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Cardinal, AmerisourceBergen name new board members

Pharmaceutical distributors Cardinal Health Inc. and AmerisourceBergen Corp. this week announced the election of new board members. Cardinal said that Nancy Killefer is slated to join its board as an independent director on Sept. 14. Most recently, she was senior partner of McKinsey & Co.

Configuring a new approach to retail health care

Configuring a new approach to retail health care

What if … in 2025 a 76-year-old Alzheimer’s patient, along with a family member, arrives at his local retail chain to test a newly launched augmented reality headset designed specifically for patients with cognitive disorders? The retailer helps with the fitting and initial customization of device p

Mylan to make acquisition bid to Perrigo shareholders

Mylan to make acquisition bid to Perrigo shareholders

Next week, Mylan N.V. plans to make a formal offer directly to the shareholders of Perrigo plc to buy the company. Mylan said Tuesday that it aims to make the bid on Monday, Sept. 14. Under the offer, Perrigo shareholders would receive $75 in cash and 2.3 Mylan ordinary shares for each

Personal service propels Good Neighbor Pharmacy

Personal service propels Good Neighbor Pharmacy

Good Neighbor Pharmacy continues to earn recognition for its high level of service. For the third straight year, the independent pharmacy network — operated by drug distributor AmerisourceBergen Corp. — had the top rating among chain drug stores in the J.D. Power 2015 U.S.

Emdeon to rebrand as Change Healthcare

Health care software, analytics and payment service provider Emdeon plans to rename as Change Healthcare to better reflect its diverse capabilities and solutions. The company said late Thursday that the rebranding is slated to begin in the fourth quarter of this year.

Rite Aid comp-store sales inch up in August

Rite Aid comp-store sales inch up in August

Rite Aid Corp. posted a slight gain in comparable-store sales for August. Rite Aid said Thursday that for the five weeks ended Aug. 29, same-store sales edged up 1.6% year over year. The increase continued the drug chain’s positive trend in comp-store sales for 2015 but was down from gains earlier

Par Pharmaceutical ships AndroGel generic

Par Pharmaceutical ships AndroGel generic

Par Pharmaceutical has released testosterone gel 1%, a generic version of AndroGel 1% from AbbVie. Par said Wednesday that its testosterone gel 1% product is available in 2.5g and 5g aluminum foil packets containing 25 mg or 50 mg of testosterone, respectively.

CVS makes strides in cutting tobacco use

CVS makes strides in cutting tobacco use

CVS/pharmacy’s removal of tobacco products from its stores is showing its impact a year later. A study by the CVS Health Research Institute revealed a reduction in cigarette purchases over the past year, CVS Health said Thursday.

Lannett to buy Kremers Urban for $1.23 billion

Lannett to buy Kremers Urban for $1.23 billion

Lannett Co. plans to acquire Kremers Urban Pharmaceuticals Inc., the U.S. specialty generic drug subsidiary of UCB S.A., in a $1.23 billion deal. Lannett said late Wednesday that the acquisition will add a diversified commercial product portfolio of 18 products.

Standley sheds light on value-based care

Standley sheds light on value-based care

Rite Aid Corp. chairman and chief executive officer John Standley recently explained how retail pharmacies can promote value-based care in an opinion piece for the Philadelphia Inquirer/Daily News on Philly.com.