Pfizer may divest nutrition, animal health units
Pfizer Inc. is exploring strategic options for its nutrition and animal health businesses, including the possibility of spinning off or selling those units.
CDR
Blood health supplement lands drug store distribution
Santal Solutions has gained national retail distribution for its Assurance Blood Health Support dietary supplement at Walgreens and Rite Aid drug stores.
Rite Aid shuffles execs in store ops, HR
Rite Aid Corp. has made a flurry of executive changes in store operations and human resources. The drug store chain said Thursday that Brian Fiala, formerly executive vice president of store operations, has been appointed executive vice president of human resources.
CVS: Generics yield bigger-than-expected savings
Greater use of generic drugs for chronic disease makes the cost of preventive health care much less than previously thought, research by CVS Caremark Corp., Harvard University, and Brigham and Women’s Hospital finds.
NACDS to CMS: Nix Calif. plan to cut Rx reimbursement
The National Association of Chain Drug Stores and the California Retailers Association (CRA) have called on the Centers for Medicare & Medicaid Services (CMS) to reject a proposal to cut pharmacy reimbursement in California’s Medicaid program.
Take Care enters health, fitness services partnership
Take Care Health Systems plans to offer its employer clients a range of corporate wellness services under an alliance with workplace health and fitness specialist Core Performance. And as part of the agreement announced Wednesday, Walgreen Co.
Walgreens sees same-store sales lift in June
Solid business in both the pharmacy and the front end propelled Walgreen Co. to its eighth straight month of same-store sales gains. Walgreens said Wednesday that comparable-store sales climbed 4.8% year over year in June, aided by a 0.2 percentage point positive impact from calendar day shifts.
Retail Rx veteran joins H.D. Smith
H.D. Smith has appointed Mark de Bruin as corporate vice president of managed care.
American Greetings unveils baby-themed cards
American Greetings Corp. has introduced Going Ga-Ga, a new birthday card collection featuring amusing images and sounds of babies.
Lilly appoints quality leader to exec committee
Fionnuala Walsh has been named to the executive committee of Eli Lilly and Co. Lilly said Friday that Walsh will continue in her current role as its senior vice president of global quality, reporting to John Lechleiter, chairman, president and chief executive officer.
Jean Coutu to sell off part of Rite Aid stake
The Jean Coutu Group plans to sell approximately 10% of its equity interest in Rite Aid Corp.
Navarro’s 29th location opens its doors in N. Miami
Navarro Discount Pharmacy has officially opened its new store in North Miami, which marked the Hispanic-owned drug chain’s 29th location overall and first new store in five years.
New Duane Reade flagship store to open on Wall Street
In line with its "New York living" marketing theme, Duane Reade is set to open its new flagship store at an iconic Manhattan location: 40 Wall Street, currently the site of The Trump Building and at one time the world’s tallest building. The new Duane Reade store in The Trump Building at
Quarterly sales edge up at Jean Coutu Group
The Jean Coutu Group and its franchised drug store network saw sales rise slightly in the fiscal 2012 first quarter, and the company reported a year-over-year profit gain. The Canadian drug store operator said Tuesday that revenue for its franchised stores rose 2.9% to $957.
Finpago launches EasyCopay to Health Mart
Finpago Inc. rolled out its EasyCopay automated copayment claims service for pharmacies to all Health Mart members at the McKesson Trade Show in San Francisco.
Archimedes gets OK for fentanyl nasal spray
Archimedes Pharma Ltd. and its subsidiary Archimedes Pharma U.S. Inc. have been cleared by the U.S. Food and Drug Administration to market approved Lazanda (fentanyl) nasal spray, for the management of breakthrough pain in cancer patients.