Canada’s largest retail pharmacy, Shoppers Drug Mart (SDM), is set to become a licensed dispenser of medical marijuana, pending approval from Health Canada, the Canadian government’s department of public health.
The U.S. health care system does not work well for patients or providers. We now pay twice as much as other developed countries for health care, and the Centers for Medicare & Medicaid Services (CMS) expects Americans will spend $1 out of every $5 on health care by 2025.
In 2018, food retailers will be making the grocery shopping experience more convenient and engaging, veteran supermarket industry observer John Karolefski predicts.
Weight-loss supplement brand Hydroxycut is serving up enhanced digital tools to help people better manage their weight control and fitness regimen. Iovate Health Sciences International Inc. said Friday that for 2018 it’s launching a new mobile app for personalized support on digital devices.
Lewis Drug has opened a “next generation” store here designed to offer consumers the “highest level of convenience.” The 25,000-square-foot store, opened last month, is located at Minnesota Avenue and 37th Street and replaces the 27-year-old Southgate store just a few blocks away.
Consumer products maker Henkel got into the holiday spirit this season with its participation in the 24th Annual NBC Today Show Toy Drive event.
Diplomat Pharmacy Inc. has closed its $595 million acquisition of pharmacy benefit manager LDI Integrated Pharmacy Services. With the completion of the cash-and-stock deal, Diplomat also announced that it has obtained $800 million in senior secured credit facilities.
Clavis Insight, an e-commerce specialist serving product manufacturers, is being acquired by Ascential plc, an international, business-to-business information company. Financial terms of the agreement weren’t disclosed.
Sens. Joe Manchin (D.) and Shelley Moore Capito (R.) of West Virgina helped Lynne Fruth, president of Fruth Pharmacy, launch the Bridge of Hope Fund, aimed at fighting the drug abuse epidemic.
The National Association of Chain Drug Stores is emphasizing the “Total” in its centerpiece Total Store Expo conference and trade show as it gets prospective attendees thinking about the 2018 event.
The pending $69 billion acquisition of Aetna by CVS could yield valuable lessons for others in the health care and drugstore sectors as they seek to forge stronger ties to consumers.
Chain drug store holiday sales bettered last year’s results, with total dollar volume rising more than 4%.
Walgreens Boots Alliance (WBA) plans to reduce its interest in Guangzhou Pharmaceuticals Corp., a pharmaceutical wholesale joint venture in China. WBA said Friday that, under the agreement, it will sell a 30% stake in Guangzhou Pharmaceuticals to Guangzhou Baiyunshan Pharmaceutical Holdings.
Susan Adzick has been promoted to senior vice president of sales and strategic relationships at McLane Co.
Timothy Crew, former chief executive officer of Cipla North America, is joining Lannett Co. as CEO. Plans call for Crew to take the CEO reins at effective Jan. 2, Lannett said. He also is slated to be appointed as a board director after the company’s 2018 annual shareholders meeting.
