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Mylan raises bid, Perrigo again rejects

Mylan N.V. has upped its offer to acquire Perrigo Co. plc but received the same response: no. On Wednesday, Mylan announced an increased bid in which Perrigo shareholders would receive $75 in cash and 2.3 Mylan ordinary shares for each Perrigo ordinary share, a deal valued at more than $35 billion.

CVS, Rite Aid stores damaged in Baltimore riots

CVS Health and Rite Aid Corp. have closed stores in Baltimore that were damaged in the city’s ongoing riots. A CVS spokeswoman said Wednesday that two CVS/pharmacy stores sustained heavy damage from the rioting and have been closed, and no employees or customers were harmed.

Shoppers Drug Mart beauty events to support women with cancer

This weekend, Shoppers Drug Mart stores in Canada’s Prairie and Atlantic provinces are slated to host in-store Spring Beauty Gala events to support Look Good Feel Better, a charity that helps women manage the effects that cancer and its treatment have on their appearance.

Sales at Jean Coutu rise in 4Q, full year

Sales at Jean Coutu rise in 4Q, full year

The Jean Coutu Group reported increased corporate and retail store sales for its fiscal 2015 fourth quarter and full year but saw net income dip in both periods. The Canadian drug chain said Wednesday that for the fourth quarter ended Feb. 28, sales in its franchised store network total $1.

NCPA backs change to TRICARE preferred pharmacy program

The National Community Pharmacists Association has endorsed an amendment from Reps. Austin Scott (R-Ga.) and Rick Larsen (D., Wash.) that aims to improve pharmacy access in a preferred pharmacy pilot program by TRICARE, the U.S. military’s health benefits plan.

Wasson honored by NACDS with Fantle Award

Wasson honored by NACDS with Fantle Award

Former Walgreen Co. president and chief executive officer Greg Wasson received the Sheldon W. Fantle Lifetime Achievement Award, the chain drug industry’s top honor, from the National Association of Chain Drug Stores last night at the NACDS Annual Meeting.