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Rite Aid gets NYSE share price noncompliance notice

Rite Aid gets NYSE share price noncompliance notice

The New York Stock Exchange (NYSE) has notified Rite Aid Corp. that it is no longer in compliance with continued listing standard rules because its stock price has fallen below the the exchange’s share price rule. The NYSE requires the average closing price of a listed company’s common stock to be

Prices boosted on hundreds of drugs

Prices boosted on hundreds of drugs

Drugmakers are increasing the price of hundreds of drugs by an average of more than 6%, according to a new analysis by Rx Savings Solutions. With pressure on the pharmaceutical industry to hold down prices mounting, many of the increases are relatively small.

Dr. Reddy’s launches sevelamer carbonate for oral suspension in U.S.

Dr. Reddy’s launches sevelamer carbonate for oral suspension in U.S.

Dr. Reddy’s Laboratories announced the launch of sevelamer carbonate for oral suspension, in 0.8 g and 2.4 g packets, a therapeutic equivalent generic version of Renvela (sevelamer carbonate) for oral suspension, approved by the U.S. Food and Drug Administration. The Renvela brand and generic had U.

Holiday sales said to be strongest in six years

Holiday sales said to be strongest in six years

Holiday sales increased 5.1% to $850 billion, according to the Mastercard SpendingPulse report, which characterized the season from November 1 through December 24 as retailers’ strongest holiday period in six years.