Katz Group Canada has signed an agreement to sell Drug Trading Co., its banner pharmacy business, and Medicine Shoppe Canada, its franchise pharmacy business, to McKesson Corp. for about $920 million. As part of the transaction McKesson is entering into other ancillary agreements with Katz Group.
Leonard Genovese, part of the family that ran the former Genovese Drug Stores Inc. chain, has been retained by PearlBrite Concepts Inc. to serve on its board of advisors management team. PearlBrite is a nondental, cosmetic teeth whitening company and subsidiary of Delta Entertainment Group Inc.
Coria Laboratories has expanded its popular CeraVe skin care line with CeraVe SA Renewing Lotion. The Valeant Pharmaceuticals North America subsidiary said Thursday that CeraVe SA Renewing Lotion is now available at drug stores and mass retailers nationwide at a suggested retail price of $14.99.
Banana Boat has begun rolling out a pair of new products for its CoolZone line and unveiled a sponsorship with NASCAR and IndyCar auto racing teams.
Shoppers Drug Mart Corp. is expanding its roster of exclusive beauty care brands with the rollout of essence, a Germany-based value cosmetics brand. At Shoppers Drug Mart, essence cosmetics will be showcased in an innovative display.
Rite Aid Corp. plans to deploy a cloud-based workforce management system that will be used at all of its nearly 4,700 drug stores. Retail workforce management technology provider WorkPlace Systems Inc.
Shoppers Drug Mart Corp. is donating $250,000 to support The Blueprint for Pharmacy Implementation Strategy, a long-term initiative to evolve pharmacy practice with the changing health care needs of Canadians.
A federal appeals court has granted Watson Pharmaceuticals Inc. and Amphastar Pharmaceuticals a stay of the preliminary injunction preventing them from marketing or selling Amphastar’s enoxaparin sodium injection.
McKesson Corp. is slated to distribute BluScience dietary supplements from ChromaDex Corp. to about 4,000 community pharmacies. ChromaDex said Wednesday that under the agreement, McKesson will distribute three BluScience supplement products to independent pharmacies: HeartBlu, EternalBlu and Blu2Go.
Nipro Diagnostics Inc., has purchased a new corporate facility in Fort Lauderdale, Fla., to house many of its operations. The diabetes care supplier said Thursday that the building, at 2200 West Cypress Creek Rd. in Fort Lauderdale.
The Centers for Medicare & Medicaid Services (CMS) has published a fourth round of draft federal upper limits (FULs) for Medicaid generic drug reimbursement, but the proposed levels still fall short for community pharmacies, according to the National Community Pharmacists Association.
Pointing to a rise in whooping cough cases, MinuteClinic announced that DTap and Tdap vaccinations are available daily at more than 600 walk-in health clinics nationwide.
With Super Bowl Sunday coming up soon, Rite Aid Corp. is launching a new promotion that highlights the chain as a convenient, year-round destination for commonly purchased food and beverage items.
Current Walgreen Co. executives Wade Miquelon and Kermit Crawford and former chief executive officer Jeffrey Rein have joined the boards of health care service providers.
The Pennsylvania Employees Benefit Trust Fund (PEBTF) has awarded CVS Caremark Corp. a three-year contract to provide prescription drug benefits to Pennsylvania state employees.
PuraMed BioScience Inc. has rolled out its LipiGesic M natural treatment for migraine headaches at CVS/pharmacy.
