Walgreens Boots Alliance Inc. announced executive vice chairman Stefano Pessina as its permanent chief executive officer in reporting increased sales and earnings for its fiscal 2015 third quarter. The company said Thursday that its board of directors appointed Pessina as CEO, effective immediately.
Former Kellogg’s and PepsiCo executive Frank Simone has been appointed as vice president of domestic sales at Carma Laboratories Inc., the maker of Carmex lip care products.
Drug stores are showing their potential as sites for cancer screening technology, enhancing their value as a destination for preventive care. This month, medical device maker MedXHealth Corp.
BOISE, Idaho – Food and drug retailer Albertsons Cos. is looking to go public. The company on Wednesday said that it has filed a registration statement with the Securities and Exchange Commission for an initial public offering of common stock.
CVS Health is leaving the U.S. Chamber of Commerce because of its stance on global anti-smoking laws, a company spokesman confirmed.
PROFOOT Inc. marked its new partnership with Major League Soccer team New York City FC at a special viewing party with midfielder Tommy McNamara in Manhattan.
Hi-Tech Pharmaceuticals plans to acquire the diet and energy aids brands of Innovative Laboratories, a maker of weight-loss and sports nutrition products. Financial terms of the agreement weren’t disclosed.
Exeltis USA’s Pregnitude, a dietary supplement formulated to support reproductive health, has rolled out on shelves at nearly 1,200 Walgreens stores nationwide.
The approval of Vertex Pharmaceuticals Inc.’s Orkambi (lumacaftor/ivacaftor) is being hailed as a big stride forward in the treatment of cystic fibrosis. The Food and Drug Administration announced its approval of the drug just before the holiday weekend.
London Drugs is again showing its support for Five Hole for Food (FHFF), a nonprofit group that organizes street hockey games across Canada each summer to raise awareness for food banks and collect food donations.
Pharmacy and over-the-counter drug sales helped drive revenue gains in the fiscal 2016 first quarter for the Jean Coutu Group’s retail store network. The Canadian drug chain said Tuesday that for the first quarter ended May 30, sales for the franchised store network rose 4.4% to nearly $1.
Michael LaBrecque has joined Benzer Pharmacy as vice president of specialty pharmacy. The drug chain said Monday that LaBrecque will be responsible for the overall project oversight, budget, staffing, planning and project management for specialty pharmacy.
Emdeon Inc. plans to acquire Altegra Health, a provider of health care payment and analytics solutions, in a $910 million cash deal.
Kimberly-Clark Corp. has introduced U by Kotex Security Ultra Thin pads, designed to help women feel more confident in their period protection.
Dollar Tree Inc. has finalized its deal to acquire rival Family Dollar Stores Inc. Dollar Tree said Monday that under the merger agreement announced and unanimously approved by each company’s board in July 2014, Family Dollar shareholders will receive $59.60 in cash and 0.
Risk management professional Paul Zikmund is joining Rite Aid Corp. as group vice president of risk and controls, a newly created position. Rite Aid said Monday that Zikmund will oversee risk management for Rite Aid and its subsidiaries, including RediClinic, Health Dialog and EnvisionRx.
