Walgreens Boots Alliance (WBA) is now a stakeholder in national specialty pharmacy operator PharMerica Corp. PharMerica on Wednesday announced the close of its acquisition by global investment firm Kohlberg Kravis Roberts (KKR). Under the $1.
At its 19th Annual Foundation Dinner in Manhattan, the NACDS Foundation raised $1.8 million to support evidence-based research, pharmacy education and philanthropic efforts aimed at improving patient health outcomes and advancing population health.
Sundial Brands has introduced the SheaMoisture Red Palm & Cocoa Butter anti-shrinkage hair care collection. Sundial said the new line provides a healthy way for women with curly hair to elongate shrinkage-prone hair and maintain their length.
AmerisourceBergen has ramped up its efforts to thwart opioid diversion and abuse. The pharmaceutical distributor on Thursday announced ongoing operational commitments to prevent opioid abuse and abuse in line with its initiatives to protect the supply chain.
Hershey Co. has added a fourth flavor to its year-old Cookie Layer Crunch snack line. Launched this week, Hershey’s Cookie Layer Crunch Triple Chocolate bar is made with chocolate creme, chocolate cookie bits and milk chocolate to deliver an indulgent, layered taste, Hershey said.
Growth in prescription drug expenditures tailed off despite an overall gain in 2016 U.S. health care spending, according to the Centers for Medicare and Medicaid Services (CMS). Last year, U.S. health care spending totaled $3.3 trillion, up 4.3%, compared with growth of 5.8% in 2015 and 5.
The world’s largest retailer is officially changing its legal name from Wal-Mart Stores Inc. to Walmart Inc. Walmart said Wednesday that the change, which takes effect with the start of its new fiscal year on Feb. 1, is meant to reflect the company’s shift from an operator of stores to one that
ECRM’s RangeMe has launched RangeMe Verified brands, a new service to help retail buyers to identify “business-ready” products and companies. RangeMe said Wednesday that the RangeMe Verified brands service is designed to make the sourcing the right products less time-consuming for retailers.
Fred’s Inc. reported a bigger year-over-year loss for its fiscal 2017 third quarter and plans to cancel its dividend and explore the sale of non-core assets. Fred’s said Wednesday that for the third quarter ended Oct. 28, it reported a net loss of $51.8 million or $1.
In an era when brand image all too often oversells what it is supposed to represent, Walgreens finds itself in the enviable position of updating its identity to better reflect its very real merits and the combination of continuity and change that characterizes the drug chain.
Chain drug stores remain the largest customer segment for U.S. pharmaceutical distributors, according to the HDA Research Foundation. The 88th Edition HDA Factbook (2017‐2018) said chain drug retailers accounted for nearly 30% of all sales to drug distributors last year.
Aurora Pharmacy is slated to become part of a much larger organization. Parent Aurora Health Care plans to merge with Advocate Health Care to form Advocate Aurora Health, which the companies said will be the nation’s 10th-largest nonprofit, integrated health care system.
Rite Aid Corp. has enlisted the help of Dr. Jennifer Caudle, a nationally renowned health expert and practicing family doctor, to highlight the importance of getting a flu shot during National Influenza Vaccination Week (NIVW).
Nestlé plans to acquire nutritional health product maker Atrium Innovations Inc. for $2.3 billion. Plans call for Montreal-based Atrium, which is being purchased from a group of investors led by Permira Funds, to become part of Nestlé Health Science, Nestlé said Tuesday.
IRI has allied with Time Inc. subsidiary Viant to provide “people-based” target marketing and measurement for consumer packaged goods (CPG) and retail marketers.
Moberg Pharma AB is sharpening its focus on the North American marketplace as part of a reorganization of its sales and marketing operations. Moberg said it’s forming a global consumer health sales and marketing unit that includes both direct and distributor sales.
