A strong operational performance fueled a nearly 19% gain in earnings in the fiscal 2011 first quarter at Walgreen Co., exceeding analysts’ per-share profit forecast by 8 cents. Same-store sales in the quarter, however, edged up less than 1% year over year, despite a 6% increase in total revenue.
Through an agreement with the National Patient Safety Foundation, MinuteClinic said it will become the nation’s first retail health clinic provider to implement the Ask Me 3 health literacy program. Plans call for MinuteClinic, a subsidiary of CVS Caremark Corp.
Amneal Enterprises LLC has expanded into the dermatology market with the addition of Quinnova Pharmaceuticals Inc. as an independent affiliate. Newtown, Pa.-based Quinnova joins the Amneal alliance of life science companies through its acquisition by AmDerma Pharmaceuticals LLC, Amneal said Monday.
Tom’s of Maine is encouraging mobile dental clinics nationwide to apply for $20,000 in program funding as part of its annual Dental Health For All program.
A new report by the Government Accountability Office (GAO) found that health care reform has made Medicaid pharmacy reimbursement levels more palatable for retail pharmacies.
Prestige Brands Holdings Inc. has entered into an agreement to acquire the assets associated with the Dramamine business in the United States from McNeil-PPC Inc. for $76 million.
Walgreen Co. has partnered with the Department of Health and Human Services (HHS) to offer $10 million of free flu shots in 15 markets nationwide to people who lack health insurance or have insufficient health coverage.
Leveraging social media, Procter & Gamble Co.’s Vicks DayQuil and NyQuil cold, cough and flu relief brands have launched a new Facebook contest dubbed the "Search for the Most Dedicated NFL Fan.
Richard Thome has joined Lansinoh Laboratories Inc. as chief operations officer.
It appears increasingly unlikely that former Walmart executive Hank Mullany will join CVS/pharmacy. In the wake of a decision by a Delaware judge to prevent, at least temporarily, Mullany from becoming president of the drug chain, sources close to parent company CVS Caremark Corp.
MinuteClinic has affiliated with St. Rose Dominican Hospitals in southern Nevada in a clinical alliance to enhance the health care services in the Las Vegas metropolitan area. The CVS Caremark Corp.
The National Association of Chain Drug Stores Foundation plans to contribute $1.5 million in grants to expand the availability of community pharmacy residency programs (CPRPs) for pharmacy graduates, which it said is the single-largest grant ever dedicated to community pharmacy residencies.
Cold and flu symptoms don’t deter many Americans from going to work, according to poll by Kraft Foods’ Halls cough drop brand.
The Cardinal Health Foundation and the Ohio State University College of Pharmacy have teamed up to launch the new GenerationRx Youth Toolkit, aimed at helping prevent prescription drug abuse by teens.
Despite declined revenue, Rite Aid Corp. narrowed its loss for its fiscal 2011 third quarter and came in ahead of Wall Street’s forecast. The drug store chain said Thursday that for the 13-week third quarter ended Nov. 27, sales fell 2.4% to $6.2 billion from $6.4 billion a year earlier. The
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.
