Walgreens Boots Alliance (WBA) Inc. has indicated that as many as 1,000 stores could be divested to gain regulatory approval for its deal to acquire Rite Aid Corp. In an investor presentation filed Monday with the Securities and Exchange Commission, WBA said the the $17.
Mylan N.V. has tabbed GlaxoSmithKline Consumer Healthcare veteran Ranjan Ray Chaudhuri to serve as global commercial lead of Mylan’s over-the-counter business. Chaudhuri will report to Rajiv Malik, president of Mylan.
CVS/pharmacy has kicked its second annual in-store fundraising campaign to benefit the cancer research group Stand Up To Cancer (SU2C). CVS said Monday that the campaign, which features actress and SU2C ambassador Eva Longoria, is part of a three-year, $10 million commitment by CVS Health to SU2C.
New research by Walgreens finds that pharmacist interventions can play a key role in improving patients’ medication adherence and achieving related health care benefits.
John Szustaczek has been promoted to vice president of sales and marketing, Diva International Inc., maker of The DivaCup. Diva said Monday that Szustaczek has played an integral role in the growth of the menstrual care product company since joining it in 2012 as director of sales and marketing.
Sanofi US has voluntarily recalled all Auvi-Q epinephrine injectors, used for the emergency treatment of anaphylaxis, a serious allergic reaction. Sanofi said Friday that the recall involves all Auvi-Q currently on the market and includes both the 0.15 mg and 0.
TCGRx has introduced TheBox, a personal, timed drug dispensing unit designed to help patients adhere to their medication regimen.
CVS Health and Rite Aid have confirmed agreements to purchase prescription files from A&P stores in the Northeast. A&P filed for Chapter 11 bankruptcy protection this summer and has since been closing and selling off stores.
CVS Health posted sales gains in both its retail pharmacy and pharmacy services businesses for the 2015 third quarter, with adjusted earnings per share (EPS) finishing in line with analysts’ projections.
Zacks Investment Research stock strategists Tracey Ryniec and David Bartosiak discussed with Zacks’ Terry Ruffolo the Walgreens Boots Alliance’s proposal to acquire Rite Aid Corp. for $9 per share in cash, and assumption of debt, for a total value of $17.2 billion.
This week, the Pharmacy Technician Certification Board (PTCB) hosted a special 20th anniversary reception to celebrate two decades of advancing patient care and safety and to recognize the 2015 PTCB Certified Pharmacy Technician (CPhT) of the Year.
Kroger Co. vice president of pharmacy Philecia Avery was recognized by the National Diversity Council with a 2015 Most Powerful & Influential Women Award. Kroger said Thursday that Avery was presented with the award at the 8th Annual Ohio Diversity & Leadership Conference in Columbus, Ohio.
Fox News Channel’s Megyn Kelly will be the featured speaker at this year’s National Association of Chain Drug Stores Foundation Dinner.
Comparable pharmacy results helped offset a same-store sales dip in the front end at Rite Aid Corp. for October. Rite Aid said Thursday that for the four weeks ended Oct. 24, comparable-store sales inched up 1% year over year, reflecting a 0.5% decrease in the front end and a 1.7% gain
Two U.S. senators with oversight for antitrust issues have called on federal regulators to take a close look at Walgreens Boots Alliance Inc.’s $17.2 billion deal to acquire Rite Aid Corp. Sen. Mike Lee (R.
Allergan plc and Pfizer Inc. have confirmed they’re exploring a possible combination. Dublin, Ireland-based Allergan released a statement Thursday saying it’s in early talks with Pfizer about a possible deal, and Pfizer later affirmed Allergan’s statement.
