PhRMA gathers scientists on Capitol Hill
The Pharmaceutical Research and Manufacturers of America (PhRMA) yesterday brought more than 60 researchers and scientists from its member companies to meet with congressional lawmakers.
Latest
Rite Aid reports declined 2Q earnings, retail sales
Despite an uptick in total sales, lower drug reimbursement rates and script count trimmed profits at Rite Aid Corp. for its fiscal 2017 second quarter. Rite Aid also said Thursday that it continues to expect its acquisition by Walgreens Boots Alliance (WBA) Inc., a $17.2 billion deal announced Oct.
Seth Meyers to headline NACDS Foundation Dinner
“Late Night” host and “Saturday Night Live” alumnus Seth Meyers is slated as the keynote speaker for the 2016 National Association of Chain Drug Stores Foundation Dinner. In its 18th year, the NACDS Foundation Dinner is scheduled for Dec. 1 in Manhattan.
KVK Tech weight-loss drug Lomaira approved
KVK Tech Inc. plans to release Lomaira tablets, a short-term, low-dose prescription medicine for weight loss, by the end of this month. KVK said Tuesday that Lomaira (phentermine hydrochloride 8-mg tablets CIV) gained approval from the Food and Drug Administration.
Survey: CVS, Walmart among most-trusted brands
CVS Pharmacy and Walmart are two of the nation’s most-trusted brands, according to a Reader’s Digest poll. The publisher’s second annual Trusted Brands Survey, in which Ipsos Connect conducted online interviews with more than 5,000 U.S.
Oxy Bump oxygen-infused sprays roll out to CVS
Oxy Bump Corp. has landed retail distribution for its line of oxygen-infused nasal congestion, allergy relief and sore throat relief sprays at CVS Pharmacy.
Familiprix loyalty plan delivers personalized experience
Canadian drug chain Familiprix has seen a strong launch for its FamiliPlus loyalty program, aided by a platform that makes the offering more relevant to customers.
Allergan announces pair of biopharma acquisitions
Chalk up three acquisitions for Allergan plc in less than a week. On Tuesday, Allergan said it plans to purchase clinical-stage biopharmaceutical company Tobira Therapeutics Inc. in an agreement valued at up to $1.695 billion.
CVS Health Downtown 5K draws thousands
in its 27th year — drew 6,500 registrants, including Olympian, elite and
U by Kotex expands Security Ultra Thin pad line
U by Kotex has rolled out two new products, Security Ultra Thin Pads Long and Security Ultra Thin Overnight Pads. The Kimberly-Clark feminine care brand said Tuesday that its latest offerings expand its line of “unique, colorful and bold” products to fit women’s “period needs.
Bartell Drugs sees big turnout for new store’s debut
Customers turned out in force for the grand opening of Bartell Drugs’ new store in Seattle’s Chinatown-International District.
GlaxoSmithKline tabs consumer health chief as CEO
Emma Walmsley has been named to succeed Sir Andrew Witty as chief executive officer of GlaxoSmithKline plc. The drug maker said Tuesday that Walmsley, CEO of GSK Consumer Healthcare, is slated to take the reins from Witty when he retires on March 31, 2017. Plans call for her to become a member of
Reports: More Kmart stores set to close
Kmart reportedly plans to close 64 more stores by later this year. Published reports said the stores slated to be shut are in 28 states and that parent company Sears Holdings Corp. had recently informed Kmart employees of the planned closures.
Walmart wraps up Jet.com acquisition
Walmart has finalized its $3.3 billion acquisition of e-tailer Jet.com. The discount store giant said late Monday that with the closing of the deal, which was announced in early August, Jet.
Unilever strikes deal to buy Seventh Generation
Consumer products giant Unilever plans to acquire eco-friendly household and personal care products maker Seventh Generation Inc. Financial terms of the agreement weren’t disclosed. Unilever said completion transaction is pending regulatory approvals. Unilever described Burlington, Vt.
Walgreens launches teledermatology service
Walgreens has launched an online skin care platform that includes a telehealth service for dermatological conditions. Available via Walgreens.