Pfizer Inc. has closed its $3.6 billion deal to acquire branded drug maker King Pharmaceuticals Inc. Pfizer said Tuesday that it has completed the acquisition through the merger of its Parker Tennessee Corp. subsidiary into King, which is now a wholly owned subsidiary of Pfizer.
The Coca-Cola Co. is expanding retail availability and stepping up marketing for the full line of Seagram’s ginger ale and mixers nationwide.
The National Association of Chain Drug Stores and the National Community Pharmacists Association have urged a key lawmaker to re-examine the notion of encouraging military beneficiaries to use mail-order pharmacy service under the TRICARE health care program.
Half of Americans don’t like the "individual mandate" clause in the health care reform law that requires all people to buy health insurance if they’re not already covered, according to a new Harris Interactive/HealthDay poll. Meanwhile, only 22% of the more than 3,400 U.S.
Walgreens has been named the top national pharmacy chain for 2010 in Outcomes Pharmaceutical Health Care’s Medication Therapy Management (MTM) Network. Outcomes said Tuesday that this is the first year Walgreens has achieved the recognition.
Larry Merlo today took the helm at CVS Caremark Corp. as chief executive officer, succeeding Tom Ryan. CVS Caremark announced Merlo’s official move from president and chief operating officer to the role of president and CEO on Tuesday.
Walgreen Co. said its pharmacies in all 50 states are prepared to compound Tamiflu capsules into an oral suspension amid a supply shortage of the antiviral medication. According to Walgreens, Tamiflu capsule remain in adequate supply.
Rite Aid Corp. has received notice from the New York Stock Exchange that it has regained compliance with the exchange’s minimum share price listing requirement. NYSE requires the average closing price of a listed company’s common stock to be at least $1 per share over a consecutive 30 trading days.
Winning Brands Corp. next month plans to roll out its Winning Colours Stain Remover to Duane Reade stores in New York City and pass out samples of the product.
Mylan Inc. plans to ship generic gabapentin capsules, indicated for the treatment of a painful complication of shingles. The company said Monday that its Matrix Laboratories Ltd.
American Scientific Resources Inc. has signed Associated National Brokerage (ANB) to distribute its Kidz-Med VeraTemp noncontact thermometers to chain drug stores in Canada.
CVS/pharmacy is getting set to kick off the 2011 "To Your Health" tour, in which it will provide free health screenings at more than 800 events in communities nationwide.
Duane Reade’s Look Boutique is expanding its roster of luxury beauty offerings with the addition of Roger & Gallet fragrances, bath care and body care products.
AmerisourceBergen Corp. has become the new pharmaceuticals distributor for Humana Pharmacy Solutions. Humana said Thursday that under the agreement, Valley Forge, Pa.-based AmerisourceBergen will be its primary wholesaler for drug purchasing. The five-year pact goes into effect on May 1.
Hal Rosenbluth, president of Walgreen Co.’s health and wellness division, plans to retire this spring. Hal Rosenbluth Walgreens said Friday that Rosenbluth is set to retire in April but will continue as a senior consultant to chief executive officer Greg Wasson for health care services.
Medication adherence and pharmacy reimbursement are two issues that go hand in hand, Steve Anderson, president and chief executive officer of the National Association of Chain Drug Stores, told attendees in an address at the NACDS Regional Chain Conference here earlier this month.
