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Upsher-Smith parent sells stake in U.S. generics unit

Upsher-Smith parent sells stake in U.S. generics unit

Upsher-Smith Laboratories LLC said its Japan-based parent, Sawai Pharmaceutical Co., has agreed to sell a 20% stake in its Sawai America Inc. subsidiary to Sumitomo Corp. of Americas (SCOA). Under the deal, SCOA — part of global conglomerate Sumitomo Corp.

Hy-Vee acquires pair of telepharmacies in Iowa

Hy-Vee acquires pair of telepharmacies in Iowa

Hy-Vee Inc. has acquired two telepharmacy locations in Iowa and rebannered them as Hy-Vee Pharmacy. Financial terms weren’t disclosed. The food and drug retailer said Tuesday that the telepharmacies, formerly operated by TelePharm LLC, now part of Cardinal Health Inc.

Pfizer appoints Albert Bourla to new COO post

Pfizer appoints Albert Bourla to new COO post

In a fine-tuning of its executive leadership, Pfizer Inc. has named Albert Bourla as chief operating officer, a newly created position. Pfizer said Bourla, 56, currently group president of the Pfizer Innovative Health business unit, is slated to start in the COO role on Jan. 1.

It’s a mobile health tech explosion

It’s a mobile health tech explosion

almost double the number two years ago — and about 200 new apps are launched daily. What’s more, over 340 consumer wearable devices are now on the market globally. And supporting the burgeoning

Golinkin departs RediClinic, Health Dialog to lead FastMed

Golinkin departs RediClinic, Health Dialog to lead FastMed

Web Golinkin, chief executive officer of Rite Aid Corp. subsidiaries RediClinic and Health Dialog, has left the companies to become CEO of FastMed Urgent Care. FastMed said Golinkin will oversee its more than 100 walk-in urgent care clinics in Arizona, Texas and North Carolina.

Industry mourns SDM founder Murray Koffler, 93

Industry mourns SDM founder Murray Koffler, 93

Murray Koffler, who over 50 years ago founded what would become Canada’s largest drug chain, Shoppers Drug Mart, has died at age 93. Also a prominent philanthropist and businessman, Koffler passed away on Sunday at his home in Toronto. Koffler was born in Toronto in 1924. At age 17, he went on a

Zicam launches cold-shortening fruit drops

Zicam launches cold-shortening fruit drops

Zicam has expanded its homeopathic product lineup with Zicam Cold Remedy Medicated Fruit Drops. The company said Tuesday that Zicam Cold Remedy Medicated Fruit Drops help shorten the length of a cold when taken at the first sign of symptoms.

McKesson sees exit of key exec

Patterson Cos. has hired Mark Walchirk, a key executive at McKesson Corp., as its next president and chief executive officer, with a starting date of November 20. Walchirk will succeed James Wiltz, who has been serving in those roles on an interim basis since the departure of Scott Anderson on June