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Metro agrees to acquire Jean Coutu Group

Metro agrees to acquire Jean Coutu Group

The acquisition of the Jean Coutu Group by Metro Inc. will create a $16 billion food and drug retailer with 1,307 stores in Quebec, Ontario and News Brunswick. Metro has agreed to purchase Coutu for $24.50 per share in cash and stock in a total deal valued at $4.5 billion ($3.6 billion U.S.).

Walgreens gets help with Rx disposal effort

Four prominent players in the health care sector are coming together to help combat opioid abuse by increasing the availability of Walgreens medication disposal kiosks.

Pharmasave tests clinical program

Pharmasave tests clinical program

Thirteen Pharmasave Pacific Ltd. stores in British Columbia are piloting a clinical program to help diabetes patients better manage their condition.

WBA launches YourGoodSkin line

Walgreens Boots Alliance (WBA) is launching YourGoodSkin, scientifically developed products to help prevent skin problems before they occur. The line will be available at selected Walgreens stores and on Walgreens.com in the U.S. and at Boots stores and on boots.com in the U.K. and ­Ireland.

CVS brings Tigi Cosmetics to 2,000 stores

CVS Pharmacy has continued its rollout of premium and niche beauty brands with the introduction this month of some 60 products from Tigi Cosmetics at 2,000 CVS drug stores and on the CVS.com website.

Diplomat purchases software company

Diplomat Pharmacy Inc. has acquired 8th Day Software and Consulting LLC. With the purchase, the specialty pharmacy also appointed 8th Day Software founder and chief executive officer Dave Loschinskey as Diplomat’s chief information officer.

NASP hails House action on retroactive Part D fees

NASP hails House action on retroactive Part D fees

The National Association of Specialty Pharmacy (NASP) has commended 54 members of the House of Representatives for urging federal agencies to eliminate retroactive Medicare Part D fees charged by big pharmacy benefit managers.

TABS Analytics buys CPG data specialist Pivotstream

TABS Analytics buys CPG data specialist Pivotstream

TABS Analytics has acquired Pivotstream Inc., a Seattle-based global data analytics firm. Financial terms of the transaction weren’t disclosed. In announcing the deal this week, TABS said the Pivotstream platform will be a core component of its service offerings going forward.

Lawmaker seeks insight on drug cost dilemma

Lawmaker seeks insight on drug cost dilemma

including government — can afford to pay for them. But strides toward unraveling the tangle of problems behind this issue won’t be made without determined attempts at substantive discussion between the public and private sectors, according

Sunovion ships Seebri Neohaler to pharmacies

Sunovion ships Seebri Neohaler to pharmacies

Sunovion Pharmaceuticals Inc. has released Seebri Neohaler Inhalation Powder (glycopyrrolate 15.6 mcg), a treatment for chronic obstructive pulmonary disease (COPD), to U.S. pharmacies. Sunovion said Thursday that it entered into an exclusive license agreement with Novartis for the U.S.