Reports: Walmart gets injunction to halt CVS hiring
Walmart has been granted a preliminary injunction to block former executive Hank Mullany from being hired as the pharmacy chief at CVS Caremark Corp., according to published reports.
CDR
Novartis inks deal to buy rest of Alcon
Novartis has entered an agreement to acquire the remaining interest of eye care company Alcon Inc. that it doesn’t already own. Novartis said Wednesday that under the stock-and-cash deal, valued at $12.
J&J appoints vice chairmen in executive moves
Johnson & Johnson has named Alex Gorsky and Sheri McCoy as vice chairmen of its executive committee and said they will join board chairman and chief executive officer William Weldon in an expanded office of the chairman.
Tessalon capsules pose risk to kids, FDA warns
The "candy-like appearance" of Tessalon (benzonatate) liquid cough suppressant capsules presents a risk to young children, and the medication should be kept in child-proof containers, according to the Food and Drug Administration.
1 in 6 Americans bought prescription drugs online without Rx
An estimated 36 million Americans, or one in six people, have purchased prescription drugs online without a doctor’s prescription, according to research presented by The Partnership at Drugfree.org and funded by the Alliance for Safe Online Pharmacies (ASOP). The Partnership at Drugfree.
NACDS, NCPA drop Medicaid AMP lawsuit
The National Association of Chain Drug Stores and the National Community Pharmacists Association are dropping their 2007 lawsuit that has blocked the implementation of the so-called "AMP rule" by the Centers for Medicare & Medicaid Services (CMS).
CVS unveils Facebook photo app
CVS/pharmacy has launched CVS Express Photo App, an online application that enables users of the social media site Facebook to order photo prints directly from their Facebook albums and pick them up in about an hour from a CVS store. "Facebook has become a popular and easy way to share photos online
RediClinic to double health clinic count in H.E.B. stores
RediClinic plans to open 20 new health clinics in H.E. Butt Grocery Co. stores across Texas. The retail health clinic operator said Monday that the expansion will almost double the 21 RediClinics now operating in H.E. Butt supermarkets. Plans call for eight new RediClinics to open in H.E.B.
Pfizer names chairman in wake of Kindler’s exit
George Lorch has been elected as nonexecutive chairman of the board at Pfizer Inc. The move comes after the exit of chairman, president and chief executive officer Jeffrey Kindler, who Pfizer said last week has retired.
CVS veteran joins Market Performance Group
Former CVS category management executive Steve Ortleb has joined Market Performance Group (MPG). The consumer sales and marketing strategy firm said Ortleb will serve as a director on the MPG Sales & Retail Services team and as a retail adviser for the MPG Strategy Consulting group.
More drug retailers join Pharmacy Saver
A leading discounter and several large supermarket chains have joined UnitedHealthcare’s Pharmacy Saver Medicare Part D program. The health insurer said Monday that Target Corp., H.E. Butt Grocery Co., Hy-Vee Inc., Publix Super Markets Inc.
A&P files for Chapter 11
Troubled food and drug retailer A&P has filed for Chapter 11 bankruptcy protection. A&P announced the bankruptcy filing Sunday night, not long after media reports surfaced before the weekend that the company, which operates about 250 pharmacies, was mulling Chapter 11 protection.
NACDS helps retailers convey upcoming FSA changes
The National Association of Chain Drug Stores has devised materials that pharmacy retailers can use to inform customers about new limits going into effect next year on over-the-counter medicines in flexible spending accounts (FSAs).
Mylan gets approval for generic Adalat CC
Mylan Inc. has been cleared by the Food and Drug Administration to market nifedipine extended-release tablets for the treatment of hypertension. The company said Friday that its Mylan Pharmaceuticals Inc.
Little Colds Honey Elixir joins Little Remedies line
Prestige Brands Inc. has added Little Colds Honey Elixir, a nonmedicated treatment for cough and sore throat, to its Little Remedies line of pediatric over-the-counter products.
Reports: A&P mulling bankruptcy filing
A&P saw its stock price plunge more than 60% on Friday amid published reports that the struggling food and drug retailer was on the verge of filing for bankruptcy protection. A report by Bloomberg on Friday said A&P was considering filing for Chapter 11 bankruptcy and that such a move could take