Brownmed acquires Joslin Orthopedic Gear
Home medical equipment manufacturer Brownmed Inc. has acquired Joslin Orthopedic Gear. Financial terms of the transaction weren’t disclosed.
CDR
CVS Pharmacy to offer digital-only receipt option
CVS Pharmacy president Helena Foulkes appeared on ABC-TV’s “Jimmy Kimmel Live” to announce that the drug chain is taking action on one of the talk show host’s pet peeves: long paper receipts at checkout.
Activist investor Rosenstein exits WBA board
Activist investor Barry Rosenstein, managing partner of hedge fund JANA Partners LLC, has stepped down from the Walgreens Boots Alliance (WBA) Inc. board after reducing his investment in the company.
NACDS Foundation spurs hepatitis C testing
A study funded by the National Association of Chain Drug Stores Foundation aims to boost testing for hepatitis C and connect patients to care. This week, the NACDS Foundation said its study is under way in 50 stores with pharmacies, and a total of 75 locations are planned in the greater Detroit,
Topical BioMedics earns small-business honors
Topical BioMedics Inc. was named Biomedical Company of the Year by the New York Small Business Development Center (SBDC).
FDA pushes back generic drug labeling rule
The Food and Drug Administration is again postponing the release of a final rule that would change generic drug labeling requirements.
Bell launches promo campaign for Jet-Alert
Bell Pharmaceuticals has kicked off an eight-month promotional campaign for its Jet-Alert caffeine tablets on Sirius XM radio. The company said Thursday that the marketing push also includes online advertisements, national print advertising, social media campaigns and retailer support programs.
CVS opens store in Katrina-ravaged section of New Orleans
CVS Pharmacy has opened a new store in the Lower Ninth Ward of New Orleans, which the company said makes it the first major retailer to build in the neighborhood since Hurricane Katrina. CVS said Thursday that the store stands as a building block in the revitalization of the Lower Ninth Ward,
Wrigley panel to explore ‘transaction zones’
Next week, Wrigley aims to take a closer look at how in-store placement sways consumer purchasing behavior. The Mars Inc.
Natrol’s new supplements expand beauty lineup
Natrol LLC has introduced three new dietary supplement products, its first launches since being acquired by Aurobindo Pharma USA Inc.
Nice-Pak brand named sponsor for food allergy group
Nice ‘n CLEAN, a Nice-Pak brand, has been tabbed as the exclusive wet wipe sponsor of Food Allergy Research & Education (FARE).
FDA works to speed generic drug approvals
Amid calls for a quicker approval process, the Food and Drug Administration last year cleared for market the most generic drug products in its history. The FDA said it approved or issued tentative approvals for more than 700 generic drugs in 2015.
NCPA leads call for more DIR fee transparency
The National Community Pharmacists Association has joined with a group of pharmacy industry stakeholders in calling for more clarity about direct and indirect (DIR) fees.
Bristol-Myers Squibb opens expanded biologics facility
Bristol-Myers Squibb has completed a major expansion of its biologics facility in Devens, Mass. The drug maker said the $280 million project will spur development of the company’s growing portfolio of biologics medicines.
Next ‘get out the vote’ ad released by NACDS
The National Association of Chain Drug Stores has released its second “get out the vote” video ad. Titled “Momentum,” the spot calls on pharmacists and other pharmacy team members get to the polls to vote and to volunteer for the candidates of their choice.
Novartis realigns pharma division into two new units
Making changes to its Pharmaceuticals Division, Novartis has created two business units that will report to the chief executive officer: Novartis Pharmaceuticals and Novartis Oncology. The new units will form the Innovative Medicines Division.