The Cardinal Health Foundation is inviting nonprofit groups in seven markets to apply for grant funding to support local efforts to prevent the abuse and misuse of prescription drugs. Cardinal Health Inc. said this week that registered 501(c)(3) organizations in Albuquerque, N.M.
Front-end business remained strong for Walgreen Co. in February and led the way in lifting same-store sales for the month. Walgreens said Thursday that comparable-store sales in February, excluding Duane Reade, were up 3.1% year over year. That result didn’t match the robust 6.
Pushing ahead with its crackdown on ineffective prescription drugs, the Food and Drug Administration plans to yank about 500 unapproved cough, cold and allergy medications from the market. The FDA said Wednesday that the class action is part of its Unapproved Drugs initiative.
Continuing an upward trend, Rite Aid Corp. saw same-store sales climb for the third month in a row in February. The drug store chain said Thursday that for the five weeks ended Feb. 26, comparable-store sales rose 1% year over year. That built on gains of 1.1% in January and 0.6%
Insight Pharmaceuticals has purchased the e.p.t home pregnancy testing brand from Johnson & Johnson. Terms of the agreement weren’t disclosed. Insight, owned by private equity firm Swander Pace Capital, said Tuesday that e.p.
American Greetings has promoted Bill DeWitt to senior vice president of the company’s North American Sales Group. The greeting card maker said Tuesday that DeWitt will lead a newly constituted sales division encompassing the United States, Canada and Mexico.
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.
