National ad campaign to tout Health Mart
Health Mart is launching a national radio and digital advertising campaign to attract more patients to its drug stores. The McKesson Corp.
CDR
Express Scripts picks next CEO
George Paz will retire as Express Scripts Holding Co.’s chief executive officer in May, making way for president Tim Wentworth to take over, the company said earlier this month. Paz, 60, has been CEO at Express Scripts for a decade.
McKesson agrees to acquire Rx distributor in Ireland
McKesson Corp. has agreed to purchase the pharmaceutical distribution division of Dublin, Ireland-based UDG Healthcare PLC for about $466 million.
Rite Aid, Folds of Honor team up on scholarships
Rite Aid Corp. is recognizing 274 students around the country who are receiving Folds of Honor educational scholarships made possible by a $1.3 million donation from the Rite Aid Foundation’s KidCents program.
Appointments strengthen Kroger’s senior leadership team
Kroger Co. has named four executive vice presidents to lead key parts of its business. Mike Donnelly is now EVP of merchandising, Chris Hjelm is EVP and chief information officer, Fred Morganthall is EVP of retail operations, and Mike Schlotman is EVP and chief financial officer.
Cardinal launches R&D site
Cardinal Health has opened a research and development facility dedicated to reducing the estimated $5 billion wasted each year in the health care supply chain for devices and implantables. The Healthcare Supply Chain Innovation Lab, a 20,000-square-foot facility in Concord, Mass.
Federal Reserve leaves interest rates unchanged
Federal Reserve policy makers have just two more chances to raise short-term interest rates this year after taking a pass earlier this month and holding rates at their historically low levels for at least a while longer.
Diplomat divesting compounding unit
Restore Health announced this month it has entered into an agreement to acquire the compounding pharmacy assets of Diplomat Pharmacy Inc. Financial terms of the agreement weren’t disclosed.
Health care reform process far from over
The major provisions of the Patient Protection and Affordable Care Act have been in effect for almost two years now, enough time to undertake an interim analysis of the controversial law’s impact on the health care system.
Industry leaders can still learn from Robinson
The ranks of the founding families, the leaders who collectively framed and built the chain drug store business in America, are thinning at an alarming rate.
What it takes to create product images that sell
How many times have you seen an image of a product and had your interest piqued, only to view the item firsthand and have the thought, “That’s not what I was expecting.” It’s common, especially among home buyers.
Camber releases Nexium generic
Camber Pharmaceuticals has launched esomeprazole magnesium delayed-release capsules, a medication for heartburn and gastroesophageal reflux disease (GERD). Camber said its product, available in strengths of 20 mg and 40 mg, is a generic version of Nexium capsules from AstraZeneca.
Rite Aid promotes workplace flu prevention
A new marketing campaign by Rite Aid Corp. targets the worksite as a place to stop the spread of flu. The drug chain has begun airing television and radio spots and launched print, digital and in-store advertising that convey a simple message: Most people get sick at work, so protect yourself
Care Pharmacies appoints Cantrell to board
Retail pharmacy industry veteran Michael Cantrell has joined the board of directors at Care Pharmacies Cooperative Inc. Care Pharmacies said Cantrell, vice president of pharmacy network development at Ateb Inc., will serve a three-year term. Cantrell has more than 30 years of industry experience.
Skinfix launches Healthy Skin regimen
Skinfix Inc. aims to alleviate chronic dry skin with a range of textures and hydration levels with its new Skinfix Healthy Skin regimen.
CVS/pharmacy steps up fight against Rx abuse
This month, CVS/pharmacy is launching several efforts to help curb prescription drug abuse. The drug chain said it has expanded the availability of naloxone, an opioid overdose reversal medicine, in several states.