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Global consolidation rolls on in drug channel

Global consolidation rolls on in drug channel

McKesson’s deal to buy Ireland’s UDG Healthcare reflects the global consolidation of health care distribution, as drug wholesalers continue their drive for scale, especially in the realm of generic drugs, according to Fitch Ratings.

H.D. Smith announces passing of founder

H.D. Smith announces passing of founder

Henry Dale Smith Sr., founder and chairman emeritus of H.D. Smith, has died at age 87. The nation’s largest independent drug wholesaler said Monday that Smith passed away in Springfield, Ill., surrounded by family and loved ones. Smith founded H.D.

Little Remedies adds Advanced Colic Relief drops

Little Remedies adds Advanced Colic Relief drops

Little Remedies has expanded its infant health care lineup with Advanced Colic Relief drops. Prestige Brands Holdings Inc. said Thursday that Little Remedies Advanced Colic Relief drops are formulated with a unique mix of herbs to provide gentle relief for colicky babies.

Rite Aid gets 2Q sales boost from EnvisionRx

Rite Aid gets 2Q sales boost from EnvisionRx

Rite Aid Corp. saw revenue surge in its fiscal 2016 second quarter, its first including results for recently acquired pharmacy benefit manager EnvisionRx. Rite Aid said Thursday that sales for the second quarter ended Aug. 29 totaled $7.66 billion, up 17.5% from $6.52 billion a year earlier.

Camber adds Valtrex, Aricept generics

Camber adds Valtrex, Aricept generics

Camber Pharmaceuticals has expanded its generic drug portfolio with the rollout of valacyclovir and donepezil HCl tablets. The company said Wednesday that its valacyclovir product is a generic version of GlaxoSmithKline’s Valtrex, while its donepezil HCl product is a generic of Eisai Co.’s Aricept.

McNeil Consumer Healthcare becomes NCPDP Elite Partner

McNeil Consumer Healthcare becomes NCPDP Elite Partner

McNeil Consumer Healthcare has joined the National Council for Prescription Drug Programs (NCPDP) Elite Partner Program. NCPDP said Wednesday that the Elite Partner Program establishes the highest level of sustained support for the council’s efforts to advance patient safety and interoperability.

Familiprix gives banner a new look

Familiprix gives banner a new look

Quebec City-based drug chain Familiprix is rolling out a new banner. The company said late Tuesday that the updated logo marks its 35th year in business and better reflects its mission: professional services offered by pharmacist-owners committed to innovation and progress.