AmerisourceBergen Corp. plans to acquire fellow pharmaceutical distributor H.D. Smith for $815 million in cash. The companies said late Monday that the transaction, pending regulatory review and other closing conditions, is expected to close in early 2018. Springfield, Ill.-based H. D.
PharmaSmart International Inc. welcomed new guidelines updating the definition of hypertension and stressing the use of validated devices for measuring blood pressure.
Next year, Kaleo plans to release Auvi-Q 0.1 mg, a version of its epinephrine auto-injector for infants and small children. Kaleo said Monday that the Food and Drug Administration has approved its supplemental New Drug Application (sNDA) for Auvi-Q 0.
A deal for CVS Health to acquire Aetna Inc. could happen by the end of the month, published reports say. Citing anonymous sources, The Wall Street Journal reported Monday that CVS was nearing a $66 billion agreement to buy the health insurer, according to reports.
U.S. Surgeon General Jerome Adams, M.D., and Sen. Sheldon Whitehouse (D., R.I.) hailed CVS Health’s efforts to cut tobacco use in a recent hearing of the Senate Health, Education, Labor and Pensions (HELP) Committee.
NACDS president and CEO Steve Anderson co-authored an article appearing in Morning Consult that highlights the role of pharmacy in public health.
Mike Kaufmann has been named chief executive officer of Cardinal Health Inc., effective January 1. The 54-year-old Kaufmann, Cardinal’s chief financial officer, will succeed George Barrett.
Walgreens Boots Alliance Inc. (WBA) has promoted Richard Ashworth to president of operations at Walgreens, a newly created position.
Pharmacy can be key to thwarting opioid abuse, National Association of Chain Drug Stores president and chief executive officer Steve Anderson told a government summit on the opioid crisis.
CVS Pharmacy will launch next-day prescription delivery nationwide in early 2018. As part of the CVS next-day prescription delivery rollout, same-day delivery will be available in selected cities, with the service beginning in New York next month.
McKesson Corp. has agreed to buy RxCrossroads, a provider of tailored services to pharmaceutical and biotechnology manufacturers, from CVS Health. The deal, expected to close early next year, is valued at $735 million, or about $635 million net of the present value of incremental cash tax benefits.
Kmart Pharmacy has partnered with the Alzheimer’s Foundation of America (AFA) to offer free memory screenings. During November, which is Alzheimer’s Awareness Month and National Memory Screening Month, all Kmart Pharmacy U.S.
Robyn Peters has joined Diplomat Pharmacy in the role of executive vice president of sales and payor strategies. Peters, most recently vice president of market access and reimbursement at Biogen Inc.
New categories can develop when product innovation meets a consumer’s unmet need in a way that no existing category has provided. Retailers that adopt a new category or subcategory early can gain an edge over their competitors. Emerging retail categories disrupt and change the retail market.
Rite Aid Corp. has announced major changes in its executive ranks, following the announcement of the retirements of Tony Montini, executive vice president of merchandising and distribution, and Bill Bergin, group vice president of health and beauty.
