Walgreens Boots Alliance (WBA) reported double-digit revenue growth for its fiscal 2016 second quarter, with adjusted earnings per share topping Wall Street’s consensus forecast. WBA said Tuesday that second-quarter sales climbed 13.6% to $30.18 billion from $26.57 billion a year earlier.
Former Walgreens finance executive Rick Hans has joined Fred’s Inc. as executive vice president and chief financial officer. Fred’s said late Monday that Hans fills the vacancy left when Jerry Shore, the retailer’s previous CFO, was promoted to chief executive officer in October 2014.
Aurobindo Pharma Ltd. has received final approval from the Food and Drug Administration for rivastigmine tartrate capsules, a dementia medication, in dosages of 1.5 mg, 3 mg, 4.5 mg and 6 mg. Aurobindo said Monday that its rivastigmine tartrate product (1.5 mg, 3 mg, 4.5 mg and 6 mg) is a generic
A new study from Walgreens Boots Alliance Inc. indicates that pharmacy interventions can lead to greater medication adherence and lower health care costs.
Tom Coughlin, a legendary retailing executive and former vice chairman of Walmart, died April 1 at the age of 66. According to a Reuters report, Coughlin had been in the intensive care unit of a hospital for several days.
Walgreens is partnering with OptumRx to create a new pharmacy benefit to meet consumers’ changing prescription drug needs and help employers, health plans and their members achieve better health outcomes and greater cost savings.
An answer to the commoditization of pharmacy has arrived here. “The Pharmacy of the Future,” highlighting pharmacists’ clinical knowledge and services, has been opened in northeastern Ohio by Ritzman Pharmacy.
At a time when the American political system and legislative process are, more often than not, characterized by gridlock, and the ongoing presidential campaign is riddled with examples of what are seemingly new lows in civilized discourse and rational debate, it’s refreshing to see moments when our
CVS Health has pledged to spend $50 million over the next five years on an initiative with the ambitious goal of helping to deliver the nation’s first tobacco-free generation. The initiative, called “Be the First,” represents a further broadening of CVS’ reach as a health care advocate.
Inflation in medication costs eased last year due to spending controls and fewer new blockbusters, although there are still numerous cases of sticker shock. Spending on prescription drugs rose 5.
Walgreens Boots Alliance Inc. (WBA) announced last month that it would donate $100,000 to the CDC Foundation toward its Zika virus education and prevention campaigns.
Benzer Pharmacy recently announced that it is introducing a franchise model that it says will revolutionize independent pharmacies. The retail pharmacy chain is inviting independents to unite under the Benzer brand.
The Senate has passed the Ensuring Patient Access and Effective Drug Enforcement Act of 2016 (S. 483), legislation that has the support of the National Association of Chain Drug Stores.
Marcus Osborne has been named vice president of health and wellness transformation at Walmart. Osborne, who had served as vice president of health and wellness payer relations, will report to George Riedl, the company’s senior vice president of health and wellness.
The Annual Meeting of the National Association of Chain Drug Stores is once again upon us, though the calendar year hasn’t yet budged beyond April. The significance of this annual meeting has nothing to do with the calendar, however.
Making the Right Bet Increases Odds of Winning New Product Success Is Elusive Launching new products is never a onestep process. CPG marketers begin with several, even dozens, of ideas that are vetted and tested with target consumers.
