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Glenmark cleared to market Frova generic

Glenmark cleared to market Frova generic

Glenmark Pharmaceuticals USA has received approval from the Food and Drug Administration for frovatriptan succinate tablets 2.5 mg, a medication for migraine headaches. Glenmark said Monday that its product is a generic version of Frova tablets (2.5 mg) from Endo Pharmaceuticals Inc.

Ahold, Delhaize merger approved by shareholders

Ahold, Delhaize merger approved by shareholders

Shareholders of Koninklijke Ahold N.V. and Delhaize Group have voted to approve the proposed merger of the two retailers The global supermarket operators said Monday that the deal, pending regulatory approval, is expected to close later this year.

NACDS promotes IT director to VP

NACDS promotes IT director to VP

Vishal Bhatia has been promoted to vice president of information services and information services security officer at the National Association of Chain Drug Stores. NACDS said Monday that Bhatia, previously a director, will lead the association’s information services function.

McKesson adds Rexall Health to Canadian holdings

McKesson adds Rexall Health to Canadian holdings

McKesson Corp.’s $2.2 billion deal to acquire Rexall Health from Katz Group will strengthen the drug distributor’s position in Canada’s pharmaceutical supply chain. McKesson said the agreement is a natural next step for two companies that have worked together for over 20 years.

Satisfaction among shoppers is on the decline

Satisfaction among shoppers is on the decline

Two years removed from its all-time high, customer satisfaction with the retail sector — including drug chains — has fallen for a second consecutive year. Fourth quarter data from the American Customer Satisfaction Index (ACSI) show a slide of 2.6% to 74.8 on a 100-point scale.

Anti-drug abuse efforts advance

The National Association of Chain Drug Stores is urging the Senate to pass legislation that it says would spur collaboration among health and enforcement authorities for drug abuse solutions “that maintain patients’ legitimate access to medications” while fighting opioid abuse.

Anderson named top trade association CEO

National Association of Chain Drug Stores president and chief executive officer Steve Anderson has been selected as the 2016 Trade Association CEO of the Year by an independent panel of association leadership experts.