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Chief executive of Sobeys steps down

Chief executive of Sobeys steps down

Marc Poulin has left his posts as president and chief executive officer of Sobeys Inc. and the Canadian food and drug retailer’s parent company, Empire Co. His sudden departure, announced by Empire’s board on Friday, comes just over a week after Empire reported a $2.13 billion net loss for its 2016

WBA’s Gourlay: We’ll work with Valeant

WBA’s Gourlay: We’ll work with Valeant

During the Walgreens Boots Alliance’s conference call this week on its third-quarter results, co-COO Alex Gourlay told analysts that WBA will address Valeant Pharmaceuticals International’s concerns about its distribution arrangement with the company.

Pessina: WBA on target with Rite Aid deal

Pessina: WBA on target with Rite Aid deal

Stefano Pessina said Walgreens Boots Alliance remains in the ballpark in terms of likely store divestitures that the Federal Trade Commission will require for WBA to finalize its deal to acquire Rite Aid Corp. “We still believe that our initial estimate is correct.

Mylan releases Fenoglide generic

Mylan releases Fenoglide generic

Mylan N.V. has launched fenofibrate tablets 40 mg and 120 mg, a cholesterol-lowering drug, in the United States. Mylan said Wednesday that its fenofibrate product is a generic version of Fenoglide tablets from Santarus.

Walgreens Boots Alliance posts 3Q gains

Walgreens Boots Alliance posts 3Q gains

Walgreens Boots Alliance (WBA) saw sales and adjusted net earnings rise in its fiscal 2016 third quarter, with adjusted earnings per share exceeding Wall Street’s consensus forecast. WBA said Wednesday that its pending acquisition of Rite Aid Corp.

New Jean Coutu directors include Google Canada exec

New Jean Coutu directors include Google Canada exec

Stockholders of the Jean Coutu Group elected two new directors to the company’s board at its annual shareholders meeting. The Canadian pharmacy operator said late Tuesday that Marie-Josée Lamothe and Michael Hanley have joined the board.

Mirixa names Harvey as CEO

Mirixa names Harvey as CEO

Former Liberty Medical chairman and chief executive officer Frank Harvey has joined medication therapy management (MTM) service provider Mirixa Corp. as CEO. Mirixa, which announced the appointment Tuesday, said Harvey also will serve on the company’s board of directors.

Health Mart tool aids pharmacy management

Health Mart tool aids pharmacy management

Unveiled at last week’s McKesson ideaShare 2016 conference in Chicago, the myHealthMart online portal is aimed at helping independent pharmacies in the Health Mart network better manage their business by making personalized, up-to-date data and pharmacy programs and insights readily available.

CRN, UL partner on dietary supplement registry

CRN, UL partner on dietary supplement registry

The Council for Responsible Nutrition (CRN) has retained global independent safety science firm UL to develop and administer a dietary supplement product registry. The online product registry will include full label information for dietary supplements and be accessible via the web.

Jean Coutu store network sees 1Q sales uptick

Jean Coutu store network sees 1Q sales uptick

Sales gains in the front end helped lift revenue for the Jean Coutu Group retail store network in the company’s fiscal 2017 first quarter. Jean Coutu said Tuesday that for the first quarter ended May 28, sales for its franchise store network edged up 1.5% to nearly $1.

Opportunities in health care tech in the silver economy

Opportunities in health care tech in the silver economy

We all know the aging of the U.S. population is one of the biggest demographic changes of our era. This is presenting not only challenges to health care providers and governments but also opportunities for new technologies that deliver health services more efficiently, more effectively or faster.