In a move to expand its e-commerce business and expertise, Walgreen Co. plans to acquire drugstore.com in a deal valued at $409 million. Walgreens said Thursday that under the agreement, it will acquire the drugstore.
Jill McCormack has joined the National Association of Chain Drug Stores as a director of state government affairs.
Walgreen Co. saw earnings rise by double digits in its fiscal 2011 second quarter and first half, lifted by robust revenue and same-store sales growth. Walgreens said Tuesday that net earnings for the second quarter ended Feb. 28 came in at $739 million, or 80 cents per diluted share, up 10.4% from
The Generic Pharmaceutical Association (GPhA) has called on lawmakers to protect funding for the Food and Drug Administration Office of Generic Drugs.
Richard Meelia is slated to retire as president and chief executive officer of Covidien this summer. The pharmaceutical and health care products company said plans call for Meelia to retire on July 1 and then serve as nonexecutive chairman during a transition period of up to one year.
Loblaw Cos. is providing heart health screenings free at participating stores across Canada in collaboration with the Becel Centre for Heart Health.
Kerr Drug has launched an online store finder for its free prescription delivery program. The regional drug chain, which has 90 stores in North Carolina, said customers can now visit kerrdrugdelivers.com to find the nearest Kerr pharmacy to request free delivery.
The stage has been set for telepharmacy in Ontario, where the government has approved regulations that enable remote prescription dispensing throughout the province.
The fact that colon cancer is preventable but still kills 50,000 people every year has led Boehringer-Ingelheim Consumer Health Care to team up with the Colon Cancer Alliance on a yearlong project to raise awareness and help more people get screened for the disease.
A federal report on the rise of counterfeit drugs drew comment this week from the National Association of Chain Drug Stores, which welcomes the government’s efforts to tackle the issue but opposes the mandate for a national track-and-trace system.
Walgreen Co. this weekend plans to sponsor American Red Cross life-saving training events at over 100 drug stores nationwide. To be held Saturday, March 19, the events are in honor of Rep. Gabrielle Giffords and those involved in the shooting in Tucson, Ariz., Walgreens said.
For its efforts in diabetes prevention and care, Giant Eagle has received the American Diabetes Association’s (ADA) Chairman’s Citation Award.
Bartell Drugs next week plans to hold its Health & Beauty Event, which will feature health screenings, cosmetics demonstrations, hair care tips and product samples.
Kimberly-Clark Corp. announced that it plans to raise prices in North America for its baby and child care and consumer tissue businesses. The company said Thursday that the price hikes are slated to take effect during the second and third quarters.
Walgreen Co., CVS Caremark Corp. and Rite Aid Corp.
François-Xavier Lacasse has been appointed scientific director at Genacol Canada Inc. The Quebec-based natural health supplements maker said Tuesday that in the new post, Lacasse will advise the company on scientific matters and on the development of new products.
