Shoppers Home Health Care, the home health care retail arm of Shoppers Drug Mart, is selling some assets of its lifts and elevating business to Prism Medical Ltd., a provider of mobility equipment and services.
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.
To help propel its rapid growth, Benzer Pharmacy has formally launched its franchise model to draw independent pharmacies to its brand.
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.
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.
Rite Aid Corp. has kicked off its 22nd annual Miracle Balloon campaign for Children’s Miracle Network Hospitals, a nonprofit group that raises funds for children’s hospitals.
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.
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.
London Drugs vice president of pharmacy John Tse said the chain is exploring the idea of selling legal marijuana through its 79 pharmacies in British Columbia, Alberta, Saskatchewan and Manitoba.
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.
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.
Diplomat Pharmacy has announced three promotions within the company’s executive leadership team. Atheer Kaddis has been appointed executive vice president of sales and strategic alignment, a position in which he coordinates Diplomat’s strategies within the business units.
The Supreme Court has ruled that health insurers do not have to share data, including information about how much they pay for medical claims, with state agencies. The 6-2 decision is seen as a blow to state government efforts to track health care costs within their jurisdictions.
CVS Health says that prescription drug trend for its pharmacy benefit management clients dropped to 5% in 2015 from a high of 11.8% in 2014. The trend drivers — including brand, specialty and generic price inflation — were similar to what was seen in 2014, but CVS Health asserts that its pharmacy
Pharmasave Ontario Ltd. is continuing its steady expansion. Part of the Pharmasave Drugs National Ltd. cooperative, Pharmasave Ontario plans to open seven new stores in the first quarter. Several other stores are slated for late spring openings.
The Chain Drug Marketing Association’s 90th annual Trade Expo was hailed by participants as one of the organization’s best. “CDMA continues to hit it out of the park,” said Lanny Doud, executive director of QualityCare Pharmacies.
