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Fred’s tabs McLane as a primary distributor

Fred’s tabs McLane as a primary distributor

Fred’s Inc. has entered a multiyear primary distribution contract with McLane Co. McLane said Thursday that the new agreement, which starts in October, will consolidate the efforts of 60-plus distributors serving Fred’s 651 discount and pharmacy stores.

FDA labeling changes target Rx misuse

FDA labeling changes target Rx misuse

Citing dangers from combined use, the Food and Drug Administration is requiring classwide changes to labeling for opioid analgesics, prescription opioid cough products and benzodiazepines, a group of central nervous system depressant drugs.

Express Scripts program caps drug costs for diabetes

Express Scripts program caps drug costs for diabetes

Express Scripts has unveiled a program designed to rein in drug spending for diabetes patients. The pharmacy benefit manager on Wednesday launched the Diabetes Care Value Program, which the company said improves pharmacy care and controls plan costs for people with diabetes.

Cardinal Health buys telepharmacy provider

Cardinal Health buys telepharmacy provider

Cardinal Health has quietly acquired TelePharm, an Iowa City, Iowa-based provider of telepharmacy services, according to published reports. Spokespeople for both companies told the Des Moines Register that the deal closed last month. Financial terms weren’t disclosed.

Target chief marketing officer exits to join Uber

Target chief marketing officer exits to join Uber

Target Corp. executive vice president and chief marketing officer Jeff Jones is leaving the company to join online car service company Uber. Target said Tuesday that Jones is leaving the company effective Sept. 9.

Greenstone adds Nitrostat authorized generic

Greenstone adds Nitrostat authorized generic

Greenstone LLC has introduced nitroglycerin sublingual tablets, a medication for chest pain. The Pfizer subsidiary said Monday that its product is an authorized generic version of Nitrostat and comes in dosages of 0.3 mg (100 count), 0.4 mg (100 count) and 0.6 mg (100 count).

Bloom succeeds Shore as CEO of Fred’s

Bloom succeeds Shore as CEO of Fred’s

Fred’s Inc. president and chief operating officer Michael Bloom has been named as chief executive officer, succeeding Jerry Shore, who is retiring. Bloom takes the CEO reins effective immediately, and plans call for Shore to retire from the company in February, Fred’s said Tuesday.