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Mylan releases Concerta generic

Mylan releases Concerta generic

Mylan N.V. has launched methylphenidate hydrochloride extended-release tablets, a medication for attention deficit hyperactivity disorder (ADHD), in the United States. Mylan said its product, a generic version of Concerta tablets from Janssen Pharmaceuticals Inc.

More Kmart stores set to close

More Kmart stores set to close

Sears Holdings Corp. has announced another round of Sears and Kmart stores to be shut in the coming months. Employees have been notified that more than 30 Sears and Kmart locations will be closed in the early part of 2017. Florida, with seven Kmart stores slated for closing, and Kentucky, with

CEO succession in store at Hershey in new year

CEO succession in store at Hershey in new year

The new year will bring new leadership to chocolate, candy and snack giant The Hershey Co. Plans call for Michele Buck, executive vice president and chief operating officer, to take the reins as president chief executive officer on March 1, succeeding John Bilbrey.

Holiday sales at drug chains up slightly

Holiday sales at drug chains up slightly

Holiday sales at drug chains edged up slightly versus a year ago, as uncertainty over the economy left consumers wary of boosting their spending. Another crimp on sales growth was deep discounts.

Domenic Pilla tabbed as McKesson Canada CEO

Domenic Pilla tabbed as McKesson Canada CEO

McKesson Corp. has closed its $2.1 billion (U.S.) acquisition of Canadian drug chain Rexall Health and hired Domenic Pilla as chief executive officer of McKesson Canada. McKesson said late Wednesday that Pilla is slated to take the reins as McKesson Canada CEO on Jan. 3. In the role, he will

Endo makes changes to executive team

Endo makes changes to executive team

Endo International plc has announced executive changes in its U.S. branded drug and research-and-development units. Endo said Patrick Barry has been appointed as senior vice president of U.S.

Fred’s poised to be chain drug player

Fred’s poised to be chain drug player

Though Fred’s name came up in the buzz surrounding the Walgreens-Rite Aid merger talks with the FTC, the Southeastern retailer’s move to buy 865 Rite Aid stores for $950 million in cash from Walgreens Boots Alliance (WBA) still was surprising.

Huggies first to offer buy-in-bulk for diaper banks

Huggies first to offer buy-in-bulk for diaper banks

Early next year, Huggies plans to launch a program enabling diaper banks to buy bulk quantities of its diapers at competitive prices. The Kimberly-Clark baby care brand said Thursday that it will be the first global diaper brand to offer such a program.

Rite Aid sales, earnings decline in third quarter

Rite Aid sales, earnings decline in third quarter

Rite Aid Corp. said slim reimbursement rates, new generic drugs and the ongoing antitrust talks for the merger with Walgreens Boots Alliance (WBA) squeezed sales and earnings for its fiscal 2017 third quarter. Rite Aid said Thursday that for the third quarter ended Nov. 26, sales dipped 0.8% to $8.

ASOP leads effort targeting illegal online pharmacies

ASOP leads effort targeting illegal online pharmacies

The Alliance for Safe Online Pharmacies (ASOP Global) has partnered with the American Medical Association (AMA), American Pharmacists Association (APhA) and 14 other national health care stakeholders to educate providers and patients about the surge in illegal online pharmacies and counterfeit medic