Food is Medicine’s place at pharmacies
“You are what you eat.” We know that diet is a vital contributor to health. And now, new funding pathways from both the public and private sector are fueling even more momentum for Food is Medicine programs.
CDR
CVS’ first quarter sales and profits fall short of estimates
CVS Health reported first quarter revenue and earnings that missed Wall Street’s estimates, as increased medical costs hurt its Medicare Advantage business. Adjusted earnings per share for the period were $1.33, well behind analysts’ consensus forecast of $1.69. Revenue of $88.
CVS prototype fosters tighter bond with shoppers
CVS Pharmacy’s new prototype store here has a fine-tuned mix, recast physical space, and rebalance of everyday-low pricing and promotions. The format strives to enhance the customer experience, and it does so in large part by centralizing the personnel.
Purpose-driven brands connect with consumers
Having a strong brand purpose and connection with your target consumer is more critical than ever before. Distinct from “social purpose,” a truly purpose-driven brand’s mission should be obsessed with satisfying every category and/or target audience’s unmet needs.
Wentworth sets stage to revitalize WBA
Expect to see further significant changes at Walgreens Boots Alliance in the days ahead.
Palm Beach is the place to be this month
It happens every spring. As April winds down, the National Association of Chain Drug Stores once again convenes its fabled and nearly flawless Annual Meeting. Once again, upwards of 2,000 retailer and supplier executives will gather in Palm Beach, Fla.
Nestlé, Dr. Reddy’s partner to establish nutraceutical supplier in India
Nestlé India Ltd. and Dr. Reddy’s Laboratories Ltd. have formed a joint venture to bring innovative nutraceutical brands to consumers in India and other agreed territories.
Aurigene and Vipergen partner to offer DNA encoded library (DEL) screening and integrated drug discovery service
Aurigene Pharmaceutical Services Ltd.
Andrea Harrison leaves CVS
CVS vice president of merchandising for beauty and personal care Andrea Harrison has left the company for “a new opportunity,” she wrote on LinkedIn. After 19 years with CVS, “it was a bittersweet departure with so many memories and so hard leaving an amazing team,” she wrote.
Bayer and Dr. Reddy’s ink deal to market, distribute second brand of vericiguat in India
Dr. Reddy’s Laboratories Ltd. and Bayer have partnered to market and distribute a second brand of vericiguat in India. Under the terms of their agreement, Bayer has granted nonexclusive rights to Dr. Reddy’s under the brand name Gantra.
WBA beats estimates for Q2 sales and profits
Walgreens Boots Alliance Inc. topped analysts’ forecasts for second quarter revenue and adjusted earnings. WBA posted adjusted earnings per share of $1.20, well above Wall Street’s predicted 82 cents. Sales of $37.05 billion exceeded the estimated $36.22 billion. The company posted a net loss of $5.
Dr. Reddy’s inks exclusive distribution deal for Sanofi vaccines in India
Dr. Reddy’s Laboratories Ltd. has entered into an exclusive partnership with Sanofi Healthcare India Private Ltd. to promote and distribute the latter’s vaccine brands across private markets in India. Under the arrangement, Dr.
Dr. Reddy’s launches Versavo (bevacizumab) in the UK
Dr. Reddy’s Laboratories, a global pharmaceutical company, has introduced Versavo (bevacizumab) in the United Kingdom. Dr.
Circana names 2023 CPG Growth Leaders
CHICAGO – Circana, a leading advisor on the complexity of consumer behavior, on Monday issued its annual Growth Leaders rankings.
Camber launches generic Gralise
Camber Pharmaceuticals has added gabapentin tablets (generic for Gralise) to its portfolio. Camber already offers gabapentin tablets and capsules (generic for Neurontin). Generics for Gralise and Neurontin are not interchangeable.