Sam’s Club gets new CEO; Walmart U.S. gets COO
Walmart has named a new chief executive officer for Sam’s Club, whose current CEO is leaving, and promoted another executive to chief operating officer of Walmart U.S., a newly created position.
CDR
NACDS Foundation to fund MTM research
The National Association of Chain Drug Stores Foundation has issued a request for proposal (RFP) to study the health impact of pharmacist-led medication therapy management (MTM) in care teams.
NCPA: Medicare Part D patients ‘duped’ into preferred pharmacy networks
The National Community Pharmacists Association is calling for a special enrollment period for Medicare Part D patients who claim deceptive marketing led them to sign up for a prescription drug plan with a restrictive "preferred pharmacy" network.
Watson releases Yaz generic
Watson Pharmaceuticals Inc. has begun shipping a Vestura, an oral contraceptive. The company said late Wednesday that the product was launched by its Watson Pharma Inc. subsidiary. Vestura (drospirenone 3 mg and ethinyl estradiol 0.
Chain drug retailers partake in Extra gum promotion
A multipronged marketing effort between Shape and Men’s Fitness magazines and Wrigley’s Extra gum brand will feature in-store promotions at leading chain drug retailers. The two American Media Inc.
Walgreens debuts new format in Indianapolis
Walgreen Co. has officially reopened 68 stores in the Indianapolis area that have been converted to the drug chain’s new "health and daily living" format. Walgreens said Thursday that president and chief executive officer Greg Wasson was joined by Sen. Richard Lugar (R., Ind.
Kodak files for Chapter 11 bankruptcy
Eastman Kodak Co., an iconic U.S. company and at one time a core supplier to chain drug stores, has filed for Chapter 11 bankruptcy protection. Kodak said Thursday that the company and its subsidiaries made the filing for Chapter 11 business reorganization in the U.S.
Gillette, new brand ambassadors to debut styling tool
Gillette has unveiled a precision styling tool for men with facial hair, the Fusion ProGlide Styler, and signed musician Andre 3000 Benjamin and actors Gael Garcia Bernal and Adrien Brody as brand ambassadors.
Gilead closes deal to acquire Pharmasset
Gilead Sciences Inc. has completed its acquisition of Pharmasset Inc., a clinical-stage pharmaceutical firm. Gilead said late Tuesday that its subsidiary, Royal Merger Sub II Inc., has finalized the transaction to buy Pharmasset for $137 per share in cash, or about $11.2 billion.
Kraft plans U.S. sales revamp, layoffs
Kraft Foods Inc. plans to realign its U.S. sales organization and lay off about 1,600 employees as it readies for a spin-off of its grocery business, splitting the food manufacturing giant into two public companies.
Bank praised by NCPA for nixing mandatory mail order
The National Community Pharmacists Association has applauded Regions Bank for rescinding its policy requiring employees to fill prescription drugs for chronic conditions via mail order pharmacies. NCPA said Tuesday that the bank’s new policy had been scheduled to become effective Jan.
GE, Bionime partner on blood glucose meter
GE Healthcare has entered into a global licensing pact with medical testing product specialist Bionime Corp. to provide new GE-branded solutions for the diabetes market. The GE100 Blood Glucose Monitoring System is the lead-off product in the GE-Bionime partnership. The General Electric Co.
CHPA names regulatory, science directors
The Consumer Healthcare Products Association (CHPA) has appointed John Punzi and Jay Sirois as directors in its regulatory and scientific affairs department.
Novo Nordisk, cooking star team on diabetes campaign
Novo Nordisk has partnered with celebrity cooks Paula Deen and her sons Bobby and Jamie Deen to launch "Diabetes in a New Light," a national effort to help adults find simple ways to manage type 2 diabetes. Celebrity cook Paula Deen with her sons Jamie (left) and Bobby. The diabetes care company
Take Care Clinics enable online appointments
Take Care Health Systems has added a real-time scheduling option in which patients can now set up Take Care Clinic appointments online or in the clinic. The Walgreen Co.
Shoppers Drug Mart, RBC plan co-branded bank card
Shoppers Drug Mart and Royal Bank of Canada (RBC) are slated to introduce a co-branded banking account and debit card that will offer extra benefits through the retailer’s Shoppers Optimum rewards program.