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CDR

Business group honors Navarro

Navarro Discount Pharmacy has received the Top 100 Minority Business Award from the Greater Miami Chamber of Commerce. Navarro is the largest Hispanic-owned drug chain in the United States.

Walgreens, CVS are taking divergent paths

In the immediate aftermath of Walgreens’ announced purchase of drugstore.com, the burning questions of the moment in mass retailing are these: Is a drug store a retail outlet or a health care provider? Or can it be both? Clearly, Walgreens is buying drugstore.

CVS Caremark aims to heighten impact on Rx

When Larry Merlo became chief executive officer of CVS Caremark Corp. last month he made it clear that his top priority is to realize the full potential of the integrated pharmacy care model that has decisively shaped the evolution of the company in recent years.

CVS’ MinuteClinic allies with Chicago-area health system

MinuteClinic, CVS Caremark Corp.’s retail health clinic subsidiary, has entered a a clinical affiliation with Advocate Health Care and Advocate Physician Partners to enhance health care services to patients throughout the Chicago area and central Illinois.

Kroger pharmacies provide Rx disposal envelopes

Kroger Co. has teamed up with Sharps Compliance Corp. to offer safe disposal of expired, unused or unwanted medications via its pharmacies. Sharps said Wednesday that its TakeAway System Envelope Solution is now available at pharmacies inside Kroger Co.

Merck to acquire Inspire Pharmaceuticals

Merck plans to buy Inspire Pharmaceuticals Inc., a specialty pharmaceutical company focused on ophthalmic products. Under the agreement announced Tuesday, Merck, through a subsidiary, will commence a tender offer for all outstanding common stock of Inspire.

Diamond adds Pringles in deal with P&G

Diamond Foods Inc. and Procter & Gamble Co. have entered an agreement to merge P&G’s Pringles snack chip business into Diamond in a $2.35 billion deal. According to the companies, the transaction will make Diamond the No. 2 global player in savory snack category.

Rite Aid posts flat sales, shrinks loss in 4Q

Rite Aid posts flat sales, shrinks loss in 4Q

Rite Aid Corp. turned in virtually flat revenue for its fiscal 2011 fourth quarter and reduced its net loss compared with a year earlier. The drug store chain on Thursday also reported a dip in total sales for fiscal 2011 and a larger net loss for the full year. Both the

Reese Pharmaceutical rolls out bedbug spray

Reese Pharmaceutical Co. has added Licide Bedbug Spray to its lineup of over-the-counter branded and private-label products. The company said Wednesday that Licide Bedbug Spray helps consumers keep their homes free of bedbugs for up to 4 weeks.