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Industry mourns ECRM’s Bowlus

Charlie Bowlus is being remembered by chain drug and manufacturing executives as much for his disarming warmth and sincerity as for breaking new ground in retailer-supplier relations. Bowlus, founder and chief executive officer of ECRM, died this month of complications from emergency surgery.

Walgreens names successor to retiring general counsel

Dana Green, executive vice president, general counsel and corporate secretary at Walgreen Co., is retiring after 37 years with the company and is being replaced by Thomas Sabatino. Walgreens said Monday that Sabatino, who will have the same title, is slated to take over the post effective Sept. 12.

CVS Caremark ramps up share buybacks

As a share repurchase program begun last year winds down, CVS Caremark Corp. is planning another one twice as large. The company said Wednesday that its board has authorized up to $4 billion in buybacks of its common stock.

In uncertain times, pharmacy’s benefits stand out

As the leaders of community pharmacy gather in Boston for the National Association of Chain Drug Stores Pharmacy and Technology Conference, the profession continues to confront a number of unresolved issues that could have a direct bearing on its ability to provide accessible, affordable patient car

Unilever sells Alberto VO5, Rave brands

Unilever plans to sell rights to the Alberto VO5 and Rave hair care brands to private equity firm Brynwood Partners VI L.P. The consumer products giant said Wednesday that the divestiture is required by the U.S. Department of Justice in the wake of its $3.7 billion acquisition of the Alberto

Apricus antifungal drug cleared by FDA

NexMed USA, a subsidiary of Apricus Biosciences Inc., has been approved by the Food and Drug Administration to market Tolnaftate-D, the company’s first over-the-counter antifungal medication with its NexACT technology.

Skinvisible’s DermSafe hand sanitizer to launch in Canada

Skinvisible Pharmaceuticals Inc. next month plans to roll out its DermSafe antimicrobial hand sanitizer in Canada. The Las Vegas-based company said Thursday that DermSafe will be launched by Alto Pharmaceuticals in Canada on Sept. 1, in time for the back-to-school and flu seasons.

Express Scripts, Medco to merge

In one fell swoop, the pharmacy benefits market is changing in a big way. The $29.1 billion merger between Express Scripts Inc. and Medco Health Solutions Inc., the No. 2 and No.

Combination of PBMs draws fire from Rx groups

The proposed merger of pharmacy benefit managers Express Scripts and Medco Health Solutions is expected to face close scrutiny from antitrust regulators because the combined company would have leverage over about a third of U.S. prescriptions filled.