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Daymon Worldwide names new CEO

Daymon Worldwide names new CEO

Jim Holbrook has been appointed as chief executive officer at Daymon Worldwide, succeeding Carla Cooper, who is retiring. The consumables retail marketing firm said Thursday that Holbrook is slated to take the helm as CEO on Sept. 1. He also will join Daymon’s board of directors.

SDM launches beautyBOUTIQUE e-store

SDM launches beautyBOUTIQUE e-store

Shoppers Drug Mart has gone live with an e-commerce website for beautyBOUTIQUE, its store-within-a-store concept for prestige beauty care. Canada’s largest drug chain said Thursday that the beautyBOUTIQUE.

AmerisourceBergen creates nonprofit foundation

AmerisourceBergen creates nonprofit foundation

AmerisourceBergen Corp. has launched the AmerisourceBergen Foundation, a nonprofit charitable organization that provides grants to health- and pharmaceutical-related causes and educational opportunities.

Aurobindo cleared to market Xanax generic

Aurobindo cleared to market Xanax generic

Aurobindo Pharma Ltd. has gained Food and Drug Administration approval for alprazolam tablets, a medication for anxiety. Aurobindo said its alprazolam product — available in dosages of 0.25 mg, 0.5 mg, 1 mg and 2 mg — is a generic version of Xanax tablets from Pfizer Inc. Part of a group of

Bartell Drugs appoints marketing VP

Bartell Drugs appoints marketing VP

Steven Frestedt has been promoted to vice president of marketing at Bartell Drugs. The Puget Sound, Wash.-area drug chain said Wednesday that Frestedt supervise marketing initiatives for the retailer’s 64 stores in King, Pierce and Snohomish counties.

Uniprix CEO bullish on drug chain’s prospects

Uniprix CEO bullish on drug chain’s prospects

As a drug store customer, Philippe Duval, president and chief executive officer of Uniprix Group, was always surprised by how little the trade class had changed for decades. “The reason I came out of retirement in February to head up the Uniprix Group was the fact that there were so many

Merger wave hits health insurance sector

Merger wave hits health insurance sector

Drug chains have gotten used to dealing with fewer, and larger, drug makers, wholesalers and PBMs over the years. Retailers have also consolidated. Now a merger wave has washed over the health insurance industry.

CVS Health tallies 2Q sales, earnings gains

CVS Health tallies 2Q sales, earnings gains

CVS Health saw sales climb in the second quarter and posted adjusted earnings per share in line with Wall Street’s forecast, despite the impact of costs from its pending Omnicare and Target pharmacy acquisitions. CVS said Tuesday that for the three months ended June 30, total sales rose 7.4% to $37.

Rite Aid names Martindale as CEO of stores

Rite Aid names Martindale as CEO of stores

In a reorganization of key leadership, Rite Aid Corp. has promoted president and chief operating officer Ken Martindale to the newly created position of chief executive officer of Rite Aid stores.

DenTek launches e-commerce website

DenTek launches e-commerce website

DenTek has gone live with a new branded website featuring full e-commerce capabilities. The oral care brand said Monday that DenTek.com now provides oral care product information and tips plus the ability for consumers to buy items directly through the site.

Pfizer to buy U.S. rights for potential MS generic drug

Pfizer to buy U.S. rights for potential MS generic drug

Pfizer Inc. has entered into an agreement with Synthon to acquire the exclusive U.S. commercialization rights for glatiramer acetate, a potential generic version of Teva Pharmaceuticals’ Copaxone for the treatment of relapsing remitting multiple sclerosis (RRMS).

Benzer Pharmacy serves up Rx compliance packaging

Benzer Pharmacy serves up Rx compliance packaging

Benzer Pharmacy has begun offering free med-pack preparations to customers struggling to remember to take all their medications and keep them organized. The regional drug chain said Monday that the solution employs the Dispill cold-sealed, multidose packaging system from Dispill-USA Inc.