Bristol-Myers Squibb Co. plans to acquire Amylin Pharmaceuticals Inc. for $31 per share in cash, pursuant to a cash tender offer and second-step merger, for an aggregate purchase price of about $5.3 billion.
Brewing giant Anheuser-Busch InBev plans to buy the remaining interest in Grupo Modelo S.A.B. de C.V. it doesn’t own in a deal valued at $20.1 billion. The companies said Friday that the transaction, expected to close in the first quarter of 2013, will bring together Corona and Budweiser beer as
American Greetings Corp. has expanded its justWink greeting card line with a new collection of designs.
The Supreme Court’s ruling to let stand the major elements of the Patient Protection and Affordable Care Act (PPACA) health reform law drew fire from retail industry organizations.
Community pharmacy sales are still lagging those of other retail sectors in Canada, where provincial reforms are squeezing prescription drug business. According to Statistics Canada, pharmacy sales for the period to the end of February rose just 2.7%, despite an additional day during the month.
The American Pharmacists Association (APhA) aims to push ahead with efforts to gain full implementation of "pharmacy-friendly" provisions of the Affordable Care Act (ACA) following the Supreme Court’s decision to uphold the major components of the health care reform law.
Perrigo Co. has received approval from the Food and Drug Administration for clindamycin phosphate and benzoyl peroxide 1.2%/5% topical gel, a treatment for acne. The company said Wednesday that it has begun shipment of the product, the generic equivalent of Stiefel’s Duac Gel.
CVS/pharmacy has revamped its year-old Beauty Board, a panel of beauty experts who provide interactive content and advice for fans of the CVS Beauty Club Facebook page.
The National Association of Chain Drug Stores has sent a memo to members that gives the upshot of the Supreme Court’s complex ruling on the health care reform law. In the letter to members on Thursday, Don Bell, senior vice president of legal affairs and general counsel for NACDS noted that the
Orabrush said its patented tongue cleaner and tongue foam are now being carried in about 5,000 Walgreens drug stores across the country. The company said Wednesday that the distribution with Walgreens brings the total number of retail outlets carrying Orabrush products to almost 30,000 worldwide.
DC Brands International Inc. has enlisted a national sales and brokerage company to help it broaden distribution of its HARD Nutrition functional water systems and supplements to local and national retailers across multiple channels.
Empowered Products Inc., which offers the PINK and Gun-Oil sexual wellness brands, said sales have escalated since its products shipped to leading chain drug retailers earlier this year.
Nutress Hair Products are now available at select Walgreens drug stores nationwide. Nutress said Tuesday that the five most popular offerings in its product line are on shelves in 400 Walgreens stores.
Stephen Gold is slated to join CVS Caremark Corp. early next month as the new chief information officer. CVS Caremark said Wednesday that Gold, previously CIO of business communications technology provider Avaya Inc., is scheduled to start in the post on July 9.
After hearing the first oral arguments in late March, the U.S. Supreme Court on Thursday upheld the Affordable Care Act (ACA) of 2010, the health care reform law championed by the Obama administration.
The business model that has long sustained the research-based pharmaceutical industry is faltering, with the steady stream of blockbuster medications that once characterized it drying up and competition from generics suppliers increasing as an unprecedented number of branded products lose patent pro
