Juan Figuereo has joined Revlon Inc. as executive vice president and chief financial officer. Revlon said Tuesday that Figuereo, 60, who has served in senior financial roles at a wide range of companies, assumes the CFO post effective immediately.
Michael Bogda, president of Lannett Co., plans to leave the company to pursue other interests. Lannett, which announced the move late Monday, said that Bogda is slated to depart on June 3.
Perrigo Co. plc has begun shipping a store-brand version of Abbott’s Glucerna aseptic nutritional shake for adults with diabetes. Perrigo said Tuesday that its product represents a first-to-market launch of an over-the-counter, private-brand equivalent to Glucerna.
According to the Network for Excellence in Health Innovation (NEHI), up to approximately $290 billion a year is wasted on the improper use of medications. Evidence suggests the most effective way to drive medication adherence is to strengthen the relationship between patients and pharmacists.
This year, Loblaw Cos. plans to invest about $1 billion into its Canadian retail business. Loblaw said Tuesday that it aims to open 50 new stores and complete 150 store remodels. The capital budget also includes e-commerce expansion plus IT infrastructure and supply chain projects.
Walgreens Boots Alliance (WBA) Inc. has sold its Alliance Healthcare Russia pharmaceutical wholesale business to 36.6, a leading health and beauty aids and pharmacy retailer in Russia. Financial terms of the transaction weren’t disclosed. However, WBA said it will own a 15% interest in the 36.
Lewis Drug is getting ready to open its 50th store, which will mark a milestone for the regional pharmacy chain. The outlet, formerly an independent pharmacy, is located rural Clear Lake, S.D., and will get upgraded systems and a fresh look. The front end will get Lewis’ curated assortment of health
Many retailer loyalty card programs don’t work because they’re “consumer unfriendly,” says Kurt Jetta, founder and CEO of TABS Analytics.
Lupin Pharmaceuticals Inc., the U.S. arm of India-based Lupin Ltd., has launched the first product from its Gavis pipeline, zolpidem sublingual tablets 1.75 mg and 3.5 mg, an insomnia drug. Lupin said its product is a generic version of Intermezzo sublingual tablets (1.75 mg and 3.
Walgreens has begun providing the opioid overdose antidote naloxone without a prescription in all of its Pennsylvania pharmacies. The drug chain said Monday that naloxone is now easier to obtain in its more than 120 drug stores across Pennsylvania.
Pharmacists in California can now provide prescription contraceptives to women without a script from their doctor.
Mondelēz International has formed an e-commerce partnership with China-based Alibaba Group, the world’s largest online and mobile commerce company, to extend its reach into the Chinese market.
Wrigley has put its best red-nosed face forward and taken up the challenge from Walgreens. The candy maker has responded to Walgreens’ challenge on social media for Red Nose Day, an event that the drug chain inaugurated in the U.S.
Hallmark is shifting its current Spanish-language greetings line to a new lifestyle brand called Hallmark VIDA.
Banana Boat has rolled out its new SunComfort Lotion Sunscreen to drug, supermarket and mass retailers nationwide.
The National Association of Chain Drug Stores and the National Community Pharmacists Association (NCPA) have urged congressional leaders to decline increases to prescription co-payments in TRICARE, the U.S. armed forces health benefits program.
