John Baumer, a partner with the private equity firm Leonard Green & Partners, has joined the Rite Aid Corp. board of directors. Rite Aid said Thursday that Baumer replaces Leonard Green managing partner Jon Sokoloff, who has resigned from the drug chain’s board.
CVS Caremark Corp. was selected as one of 20 finalists for the 2011 URAC Awards for Best Practices in Health Care Consumer Empowerment and Protection. CVS Caremark said Thursday that its Pharmacy Advisor program was chosen by a panel of judges out of entries from across the country.
A broad coalition of health care retailers, suppliers and organizations has called on Congress to repeal the requirement that prevents consumers from using flexible spending accounts (FSAs) to buy over-the-counter medicines without first getting a doctor’s prescription.
Marking the 125th anniversary of "two American icons," the Coca-Cola Foundation donated $1 million to support The Statue of Liberty-Ellis Island Foundation’s Peopling of America Center, a new initiative that will tell the story of the immigration experience in America.
Hi-Tech Pharmacal Co. has sold its Midlothian Laboratories division to Metrics Inc., a drug development company in North Carolina. Terms of the transaction weren’t disclosed.
Retail pharmacy groups applauded a pair of events that turned the spotlight on the importance of medication adherence to improving health care outcomes while scaling back costs.
Addressing shareholders for the first time as chief executive officer, Larry Merlo touted the growth potential of CVS Caremark Corp.’s integrated pharmacy business model at its Annual Meeting of Stockholders. Merlo said during the event Wednesday at CVS Caremark’s Woonsocket, R.I.
Unilever has completed its $3.7 billion deal to acquire Alberto Culver Co.
Nature’s Omega has begun distributing OmegaWater, its flavored water fortified with omega-3s, to Duane Reade drug stores in metropolitan New York. The Pittston, Pa.
Cobalis Corp. has begun airing 60-second television commercials for its PreHistin Allergy Defense Formula on major cable and satellite networks across the United States.
Over the coming months, Canadian mass merchandise chain Zellers plans to host on-site screening and educational programs for people living with or at risk for diabetes. The Hudson’s Bay Co.
Looking to enhance the customer experience, Walgreen Co. and Rite Aid Corp. are tinkering with store formats and services as well as envisioning new offerings.
Identigene has expanded retail distribution of its DNA Paternity Test Kit in New York to drug stores throughout the state. The company said Tuesday that the Identigene DNA Paternity Test Kit is now available more than 1,600 chain drug stores and independent pharmacies in New York.
Niche generic pharmaceutical maker Akorn Inc. aims to extend its reach into the consumer eye care space with its $26 million cash deal to buy Advanced Vision Research (AVR) Inc. Akorn said that with the acquisition, it plans to launch a new consumer health division to enter the $1.
Dick Buell, chairman and chief executive officer of Catalina Marketing Corp., is leaving the company. The shopper and patient marketing and research firm said Monday that George Off, Catalina’s co-founder and former CEO, has been named interim chief executive by the company’s board of directors.
Boehringer Ingelheim helped the Colon Cancer Alliance in its effort to raise public awareness of colon cancer with its sponsorship of the third annual Undy 5000 five-kilometer run in St. Louis. The event was the third of a dozen Undy 5000s that will be held nationwide this year.
