Drugstore.com tallied a double-digit increase in revenue for its fiscal 2010 first quarter, but earnings took a hit in part due to acquisition costs. The online retailer late Wednesday said sales for the first quarter ended April 4 jumped 20% to $118.3 million from $98.
Drugstore.com plans to sell its pharmacy business to BioScrip Inc., which then will become the pharmacy services provider for the online retailer’s customers. Under the agreement, announced late Wednesday, drugstore.com will sell its DS Pharmacy assets to BioScrip Pharmacy Services for $10.
A report by Internet compliance firms LegitScript and KnujOn has identified five Internet firms providing domain name registration services to so-called "rogue" Internet pharmacies that display fake pharmacy licenses or sell prescription drugs without a prescription.
With health care reform set to boost the number of patients, in-store clinics can play a pivotal role by providing a convenient and affordable outlet for services, according to CVS Caremark Corp. chief medical officer Troy Brennan.
Kathleen Jaeger, president and chief executive officer of the Generic Pharmaceutical Association (GPhA), plans to leave the generic drug industry trade group next month. GPhA chairman Paul Bisaro stated Tuesday that Jaeger’s resignation will be effective June 30.
Helped by the recently acquired Duane Reade stores, Walgreen Co. reported a healthy sales increase for April, although same-store sales dipped in the month. The drug store chain said Wednesday that April sales totaled $5.68 billion, up 5.9% from $5.36 billion a year earlier.
Mitchell-Vance Laboratories LLC has expanded its line of scar management products with ScarAway silicone scar sheets. Like the already marketed ScarAway 100%-silicone gel serum, the new sheets are said to shrink, flatten and fade hypertrophic and keloid scars.
Bausch & Lomb is rolling its new Soothe Xtra Hydration lubricant eye drops in the United States. The company said Tuesday that the product, for aqueous-deficient dry eye therapy, will be available at major retailers this month.
Fujifilm North America and Rite Aid have launched MyWayPhotoContest.com, a seasonal photo competition for novice and experienced photographers. Fujifilm said Tuesday that from now until June 26, visitors to the MyWayPhotoContest.
Better Health Beverage’s underWAY appetite-controlling beverage is now available at Bartell Drugs and USA Drug stores.
Retail and health care intelligence firm Catalina Marketing has purchased Invenda Corp.’s E-centives and Collabrys digital couponing businesses. Terms of the acquisition, announced Monday, weren’t disclosed.
MiddleBrook Pharmaceuticals Inc. is seeking Chapter 11 bankruptcy protection. The company said late Friday that it has filed a voluntary petition for relief under Chapter 11 in the United States Bankruptcy Court for the District of Delaware.
McNeil Consumer Healthcare has issued a voluntary recall of certain over-the-counter liquid medicines for infants and children, including Tylenol, Motrin, Zyrtec and Benadryl brand products.
Sandra Guckian has been appointed vice president of state government affairs at the National Association of Chain Drug Stores. Guckian’s appointment is effective immediately, NACDS said. Previously, she served as vice president and deputy director of state government affairs.
Despite the impact of a weak flu season and bad weather that curtailed consumer spending, revenue and earnings edged up in the fiscal 2010 first quarter at CVS Caremark Corp. The drug store chain and pharmacy benefit manager said Tuesday that total sales for the quarter ended March 31 were $23.
Walgreen Co. has named Cheryl Pegus as chief medical officer, which the company said is a newly created position. Pegus, 46, comes to Walgreens from SymCare Personalized Health Solutions, where she served as general manager and chief medical officer, the drug store chain said Tuesday.
