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Teva wraps up Cephalon acquisition

Teva Pharmaceutical Industries Ltd. has closed its acquisition of Cephalon Inc. Teva said that as of Friday, Cephalon became a wholly owned subsidiary of and ceased to be traded on Nasdaq. The two pharmaceutical companies unveiled the $6.8 billion deal this past spring.

Rexall supports digestive health app

Rexall has teamed up with the Canadian Digestive Health Foundation for the launch of Gi BodyGuard, a free mobile application to help consumers track their gastrointestinal health. The GI Bodyguard mobile app is described as a "digital diary for digestive health.

Walgreens offers free needle disposal system

For National Diabetes Month, Walgreen Co. and Novo Nordisk Inc. have partnered to provide a free needle disposal system for patients who self-inject. The companies said Monday that customers can buy the Sharps Compliance Complete Needle Collection & Disposal System at any Walgreens from Oct.

Rite Aid points Halloween shoppers to website

Rite Aid Corp. is offering shoppers an expanded selection of Halloween products online. The drug store chain said Monday that new this year, Rite Aid customers can choose from an additional 18,000 items available through RiteAid.com.

CVS kicks off gift card-with-purchase promo

CVS/pharmacy has launched a promotion in which loyalty card customers earn free gift cards by purchasing designated items. The drug store chain said Monday that under the promotion, which began Oct. 16 and runs to Dec.

With retirements, Eli Lilly promotes senior staff

Eli Lilly and Co. is promoting a trio of senior executives with the announcement that longtime company Bryce Carmine and Frank Deane plan to retire. The pharmaceutical company said this week that Carmine and Deane are slated to retire as of Dec. 31.

Rite Aid recognized for wellness+ rewards program

Rite Aid Corp.’s wellness+ customer rewards program has received its own reward: the Shopper Technology Institute’s 2011 LEADER Award. Rite Aid said Friday that it won the award, sponsored by IBM, in the loyalty category.

Beiersdorf sets CEO succession plan

Next spring, Beiersdorf AG will have a new chief executive officer at the helm. The supervisory board of the skin care and cosmetics manufacturer has named Stefan Heidenreich as the company’s next chief executive officer. Plans call for Heidenreich to take the reins as CEO on April 26, 2012.

Game-changer is emerging in community Rx

Game-changer is emerging in community Rx

It is almost six years since the beginning of Medicare Part D. But now, the development of a system to use quality-based payments for quality-based patient outcomes is coming closer to ­reality. Imagine a Medicare Advantage Plan that includes drug benefits (MAPD) with 1 million members.