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CVS Health tallies 2Q sales, earnings gains

CVS Health tallies 2Q sales, earnings gains

CVS Health saw sales climb in the second quarter and posted adjusted earnings per share in line with Wall Street’s forecast, despite the impact of costs from its pending Omnicare and Target pharmacy acquisitions. CVS said Tuesday that for the three months ended June 30, total sales rose 7.4% to $37.

Rite Aid names Martindale as CEO of stores

Rite Aid names Martindale as CEO of stores

In a reorganization of key leadership, Rite Aid Corp. has promoted president and chief operating officer Ken Martindale to the newly created position of chief executive officer of Rite Aid stores.

DenTek launches e-commerce website

DenTek launches e-commerce website

DenTek has gone live with a new branded website featuring full e-commerce capabilities. The oral care brand said Monday that DenTek.com now provides oral care product information and tips plus the ability for consumers to buy items directly through the site.

Pfizer to buy U.S. rights for potential MS generic drug

Pfizer to buy U.S. rights for potential MS generic drug

Pfizer Inc. has entered into an agreement with Synthon to acquire the exclusive U.S. commercialization rights for glatiramer acetate, a potential generic version of Teva Pharmaceuticals’ Copaxone for the treatment of relapsing remitting multiple sclerosis (RRMS).

Benzer Pharmacy serves up Rx compliance packaging

Benzer Pharmacy serves up Rx compliance packaging

Benzer Pharmacy has begun offering free med-pack preparations to customers struggling to remember to take all their medications and keep them organized. The regional drug chain said Monday that the solution employs the Dispill cold-sealed, multidose packaging system from Dispill-USA Inc.

AmerisourceBergen unveils new GNP support network

AmerisourceBergen unveils new GNP support network

At its ThoughtSpot 2015 conference, which ended this weekend, AmerisourceBergen Corp. introduced a range of new capabilities for its Pharmacy Services Administration Organization that will bolster support of its Good Neighbor Pharmacy independent pharmacy network.

Hikma to buy Roxane for $2.65 billion

Hikma to buy Roxane for $2.65 billion

Hikma Pharmaceuticals PLC, a fast growing multinational pharmaceutical group, plans to acquire Roxane Laboratories from Boehringer Ingelheim in a deal valued at $2.65 billion. Hikma said the agreement stands to transform its position in the U.S.

Same-store sales edge up in July at Rite Aid

Same-store sales edge up in July at Rite Aid

Comparable pharmacy sales growth more than offset flat front-end results to lift Rite Aid Corp.’s same-store sales for July. Rite Aid said Thursday that for the four weeks ended July 25, comparable-store sales rose 2.4% year over year, matching the comp-store growth posted in June.

CVS, IBM team up to improve patient care

CVS, IBM team up to improve patient care

CVS Health and IBM are pooling their expertise in predictive analytics and leveraging the information technology giant’s Watson cognitive computing platform to improve care management for patients with chronic diseases.

Rite Aid Health Alliance adds new care partner

Rite Aid Health Alliance adds new care partner

Reliance ACO, an accountable care organization in southeastern Michigan, has joined the Rite Aid Health Alliance team-based care initiative. Rite Aid Corp. said Wednesday that Reliance ACO is the eighth health provider partner in the Rite Aid Health Alliance, announced in March 2014.