharma S.A. He reports to Humberto Antunes, chairman of Galderma Pharma S.A. and
MONTREAL — Richard Brennan has been named senior vice president of retail banner management services at McKesson Canada. The company said Tuesday that Brennan will oversee its expanding pharmacy banner business, which includes Guardian, I.D.A., The Medicine Shoppe Canada, Proxim and Remedy’s Rx. Brennan, a 14-year company veteran, will report to McKesson Canada president Alain
SEATTLE — More CareClinic locations are slated to be added to Bartell Drugs stores over the next 18 months, following the opening of clinics in three stores a year ago. Through a partnership between Bartell and nonprofit health system Group Health Cooperative, CareClinics were opened in the early part of 2014 at the drug chain’s
ST. PETERSBURG, Fla. — Jim Hackett has been hired as sales director at Cox Target Media to further develop its growing portfolio of over-the-counter brand partnerships and represent the company to the OTC pharmaceutical industry. The digital marketing and direct marketing company said Tuesday that Hackett brings more than 25 years of industry experience, including
SPRINGFIELD, Ill. — H.D. Smith was named as a finalist for the Healthcare Distribution Management Association’s (HDMA) Distribution Management Award for its mobile controlled substance ordering system (CSOS). The pharmaceutical distributor said Tuesday that the mobile CSOS is the first of its kind offered by a U.S. wholesaler and is set to be rolled out
DURHAM, N.C. — Parata Systems has appointed Emilie Ray, president of McKesson Pharmacy Systems & Automation, to its board of directors. The pharmacy automation and technology company said Tuesday that Ray has more than 14 years of experience in the health care technology sector and has worked in both the hospital and retail pharmacy markets.