The Food and Drug Administration’s regulatory policy for homeopathic medicines has worked effectively for the last 25 years to protect the public health and provide consumer access to safe homeopathic medicines, according to the American Association of Homeopathic Pharmacists (AAHP).
The board of directors of Perrigo Co. plc has unanimously rejected Mylan N.V.’s unsolicited bid to buy the company. Perrigo said late Tuesday that Mylan’s $205-per-share offer earlier this month, a deal estimated at about $29 billion, undervalues the company and its growth prospects.
Discount Drug Mart marked its third consecutive year of improvement in 2014, as sales climbed 6.5% to some $621 million. The 72-store Ohio drug chain saw front-end dollar volume rise 3.5%, yet the big gain came in pharmacy, where sales jumped 7.2%. Home health care recorded a 4.
Market Performance Group (MPG) announced that founding partner Tim Toohey is retiring and that the company has named two new members to its advisory board.
Coca-Cola and CVS/pharmacy are among the participants in the Fit Family Challenge, a healthy living initiative launched in North Carolina. Coca-Cola Bottling Co. Consolidated said that North Carolina Gov.
Efficient Collaborative Retail Marketing (ECRM) has acquired PressCamp, a media meet manufacturer event business focused on the cycling industry, from Lifeboat Events LLC. Financial terms of the agreement weren’t disclosed.
Teva Pharmaceutical Industries Ltd. has made a bid to acquire Mylan N.V. in a cash-and-stock deal valued at about $40 billion.
AZO has added to its line of women’s health products with the rollout of AZO Cranberry Gummies. The i-Health Inc. brand said Monday that AZO Cranberry Gummies are made with Pacran, a super-concentrated cranberry powder that helps flush the urinary tract to maintain cleanliness.
Fred’s Inc. has wrapped up its acquisition of Reeves-Sain Drug Store Inc., including its EntrustRx specialty pharmacy. Under the $66 million deal, announced in late March, Fred’s acquired Reeves-Sain Drug Store’s EntrustRx specialty pharmacy operation, which has facilities in Spring Hill, Tenn.
Generic drug company Leading Pharma LLC has entered a multiyear development pact with specialty research-and-development company Carnegie Pharmaceuticals LLC.
The National Association of Chain Drug Stores Community Pharmacy-Based Point-of-Care Testing certificate program launched this weekend at the University of Nebraska Medical Center College of Pharmacy in Omaha, Neb.
Sears Holdings Corp. has expanded its Shop Your Way loyalty program to offer pharmacy rewards at Kmart.
Consumer goods executive Elio Leoni Sceti is joining Coty Inc. as chief executive officer. Sceti, 49, comes to Coty from European frozen food company Iglo Group, where he served as CEO since May 2013. He takes over from Bart Becht, interim CEO and chairman at Coty. Coty said Monday that Sceti is
Steve Rempel has joined Rite Aid Corp. as senior vice president and chief information officer. Rite Aid said Monday that Rempel will oversee all aspects of the company’s technology and information operations, including computer systems, network infrastructure, telecommunications and data security.
Discount Drug Mart is slated to begin carrying Bikini Ready Lifestyle and SlimTrim dietary supplement products from Inergetics Inc. Inergetics said Bikini Ready Lifestyle and SlimTrim are due to hit shelves at Discount Drug Mart’s 72 stores in Ohio this month.
Aurobindo Pharma Ltd. has received the first Abbreviated New Drug Application approval from the Food and Drug Administration for cefixime for oral suspension, USP, 100 mg/5 ml and 200 mg/5 ml. Cefixime for O.S. is bioequivalent and therapeutically equivalent to Suprax from Lupin Pharmaceuticals Inc.
