Teva Pharmaceutical Industries Ltd. and Dr. Reddy’s Laboratories (NYSE: RDY) announced the commercial launch of olanzapine tablets, an antipsychotic medication. The companies said Tuesday that Teva’s olanzapine tablets in dosages of 2.5 mg, 5 mg, 7.5 mg, 10 mg and 15 mg and Dr.
As of next year, Kao Brands Co. will go under a new company name: Kao USA Inc. The company said Tuesday that the name change to Kao USA is effective Jan. 1, 2012, and reflect a larger repositioning effort by its parent, Kao Corp., a leading manufacturer of beauty care and household products
Rite Aid Corp. said it’s giving Medicare beneficiaries a "new choice" for affordable prescription drug coverage via a co-branded Part D plan with pharmacy benefit manager Envision Pharmaceutical Services.
Proposed reimbursement cuts have pharmacists in California ready to "flee" Medi-Cal, the state’s Medicaid program, according to the California Pharmacists Association (CPhA).
More than a dozen members of the House of Representatives have sent a letter to the Federal Trade Commission to note their misgivings about the proposed merger of pharmacy benefit managers Express Scripts Inc. and Medco Health Solutions Inc.
CVS Caremark Corp. has promoted three senior executives at its retail pharmacy subsidiary, all of whom now have expanded roles. The company said Monday that Judith Strauss Sansone has been named senior vice president of merchandising for CVS/pharmacy.
Sanofi has appointed David Meeker as chief executive officer of its biotechnology subsidiary Genzyme Corp. Plans call for Meeker to take the CEO reins at Genzyme on Nov. 1, Sanofi said Monday.
The Food and Drug Administration is recommending that health care professionals not use injector devices to administer flu vaccines.
After an international search that lasted seven months, Shoppers Drug Mart’s board announced that the company’s new president and chief executive officer will be a Canadian and from the pharmaceutical industry, though not himself a pharmacist. Domenic Pilla is to take office November 1.
Secretary of Health and Human Services Kathleen Sebelius drove home the point about the importance of getting a flu vaccination this season by receiving her annual shot at Walgreen Co.’s health and daily living pilot store in Chicago’s Chatham neighborhood earlier this month.
Rite Aid Corp. executives this month highlighted factors pointing to a continued turnaround at the chain, from loyalty program growth to lower-volume store improvements.
Walgreen Co. has taken the wraps off the previously announced realignment of its merchandising division. Joe Magnacca, the drug chain’s president for daily living products and solutions, outlined the personnel changes late last Friday.
Walgreen Co., CVS Caremark Corp. and Walmart are partnering with insurance companies on Medicare Part D prescription drug plans (PDPs). Walgreens and Walmart are partnering with Coventry Health Care Inc., while CVS has teamed with Aetna. Walmart also again has a plan with Humana.
Walgreen Co. has added two executives to its pharmacy, health and wellness division’s leadership team. Dr.
Bartell Drugs has unveiled a next-generation store concept at a renovated outlet in north Seattle.
Former CVS Caremark chief executive officer Tom Ryan has joined the private equity firm Advent International as an operating partner.
