Jean Coutu sees mixed results in 4Q, full year
Despite a sales uptick in its franchise store network, Jean Coutu Group turned in a mixed revenue performance and declined earnings for its 2013 fourth quarter and fiscal year.
CDR
PharmaSmart BP kiosks deployed at Kinney Drugs
PharmaSmart International Inc. has rolled out its blood pressure screening kiosks at all Kinney Drugs stores.
New generics boost CVS Caremark’s 1Q profit
The influx of new generic drugs hoisted earnings above Wall Street’s forecast but tempered sales growth in the first quarter at CVS Caremark Corp. CVS said Wednesay that for the three months ended March 31, income from continuing operations attributable to CVS Caremark surged 23.
Teva OK’d to market Plan B One-Step on store shelves
Teva Women’s Health Inc. has been cleared by the Food and Drug Administration to market Plan B One-Step emergency contraceptive tablets over the counter to women ages 15 and older. The Teva Pharmaceutical Industries Ltd. U.S.
Quest Products unveils solution for male incontinence
Quest Products Inc. has rolled out the Guardian For Men, a new product designed to offer protection for men who suffer from light to moderate male incontinence. Guardian For Men provides a more discreet, comfortable option for male incontinence, Quest Products said.
AXE kicks off Space Camp contest with Walgreens
In conjunction with the AXE Apollo Space Academy, which will send 22 fans from around the world to space, the AXE brand is launching a new retail-focused program that will allow seven people to attend Space Camp for a chance to experience space travel. The Unilever men’s personal care brand said
Actavis reaches agreement to launch OxyContin generic
Actavis Inc. has entered into an agreement with Purdue Pharma to settle all outstanding patent litigation related to Actavis’ generic version of the abuse-deterrent formulation of OxyContin.
Walgreens readies opening of Boston flagship store
Walgreen Co. plans to open its latest flagship store tomorrow on School and Washington streets in Boston. The drug chain said Tuesday that the multilevel flagship store, set to open at 10 a.m. on May 1, will house a broad collection of products and services not typically found in a traditional drug
CVS partakes in White House event supporting hiring of veterans
CVS Caremark Corp. was among several national companies represented at an event hosted today by President Barack Obama, Vice President Joe Biden, First Lady Michelle Obama and Dr. Jill Biden as part of the Joining Forces initiative.
Safeway names successor for CEO Burd
Robert Edwards is set to become chief executive officer of Safeway Inc. next month with the retirement of longtime CEO Steve Burd. The food and pharmacy retailer said late Monday that Edwards, now Safeway’s president, will take the CEO reins on May 14, when Burd is slated to retire from the chief
NABP calls for global effort to combat illegal online Rx sales
Driven by illicit online sellers, the global distribution of counterfeit drugs and substandard medications demands a global response, the National Association of Boards of Pharmacy (NABP) said in a new report.
Rite Aid’s Standley named to Supervalu’s board
John Standley, chairman, president and chief executive officer of Rite Aid Corp., has been elected to the board of Supervalu Inc.
Arctic Ease hits shelves at CVS stores
Artic Ease is rolling out its cold therapy compression wrap nationwide via distribution to more than 7,400 CVS/pharmacy drug stores.
NCPDP offers plan to improve prescription monitoring
The National Council for Prescription Drug Programs (NCPDP) has released an action plan to help standardize prescription drug monitoring programs (PDMPs) to better track and deter abuse of prescriptions for controlled substances.
Health Mart owner testifies on Rx supply chain security
A Health Mart pharmacy owner this week gave his take on pharmaceutical supply chain safety in a congressional hearing. On behalf of the National Community Pharmacists Association, Tim Davis, owner of Beaver Health Mart Pharmacy in Beaver, Pa., testified Thursday at a U.S.
Analysis: What the Affordable Care Act means for Rx
Presume you are an executive manager, owner or operator of a chain of pharmacies, large or small. Or you may manage a chain of food/drug or mass merchandise stores that include pharmacy as an integral part of the entire retail offering.