Lorenzo Delpani next week plans to step down as president and chief executive officer of Revlon for personal reasons. Revlon announced the move Friday in reporting fiscal 2015 results. Plans call for Delpani to leave the post on March 1 and remain with the beauty care company as a paid adviser and
The numbers are in for medication spending in the U.S. for the year 2015. And the story headline could read: Thank You, Generic Medication Industry. Another headline for the same story could read: Alarming U.S. Medication Cost Increase of 12% for 2015. Both headlines would be defensibly accurate.
Health Canada has approved Sanofi Pasteur’s Fluzone High-Dose influenza vaccine developed for adults age 65 and older. A trivalent vaccine, Fluzone High-Dose contains four times the amount of hemagglutinin (HA) per strain versus a standard dose vaccine and is administered as a single, 0.
Shoppers Drug Mart and London Drugs, two of Canada’s largest pharmacy chains, reportedly are considering selling medical marijuana. A published report by The Globe and Mail this week said Shoppers Drug Mart has made inquiries with medical marijuana suppliers.
Shoppers Drug Mart saw revenue and comparable-store sales climb for the 2015 fourth quarter and fiscal year. Parent Loblaw Cos. said Thursday that for the fourth quarter ended Jan. 2, 2016, sales at Shoppers Drug Mart rose 4.8% to $2.975 billion (Canadian) from $2.
Vonnie Hampel has been named as the new director of federal government affairs at the National Association of Chain Drug Stores. NACDS said Wednesday that Hampel most recently served as senior legislative assistant and press secretary to U.S. Rep. Dave Loebsack (D., Iowa).
The U.S. Senate overwhelmingly confirmed Dr. Robert Califf as commissioner of the Food and Drug Administration. Califf, who was deputy commissioner for medical products and tobacco, was nominated as FDA commissioner by President Barack Obama in mid-September.
Customer satisfaction with drug stores fell last year as part of an overall decline among retailers, according to the American Customer Satisfaction Index (ACSI).
Teva Pharmaceutical Industries Ltd. has begun an enterprisewide corporate identity program to build a global brand. Teva said Wednesday that it will introduce and implement the new brand within the company over the next 12 months.
Diplomat Pharmacy Inc. has promoted Atheer Kaddis to executive vice president and Lance Neill to senior vice president.
Lannett Co. has received approval from the Food and Drug Administration for sumatriptan nasal spray (5 mg/spray and 20 mg/spray), a treatment for migraine headaches. Lannett said its product is a generic version of Imitrex nasal spray from GlaxoSmithKline.
The Generic Pharmaceutical Association (GPhA) has elected Heather Bresch, chief executive officer of Mylan, to chair its board of directors this year.
CVS Health reported a significant decrease in the prescription drug trend for its Caremark pharmacy benefit management (PBM) clients last year. CVS said Tuesday that the prescription trend, a growth measure of prescription spending, came in at 5% for 2015, down from a high of 11.8% in 2014.
Procter & Gamble Co. calls its new Oral-B Genius power toothbrush the brand’s “most intelligent” brushing system to date.
Kroger Co., Target Corp., Giant Eagle, Meijer and Wegmans Food Markets Inc. were winners in UnitedHealthcare’s 2015 Targeted Intervention Program (TIP) Challenge, aimed at improving medication adherence.
Galderma Laboratories L.P. has launched Cetaphil Men, a new line of seven skin care products for men. Galderma said Monday that Cetaphil Men includes a face wash, face cloths, three lotions and two types of bars to clean, moisturize and protect men’s skin. Cetaphil Men is available now online and at
