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CVS marks opening of New York distribution center

With a gathering of federal and New York state officials on hand, CVS Caremark Corp. this week held a grand opening for a 751,000-square-foot distribution center in Chemung, N.Y., that serves about 350 CVS/pharmacy stores in the Northeast. (Left to right) Sen.

Walgreens shuffles marketing, merchandising execs

Walgreens shuffles marketing, merchandising execs

Walgreen Co. is restructuring its marketing and merchandising staff in a bid to foster a more integrated approach to the two disciplines and intensify the drug chain’s customer focus. A major component of the realignment is the elimination of the chief marketing officer’s role.

Report: Supermarket pharmacies to get lift from generics

Supermarket chains with sizable pharmacy operations will see their gross profits edge up next year as brand-name drugs lose patent protection and higher-margin generic versions of those medications hit the market, according to a report from Moody’s Investors Service.

Carmex adds pump to skin care line

Carma Laboratories Inc. has expanded its skin care line with Carmex Healing Lotion in a new 13-ounce pump. Carmex Healing Lotion features aloe and vitamin E to moisturize, heal and protect skin from dryness, and it has a light, fresh scent and is formulated for daily use, Carma said.

Safeway creates chief medical officer post

Safeway Inc. has appointed Dr. Kent Bradley as chief medical officer, a newly created position. The food and drug retailer said Monday that the creation of the chief medical officer post is designed to enhance and build Safeway’s reputation as a health care innovator.

Lannett to ship Loxitane generic

Lannett Co. has received approval from the Food and Drug Administration for loxapine capsules, an anti-psychotic medication. The generic pharmaceutical company said Tuesday that the loxapine capsules will be available in strengths of 5 mg, 10 mg, 25 mg and 50 mg.

Vicks kicks off NFL fan contest

With the National Football League season now under way, Procter & Gamble’s Vicks NyQuil and DayQuil cold/cough/flu medicine brands have launched their "Most Dedicated Fan" contest on Facebook.

AmerisourceBergen to buy TheraCom from CVS Caremark

AmerisourceBergen Corp. has entered an agreement to purchase TheraCom, a subsidiary of CVS Caremark Corp. AmerisourceBergen said Tuesday that the $250 million deal is slated to close in its fiscal 2012 first quarter, which ends Dec. 31.

Walgreens turns in gains for 4Q, full year

Walgreen Co. reported robust revenue and earnings increases for its fiscal 2011 fourth quarter and full year, with adjusted net income exceeding Wall Street’s forecast. Walgreens said Tuesday that for the fourth quarter ended Aug. 31, total sales rose 6.5% $17.97 billion from $16.