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.
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 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.
CBS Evening News anchor and managing editor Scott Pelley will be the keynote speaker for the 13th annual National Association of Chain Drug Stores Foundation Dinner on Nov. 29 in New York City.
Sam’s Club next week is offering free women’s health checkups in support of Breast Cancer Awareness Month. The Walmart warehouse club subsidiary said Tuesday that on Oct.
Financially pressured Americans are making tradeoffs with prescription drugs that could be dangerous to their health, according to a survey by Consumer Reports.
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.
Cap-N-Lock LLC has announced The Locking Cap, a combination locking cap designed to work with current prescription medication bottles. The Locking Cap features a four-digit locking mechanism.
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 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.
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.
Family Dollar Stores Inc. has appointed Mike Bloom, the top merchandising and supply chain executive at CVS Caremark Corp., as president and chief operating officer. The deep discount store chain said Tuesday that Bloom’s hiring comes with the announcement that current president and COO R.
Walmart and Argus Health Systems Inc. have entered a preferred pharmacy network arrangement. Argus said Thursday that the preferred network approach coordinates efforts by the pharmacy benefits administrator and Walmart to provide the lowest prescription benefit cost to Argus customers.
With generic drugs in the national spotlight as a cost-saver for the health care system, the National Community Pharmacists Association is noting that its members are a core provider of these affordable medications.
A new store concept from Walgreen Co. brings the future of pharmacy into the present. At 17 locations in the Chicago area Walgreens is piloting a format that transforms the traditional drug store pharmacy department into a neighborhood health center — in both practice and design.
Walgreens plans a major store pilot in Indianapolis as it experiments with various concepts in transitioning its drug stores into “health and daily living” stores.
