Campbell Soup Co. has agreed to acquire snack maker Snyder’s-Lance in a deal valued at about $4.9 billion. Campbell said the $50-per-share agreement will further its efforts to grow its snack product portfolio, notably better-for-you snacking options.
CVS Health’s Helena Foulkes has been tabbed as one of the keynote speakers at the National Retail Federation’s 2018 annual convention in Manhattan.
Bausch+Lomb has begun rolling out Vyzulta (latanoprostene bunod ophthalmic solution 0.024%) to U.S. pharmaceutical distributors. The Valeant Pharmaceuticals International subsidiary said Vyzulta is slated to become available to patients at pharmacies across the United States in the next few days.
The Hershey Co. aims to add more better-for-you options to its snack lineup with a $1.6 billion deal to buy Skinny Pop maker Amplify Snack Brands Inc.
Colgate-Palmolive Co. plans to acquire professional skin care brands PCA Skin and EltaMD. Financial terms of the transactions weren’t disclosed.
After a lengthy proxy battle, Procter & Gamble Co. has named Novartis chief executive officer Joseph Jimenez and activist investor Nelson Peltz as directors. Jimenez and Peltz, co-founder of Trian Fund Management, are slated to join the board on March 1.
Unilever has launched Love Beauty and Planet, a hair and skin care brand focused on eco-friendliness and sustainability, ranging from ingredients and formulas to product packaging, value chain and social partnerships.
Walgreens worked with IBM and automation specialist Blue Prism to implement digital workforce capabilities for its human resources function. IBM said Walgreens is now using robotic processing automation (RPA) software from Austin, Texas-based Blue Prism to support its HR function.
A new chief financial officer is slated to take the reins at McKesson Corp. starting next month.
The CVS Health Foundation is making a $550,000 grant to the Alzheimer’s Association to boost its support for a new program to enhance disease diagnosis and assessment with clinicians and to educate them about care and support programs to help families.
Eugene Applebaum, the founder of Michigan pharmacy chain Arbor Drugs, passed away at his home here on Friday at age 81. After earning a pharmacy degree at Wayne State University, Applebaum entered the drug store business in 1963 with the opening of one store, Civic Drugs, in Dearborn, Mich. In 1974,
Pfizer Inc. has received approval from the Food and Drug Administration for IXIFI (infliximab-qbtx), a biosimilar of Remicade (infliximab) from Janssen Biotech Inc.
Police are investigating the deaths of Barry Sherman, the founder of Apotex Inc., and his wife Honey, whose bodies were found at their North York, Ontario, home on Friday. As of Sunday, autopsies on Sherman and his wife were pending, published reports said.
McKesson Corp. has promoted Chris Dimos to president of retail solutions for McKesson U.S. Pharmaceutical and Specialty Health.
The Rite Aid Foundation this week announced donations to aid the wildfire relief effort in Southern California and help children through its KidCents program.
A CVS-Aetna merger or not, Walgreens Boots Alliance is zeroed in and making headway on its strategic game plan, according to Jefferies analyst Brian Tanquilut. Following a visit to WBA’s headquarters in Deerfield, Ill.
