Holiday retail sales rise for drug chains
Chain drug store holiday sales bettered last year’s results, with total dollar volume rising more than 4%.
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WBA scales back stake in China joint venture
Walgreens Boots Alliance (WBA) plans to reduce its interest in Guangzhou Pharmaceuticals Corp., a pharmaceutical wholesale joint venture in China. WBA said Friday that, under the agreement, it will sell a 30% stake in Guangzhou Pharmaceuticals to Guangzhou Baiyunshan Pharmaceutical Holdings.
McLane promotes Adzick to senior VP of sales
Susan Adzick has been promoted to senior vice president of sales and strategic relationships at McLane Co.
Lannett names Timothy Crew as CEO
Timothy Crew, former chief executive officer of Cipla North America, is joining Lannett Co. as CEO. Plans call for Crew to take the CEO reins at effective Jan. 2, Lannett said. He also is slated to be appointed as a board director after the company’s 2018 annual shareholders meeting.
Shoppers Drug Mart set to dispense medicinal cannabis
Shoppers Drug Mart is set to become a licensed dispenser of medicinal cannabis, pending approval from Health Canada, the Canadian government’s department of public health.
Canada’s pharmacists call for universal drug coverage
dubbed PharmAccord — that it said would enable governments to provide universal drug coverage to all Canadians, ensure
Albertsons sounds call for flu vaccination
Albertsons Cos. is highlighting no-appointment flu shots at its pharmacies in response to reports of heightened influenza activity in parts of the country.
Allergan COO to become Amneal CEO
Merger partners Amneal Pharmaceuticals LLC and Impax Laboratories Inc. have tabbed Robert Stewart, executive vice president and chief operating officer of Allergan plc, to lead the combined company. Plans call for Stewart to join Amneal as president effective Jan. 25.
Campbell plans to buy Snyder’s-Lance for $4.9 billion
Campbell Soup Co. has agreed to acquire snack maker Snyder’s-Lance in a deal valued at about $4.9 billion. Campbell said the $50-per-share agreement will further its efforts to grow its snack product portfolio, notably better-for-you snacking options.
CVS’ Helena Foulkes to speak at NRF ‘Big Show’
CVS Health’s Helena Foulkes has been tabbed as one of the keynote speakers at the National Retail Federation’s 2018 annual convention in Manhattan.
Bausch+Lomb releases Vyzulta
Bausch+Lomb has begun rolling out Vyzulta (latanoprostene bunod ophthalmic solution 0.024%) to U.S. pharmaceutical distributors. The Valeant Pharmaceuticals International subsidiary said Vyzulta is slated to become available to patients at pharmacies across the United States in the next few days.
Hershey to acquire Amplify Snack Brands for $1.6 billion
The Hershey Co. aims to add more better-for-you options to its snack lineup with a $1.6 billion deal to buy Skinny Pop maker Amplify Snack Brands Inc.
Colgate-Palmolive to buy PCA Skin, EltaMD
Colgate-Palmolive Co. plans to acquire professional skin care brands PCA Skin and EltaMD. Financial terms of the transactions weren’t disclosed.
P&G names Jimenez, Peltz to board after proxy fight
After a lengthy proxy battle, Procter & Gamble Co. has named Novartis chief executive officer Joseph Jimenez and activist investor Nelson Peltz as directors. Jimenez and Peltz, co-founder of Trian Fund Management, are slated to join the board on March 1.
Unilever unveils Love Beauty and Planet brand
Unilever has launched Love Beauty and Planet, a hair and skin care brand focused on eco-friendliness and sustainability, ranging from ingredients and formulas to product packaging, value chain and social partnerships.
Walgreens uses intelligent automation in HR
Walgreens worked with IBM and automation specialist Blue Prism to implement digital workforce capabilities for its human resources function. IBM said Walgreens is now using robotic processing automation (RPA) software from Austin, Texas-based Blue Prism to support its HR function.