Merck & Co. has unveiled an agreement to buy SmartCells Inc., a private company developing a unique technology for the treatment of diabetes. Under the deal announced Thursday, Merck said it plans to acquire all outstanding stock of Beverly, Mass.-based SmartCells.
Endo Pharmaceuticals said this week that it has completed its acquisition of generic drug maker Qualitest Pharmaceuticals. Endo had announced in late September that it entered into an agreement to acquire Qualitest for about $1.2 billion in cash.
This weekend, Shoppers Drug Mart Corp. plans to step up the savings for customers in its Shoppers Optimum loyalty card program. The Canadian drug store chain said that on Dec.
Helped by calendar day shifts and solid pharmacy business, Walgreen Co. turned in a comparable-store sales gain in November after experiencing a decrease the previous month. The drug chain said Friday that same-store sales for November (excluding the acquired Duane Reade stores) rose 3.2%.
Food and drug retailer United Supermarkets this weekend plans to begin offering discounted flu shots in recognition of National Influenza Vaccination Week.
Eastman Kodak Co. has introduced its new PYNK Smart Print System photo kiosks at 5,000 CVS/pharmacy stores nationwide.
Rite Aid Corp. saw same-store sales slip in November versus a year ago, as soft cold and flu-related business continued to affect results. The drug store chain said Thursday that for the five weeks ended Nov. 27, overall same-store sales fell 1.3%. That was better than the 1.7% decrease recorded in
Carma Laboratories Inc., the maker of Carmex lip balm, has unveiled two limited-edition flavors, Carmex Lime Twist and Carmex Vanilla Click Sticks.
The National Association of Chain Drug Stores Foundation’s 12th annual dinner generated contributions totaling $1.76 million.
Watson Pharmaceuticals Inc. announced that its oral emergency contraceptive, ella (ulipristal acetate 30 mg) is now available by prescription in the United States.
David Froesel has been named executive vice president, chief financial officer and treasurer at BioScrip Inc. The pharmacy services company said Wednesday that Froesel takes over the CFO post effective immediately.
Drugstore.com reported that Cyber Monday set a new one-day record for the company in terms of the number of customer orders. The online health, beauty and vision retailer said late Tuesday that in addition to record order levels on drugstore.com and Beauty.
VIA Group has partnered with Prestige Brands Holdings Inc. to launch an integrated marketing and promotional campaign for the PediaCare line of over-the-counter children’s remedies.
Pfizer Consumer Healthcare has rolled out Caltrate Soft Chews, which the company bills as a great-tasting and convenient way to meet the recommended daily intake of vitamin D to maintain bone health.
Recently passed legislation on distracted driving in Alberta has London Drugs spotlighting its selection of Bluetooth devices to customers in the province.
Merck & Co. president Kenneth Frazier has been named chief executive officer, succeeding current CEO Richard Clark, who will continue as chairman. The pharmaceutical giant said Tuesday that Frazier, 55, will take the CEO reins effective Jan. 1. He also will become a member of the company’s board.
