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Rite Aid finishes fiscal 2016 on an up note

Rite Aid finishes fiscal 2016 on an up note

Boosted by its acquisition of EnvisionRx, Rite Aid Corp. saw sales rise for its fiscal 2016 fourth quarter and full year, with adjusted earnings per share topping Wall Street estimates for both periods. Rite Aid said Thursday that for the fourth quarter ended Feb. 27, sales totaled $8.

FDA approves Inflectra, the second U.S. biosimilar

FDA approves Inflectra, the second U.S. biosimilar

Just over a year after approving its first biosimilar product, the Food and Drug Administration has approved its second, Celltrion’s Inflectra (biosimilar infliximab). Inflectra is a biosimilar to Janssen Biotech’s Remicade (infliximab), originally licensed in 1998.

Actress Shay Mitchell to be face of Bioré for 2016

Actress Shay Mitchell to be face of Bioré for 2016

Bioré Skincare has signed up actress Shay Mitchell as its latest brand ambassador. The Kao USA skin care brand said Mitchell will serve as the face of the Bioré brand for 2016 and be featured in upcoming campaigns for the Bioré’s new Baking Soda Cleansers that hit retail store shelves earlier this

CVS Specialty accredited by URAC

CVS Specialty accredited by URAC

CVS Specialty, the specialty pharmacy arm of CVS Health, has been awarded Specialty Pharmacy accreditation from health care standards accrediting body URAC.

Sales rise in 2Q at Walgreens Boots Alliance

Sales rise in 2Q at Walgreens Boots Alliance

Walgreens Boots Alliance (WBA) reported double-digit revenue growth for its fiscal 2016 second quarter, with adjusted earnings per share topping Wall Street’s consensus forecast. WBA said Tuesday that second-quarter sales climbed 13.6% to $30.18 billion from $26.57 billion a year earlier.

Fred’s tabs former Walgreens executive as CFO

Fred’s tabs former Walgreens executive as CFO

Former Walgreens finance executive Rick Hans has joined Fred’s Inc. as executive vice president and chief financial officer. Fred’s said late Monday that Hans fills the vacancy left when Jerry Shore, the retailer’s previous CFO, was promoted to chief executive officer in October 2014.

Aurobindo gets approval for Exelon generic

Aurobindo gets approval for Exelon generic

Aurobindo Pharma Ltd. has received final approval from the Food and Drug Administration for rivastigmine tartrate capsules, a dementia medication, in dosages of 1.5 mg, 3 mg, 4.5 mg and 6 mg. Aurobindo said Monday that its rivastigmine tartrate product (1.5 mg, 3 mg, 4.5 mg and 6 mg) is a generic

Former Walmart executive Coughlin dies

Former Walmart executive Coughlin dies

Tom Coughlin, a legendary retailing executive and former vice chairman of Walmart, died April 1 at the age of 66. According to a ­Reuters report, Coughlin had been in the intensive care unit of a hospital for several days.

Walgreens, OptumRx build ‘new pharmacy solution’

Walgreens, OptumRx build ‘new pharmacy solution’

Walgreens is partnering with OptumRx to create a new pharmacy benefit to meet consumers’ changing prescription drug needs and help employers, health plans and their members achieve better health outcomes and greater cost savings.

Ritzman aims to elevate expectations for retail Rx

Ritzman aims to elevate expectations for retail Rx

An answer to the commoditization of pharmacy has arrived here. “The Pharmacy of the Future,” highlighting pharmacists’ clinical knowledge and services, has been opened in northeastern Ohio by Ritzman Pharmacy.

On RxImpact Day, Congress gets powerful message

On RxImpact Day, Congress gets powerful message

At a time when the American political system and legislative process are, more often than not, characterized by gridlock, and the ongoing presidential campaign is riddled with examples of what are seemingly new lows in civilized discourse and rational debate, it’s refreshing to see moments when our