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McKesson takes steps to fight opioid epidemic

McKesson takes steps to fight opioid epidemic

As the severity of the American opioid epidemic continues to deepen, government agencies — along with the White House — and private sector companies are joining the fight to stop it. On Thursday, McKesson Corp. announced a series of company initiatives aimed at combatting the crisis.

Five ways Amazon can jump into health care

Five ways Amazon can jump into health care

Online retail giant Amazon will enter the broader health care market — it’s just a question of how, according to global management consulting firm L.E.K. Consulting. In a new report released yesterday, L.E.K.

GSK to buy out Novartis in consumer health joint venture

GlaxoSmithKline plc plans to buy Novartis’ 36.5% stake in their consumer health care joint venture for $13 billion. Under the agreement announced Tuesday, Novartis’ shares in the joint venture will be canceled, and the joint venture will pay the buyout price to Novartis.

Walgreens raises beauty to an even higher level

Walgreens raises beauty to an even higher level

The elevation of beauty at Walgreens continues to take the category to new heights. The retailer has just completed the second phase of the Walgreens Beauty Differentiation concept rollout, diversifying its department mix with new brands and tonics.

Former Lilly CFO to head CVS Caremark

Former Lilly CFO to head CVS Caremark

CVS Health has named former Eli Lilly and Co. chief financial officer Derica Rice as president of its CVS Caremark pharmacy benefit management unit. Plans call for Rice to take the helm at CVS Caremark on March 30, CVS said late Tuesday.

Dr. Reddy’s releases store-brand version of Xyzal Allergy 24HR

Dr. Reddy’s releases store-brand version of Xyzal Allergy 24HR

Dr. Reddy’s Laboratories has launched levocetirizine dihydrochloride tablets 5 mg, an over-the-counter allergy medication, in the U.S. market. Dr. Reddy’s said its levocetirizine dihydrochloride tablets are a generic version of Xyzal Allergy 24HR Tablets from Chattem-Sanofi. The 5-mg Dr.