Endo International plc has completed its $8.05 billion acquisition of Par Pharmaceutical Holdings Inc. from leading global private investment firm TPG. Endo said Monday that with the closing of the deal, announced in May, its U.S.
A new chapter opened for Rite Aid Corp. in its fiscal 2016 second quarter, as the company began reporting financial results under a new structure that incorporates recently acquired pharmacy benefit manager (PBM) EnvisionRx.
Rite Aid Corp. trimmed its full-year earnings guidance to reflect pharmacy margin pressure and lower expectations for same-store sales. The company also pruned its revenue forecast.
Chain drug executives Helena Foulkes and Ornella Barra are among the “Most Powerful Women” in business listed by Fortune magazine. Foulkes, president of CVS/pharmacy, was ranked 14th on the list of 51 women in the U.S.
Supporters of the Patient Protection and Affordable Care Act (ACA) hailed a recent Census Bureau report that the percentage of people without health insurance coverage declined by 2.9 percentage points last year, from 13.3% to 10.4%. That’s a reduction of 8.
The Food and Drug Administration’s current deputy commissioner for medical products and tobacco is likely to become the organization’s next commissioner. Dr.
Ulta Beauty’s chief executive officer, Mary Dillon, has more to celebrate than the company’s 25th birthday. The company is growing at a rate enviable in retailing today, and it is on virtually every beauty care brand’s wish list.
The National Association of Chain Drug Stores (NACDS) announced a pair of personnel moves this month, including the appointment of Jason Ausili as director, pharmacy affairs, effective September 28.
The Neighbourhood Pharmacy Association of Canada (Neighbourhood Pharmacies) announced earlier this month significant improvements to its annual events program, as well as event highlights.
McKesson Corp. and Albertsons Cos. announced the signing of a five-year distribution agreement to include the sourcing and distribution of both branded and generic pharmaceuticals.
A CVS Health Research Institute review of pharmacy claims for more than 200,000 patients found an association between narrow pharmacy networks and improved medication adherence.
An examination of data on more than 1.5 million Medicaid enrollees found that when prescription drugs are taken appropriately as prescribed by a physician there is a reduction of other medical costs for certain Medicaid populations.
Jack Robinson, who was the founder, chairman and chief executive officer of Perry Drug Stores, died earlier this month. He was 85. Robinson founded Perry in 1957, when he opened his first store in Pontiac, Mich.
Health Mart is launching a national radio and digital advertising campaign to attract more patients to its drug stores. The McKesson Corp.
George Paz will retire as Express Scripts Holding Co.’s chief executive officer in May, making way for president Tim Wentworth to take over, the company said earlier this month. Paz, 60, has been CEO at Express Scripts for a decade.
McKesson Corp. has agreed to purchase the pharmaceutical distribution division of Dublin, Ireland-based UDG Healthcare PLC for about $466 million.
