CVS Caremark Corp. is set to close its acquisition of the Medicare Part D business of Universal American, a leading Medicare prescription drug plan sponsor. Plans call for the $1.25 billion deal to be completed on April 29, CVS Caremark said Thursday.
Walgreen Co. plans to acquire Carle RxExpress pharmacies from The Carle Foundation, a health care system in central Illinois. Financial terms of the deal weren’t disclosed.
PepsiCo has unveiled its Social Vending System, a networked beverage vending machine with interactive touch-screen technology that the company said allows consumers "to better connect with PepsiCo brands" at the point of purchase.
Children’s AccuDial, a line of over-the-counter pediatric medicines from AccuDial Pharmaceutical Inc., has been named a 2011 Edison Awards winner. AccuDial said Wednesday that its product line won gold in the Consumer Packaged Goods segment, one of 12 categories honored by the Edison Awards.
Tom Long has been appointed chief executive officer of MillerCoors, whose current CEO, Leo Kiely, is slated to retire in the coming weeks. The company, a U.S. joint venture of SABMiller plc and Molson Coors Brewing Co.
Robust front-end sales growth helped lift first-quarter revenue at Shoppers Drug Mart Corp. despite a dip in pharmacy business. Also, the Canadian drug store chain has named a new chairman and announced changes in its board of directors.
Procter & Gamble Co.’s Pantene hair care brand has begun producing new shampoo and conditioner bottles made primarily from plant-based plastic.
Lipton Iced Tea is launching 100% Natural Lipton Iced Tea, a new line of beverages with a simple, all-natural ingredient list. The Pepsi Lipton Tea Partnership said Tuesday that 100% Natural Lipton Iced Tea will be available in four flavors — Green Tea with Citrus, Iced Tea with Lemon, Iced Tea with
Watson Pharmaceuticals Inc.’s Crinone 8% progesterone gel is now included in New Life Agency Inc.’s Fertility Pharmacy Care Card program, which provides prescription drug discounts to fertility patients through Walgreens Specialty Pharmacy.
Rite Aid Corp. saw its same-store sales climb back on the upside in April. The drug store chain said Wednesday that for the four weeks ended April 23, comparable-store sales inched up 0.5% versus a year earlier. In March, the retailer had seen same-store results dip 0.1% after gains of 1%
Though facing some challenges, the market for retail health clinics has grown overall and is poised to become a "durable part" of the nation’s health care system, according to a new report by health care market researcher Kalorama Information.
Schick is introducing its new Quattro for Women Disposable Razor handle scented with Skintimate Signature Scent Raspberry Rain through the Shower Your Senses mobile tour.
Canada Health Infoway has formed a working group of clinicians to help further the adoption of electronic prescribing.
Mylan Pharmaceuticals Inc. has begun shipping letrozole tablets 2.5 mg, a treatment for postmenopausal women with early-stage breast cancer. Parent company Mylan Inc. said Monday that it launched the product under a previously announced settlement and license agreement with Novartis.
Three high-profile speakers headline the National Association of Chain Drug Stores’ agenda at the 2011 NACDS Annual Meeting, which kicks off this weekend in Scottsdale. Ariz.
Distributors of specialty pharmaceuticals save the health care industry billions of dollars annually via efficient, extensive measures to ensure their safe delivery, according to new research from the Healthcare Distribution Management Association (HDMA).
