CVS Health plans digital innovation lab in Boston
With an eye on boosting its effort to develop an integrated pharmacy experience, CVS Health has signed a lease for office space in Boston that will be home to its new Digital Innovation Lab.
CDR
Court clears way for McKesson to integrate with Celesio
A German court has given the green light to McKesson Corp. and Celesio AG to operate as an integrated company.
Walgreens operations veteran Foley retires
John Foley, who in his most recent position served as corporate vice president for eastern operations at Walgreen Co., has retired after a 29-year career with the company.
Health care spending growth restrained by economy
National health spending last year continued a trend of low growth, according to an analysis from the Office of the Actuary at the Centers for Medicare and Medicaid Services (CMS). The CMS Office of the Actuary estimates that in 2013 U.S. health care spending in the grew at a rate of 3.6% over
NACDS: Republican wave extends to state level
The November midterm elections, which resulted in Republicans taking control of the Senate, also saw “significant Republican gains in state legislatures,” according to an analysis of the results by the National Association of Chain Drug Stores.
Pace of change makes the future less clear
Changes within the executive ranks in the chain drug industry are coming at a faster pace these days than at any time in the industry’s history.
Track-and-trace will reshape Rx supply chain
Sweeping changes will begin to transform the pharmaceutical supply chain at the start of 2015, when the first provisions of the Drug Supply Chain Security Act take effect.
In brand marketing, relevance to consumer is critical
the retail buyer and the consumer/shopper. This objective picture of the two viewpoints should contribute to a product’s success at retail. In this column, we explore the ways promotion impacts buyer and shopper behavior.
Does ACA meet expectations for pharmacies?
The passage of the Patient Protection and Affordable Care Act in 2010 (ACA) promised fundamental changes in the American health care environment.
How big data will disrupt role of community pharmacy
Can retail pharmacies beat other players to patient intimacy? Many pharmacy retailers understand that big data can improve business operations, enabling intimate consumer engagement and thereby driving bigger baskets and more door turns, along with healthier customers and margins.
First Quality Tissue expands production capacity
First Quality Tissue, a manufacturer of private-label and branded paper towels and tissue, is moving forward with several capacity expansion projects.
Galderma introduces Cetaphil Baby line
Galderma Laboratories’ Cetaphil skin care brand has made a foray in the baby product arena with the launch of Cetaphil Baby. Making its debut this week, the line includes five products: Cetaphil Baby Diaper Cream, Wash and Shampoo, Ultra Moisturizing Wash, Daily Lotion and Moisturizing Oil.
Avanir to be acquired by Otsuka for $3.5 billion
Avanir Pharmaceuticals Inc. has entered into an agreement to be acquired by Otsuka Pharmaceutical Co. Ltd. in a deal valued at $3.5 billion.
Actavis ships generic version of Intuniv
Actavis plc has released guanfacine hydrochloride tablets as part of a settlement agreement with Shire plc. Actavis said Monday that its product is a generic version of Shire’s Intuniv tablets, a medication for attention deficit hyperactivity disorder (ADHD).
Teva rolls out Exforge HCT generic in U.S.
Teva Pharmaceutical Industries Ltd. has launched amlodipine/valsartan/hydrochlorothiazide tablets, a hypertension medication, in the United States. Teva said Monday that its product is a generic equivalent of Exforge HCT tablets from Novartis.
PepsiCo announces global leadership appointments
PepsiCo make has made a pair of key executive appointments for its global operations. The food and beverage giant said Monday that Enderson Guimaraes, currently chief executive officer of PepsiCo Europe, has been named executive vice president of global categories and operations for PepsiCo.