Robust front-end business, boosted by a later Easter holiday this year, drove a rise in comparable-store sales at Walgreen Co. in April. Walgreens said Wednesday that same-store sales (excluding Duane Reade) rose 3.4% in April. Calendar day shifts negatively impacted total comp-store sales by 1.
The new chairman of the National Association of Chain Drug Stores sees a "new normal" in terms of the level of value the retail pharmacy trade group provides its members. In his inaugural remarks as the new chairman Tuesday at the 2011 NACDS Annual Meeting in Scottsdale, Ariz.
Boehringer Ingelheim Pharmaceuticals Inc. and Eli Lilly and Co. have been cleared by the Food and Drug Administration to market Tradjenta tablets, a treatment for type 2 diabetes.
Perrigo Co. has received final approval from the Food and Drug Administration for its abbreviated new drug application for over-the-counter minoxidil foam, a generic version of Men’s Rogaine Foam. Perrigo said Monday that it had been sued for patent infringement by Stiefel Research Australia Pty.
Pfizer Inc.’s Centrum multivitamins brand has partnered with celebrity personal trainer, Harley Pasternak to get Americans in "the best shape of their lives.
Howard McLure, former president of CVS Caremark Corp.’s pharmacy benefit management unit, has been named chairman of change:healthcare inc. and is slated to become the health care cost transparency firm’s chief executive officer.
Pharmacy services revenue climbed by double digits in the 2011 first quarter at BioScrip Inc. BioScrip said Tuesday that for the first quarter ended March 31, pharmacy services sales — which account for about three-quarters of the company’s overall revenue — came in at $328.8 million, up 13.
CVS Caremark Corp. has relaunched its Caremark.com website to enhance the online experience for its pharmacy benefit management members. The drug store and pharmacy services company said Tuesday that the updated Caremark.
Walgreen Co. is donating $100,000 to the American Red Cross in response to the deadly storms and tornadoes that recently hit the Southeast. The drug store chain said late Monday that the donation will help meet the immediate needs of individuals and families in affected communities.
At its 2011 Annual Meeting, the National Association of Chain Drug Stores announced new officers for 2011-2012, two new Executive Committee members and four new Board of Directors members. New NACDS chairman Bob Loeffler (l.) with former association chair Larry Merlo (r.).
Later this month Sam’s Club is slated to give free DermaScan skin tests to the first 100 people who sign up at each store. The Walmart warehouse club subsidiary said Monday that the screenings, conducted by U.S. Wellness, will be available to members and nonmembers.
Drug stores have been the most successful location for retail health clinics, a report by health care market research firm Kalorama Information finds.
La Roche-Posay has launched its second "SOS – Save Our Skin" campaign, which aims to inform Americans about the dangers of ultraviolet rays and the importance of sun safety and get them to take action. The company said Monday that in its first year, the SOS – Save Our Skin online campaign
Watson Pharmaceuticals Inc. has released the Generess Fe birth control pill in the United States and begun shipping an authorized generic version of the attention deficit hyperactivity disorder (ADHD) drug Concerta. The company said Monday that Generess Fe 0.
Teva Pharmaceutical Industries Ltd. plans to acquire Cephalon Inc. in a $6.8 billion cash deal. The pharmaceutical companies said Monday that the $81.50-per-share acquisition agreement, pending regulatory and shareholder approvals, is expected to close in the third quarter.
Walgreen Co. has begun offering tests for total cholesterol and HDL (high-density lipoprotein), blood glucose and A1C daily at more than 1,400 of its pharmacies in 33 states and the District of Columbia.
