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FDA’s Gottlieb issues statement on signing of Farm Bill

FDA’s Gottlieb issues statement on signing of Farm Bill

Yesterday, FDA Commissioner Scott Gottlieb issued the following statement on the signing of the Agriculture Improvement Act and the agency’s regulation of products containing cannabis and cannabis-derived compound: “Today, the Agriculture Improvement Act of 2018 was signed into law.

U.S. Farm Bill signed into law

U.S. Farm Bill signed into law

President Trump has signed the Farm Bill, which had bipartisan support in Congress, into law. The signing of the $867 billion Farm Bill removes industrial hemp from a list of federally controlled substances.

Packaged Facts reports Walmart gaining ground in groceries

Packaged Facts reports Walmart gaining ground in groceries

Walmart is the in-store grocery leader. Some 27% of in-store grocery purchasers say Walmart is the in-store retailer they get groceries from most, more than twice as many as Kroger, the next most chosen retailer, according to market research firm Packaged Facts in the report U.S.

Walgreens earnings beat Wall Street projections

Walgreens earnings beat Wall Street projections

Walgreens Boots Alliance (WBA) on Thursday reported first quarter double-digit earnings growth for fiscal 2019 that beat analysts’ expectations, while revenue fell short of forecasts. The retailer’s revenue was $33.79 billion.

Rite Aid reports fiscal 2019 third quarter results

Rite Aid reports fiscal 2019 third quarter results

Rite Aid Corp. today reported operating results for its third fiscal quarter ended December 1. For the third quarter, the company reported net loss from continuing operations of $17.3 million, or $0.02 per share, Adjusted net income from continuing operations of $14.7 million, or $0.

Rite Aid, McKesson continue partnership

Rite Aid, McKesson continue partnership

CAMP HILL, Pa. – Rite Aid Corp. and McKesson Corp.  announced an agreement to key terms that will continue the companies’ pharmaceutical sourcing and distribution partnership for an additional 10 years.

Raley’s elevates Zimmermann to new leadership role

Raley’s elevates Zimmermann to new leadership role

WEST SACRAMENTO, Calif. – Raley’s announced the promotion of Deirdre Zimmermann to chief customer experience officer. Zimmermann has served in an executive position since joining the organization in 2015, beginning as senior vice president, marketing and e-commerce.

GSK, Pfizer create O-T-C giant

GSK, Pfizer create O-T-C giant

GlaxoSmithKline Plc and Pfizer Inc. have struck a deal that will create the largest over-the-counter drug company in the world. GSK paved the way for a split into two companies, agreeing to create the consumer-health joint venture with Pfizer.