Gains in the pharmacy and front end lifted same-store sales at Rite Aid Corp. for April. The drug chain said Thursday that for the four weeks ended April 28, comparable-store sales rose 2.9%, down from the 3.6% comp-store sales increase in March but continuing a string of monthly gains over the
Sandoz, the generic drug subsidiary of Novartis, plans to buy Fougera Pharmaceuticals in a cash deal of about $1.53 billion. Novartis said late Wednesday that, pending regulatory approvals, it expects to finalize the transaction in the second half of this year.
Sanofi has announced the U.S. launch of the iBGStar Blood Glucose Monitoring System, which the company said is the first Food and Drug Administration-approved blood glucose meter that connects directly to the Apple iPhone and iPod touch.
Procter & Gamble Co. has unveiled Pepto-Bismol To-Go, a more portable version of its venerable stomach remedy.
CVS Caremark Corp. posted sharp revenue and same-store sales gains for the first quarter as its retail pharmacy business reaped the benefits of the contract impasse between rivals Walgreen Co. and Express Scripts Inc.
Walgreen Co. has boosted vaccine availability in Massachusetts with new state regulations that permit pharmacists to administer a broad range of immunizations.
Mylan Inc. has begun shipping doxycycline hyclate delayed-release tablets (150 mg), an oral antibiotic, after a favorable ruling in a patent infringement lawsuit brought by Warner Chilcott.
AmerisourceBergen Corp. has closed its $520 million cash deal to buy World Courier Group Inc. The pharmaceutical distributor said Tuesday that the acquisition is expected to be neutral to its fiscal 2012 earnings and accretive in fiscal 2013.
H.J. Heinz Co. has made Heinz Ketchup Blended with Balsamic Vinegar a full-time member of its product family. Heinz Ketchup Blended with Balsamic Vinegar was offered as a limited edition last fall.
Colgate-Palmolive Co.’s Speed Stick Power brand has teamed up with television star Danny Pudi for a campaign called "How Do You #HANDLEIT?" on social media site Twitter.
CVS/pharmacy has rolled out an updated mobile application that enables shoppers to digitally store their ExtraCare loyalty card in a smartphone. The drug store chain said Tuesday that the upgraded mobile app eliminates the need for customers to carry their ExtraCare card when shopping.
Mylan Inc. has entered into an agreement with Teva that settles pending patent litigation related to Nuvigil (armodafinil), a medication for sleep disorders.
Kimberly-Clark Corp. has launched the new U by Kotex Sleek Tampons and U by Kotex CleanWear Pads in retail outlets nationwide. The company said Monday that these latest additions to the U by Kotex feminine care line provide solid protection and performance through innovative designs.
Retail clinics and big-name medical centers are set for a growth surge, industry experts said at the American Telemedicine Association’s annual meeting here this week.
though invariably for different reasons each year. Last year it was notable for, among other things, the final appearance of both Tom Ryan and Mary Sammons, the outgoing CEOs of CVS Caremark and Rite Aid,
Warner Chilcott’s board of directors has confirmed that it’s exploring a sale of the company.
