AmerisourceBergen Corp. plans to sell AndersonBrecon, its contract packaging business, to an investor group led by Frazier Healthcare in a $308 million cash deal. The agreement, announced Tuesday, marks the second divestiture by AmerisourceBergen within less than a week.
MinuteClinic has entered into a clinical affiliation with Sharp HealthCare, one of Southern California’s largest integrated health systems.
Walgreen Co. has expanded its renewable energy initiative to Colorado with SolarCity, a provider of clean energy. SolarCity said Monday that over the coming months, it plans to deploy solar systems at 22 Walgreens drug stores in 14 cities in Colorado.
Former Johnson & Johnson chairman and chief executive officer William Weldon has been named to the CVS Caremark Corp. board of directors. In an 8-K filing with the Securities and Exchange Commission on Friday, CVS said its board has elected Weldon to serve as a director.
AmerisourceBergen Corp. has agreed to sell its Canadian pharmaceutical distribution business to Kohl & Frisch Ltd., a Canadian-owned national full-line distributor. AmerisourceBergen said Thursday that the estimated sale price for AmerisourceBergen Canada Corp.
Prescription drug prices can vary significantly between pharmacy operators, a comparison by Consumer Reports finds.
Shoppers Drug Mart Corp. has partnered with insurer Great-West Life to provide a pair of new chronic disease management programs.
Rexall has entered an agreement with News Marketing Canada to provide instant, print-at-home online coupons on its website. Under the deal, announced Tuesday, Rexall’s website will feature coupons from News Marketing Canada’s SmartSource.
Rite Aid Corp. is raising money for Children’s Miracle Network Hospitals via a promotional tie-in with "Epic," an upcoming animated children’s movie from 20th Century Fox Films.
CVS/pharmacy is giving customers access to a three-dimensional, "virtual" store via a new application for the Apple iPad.
Walgreen Co. this weekend unveiled another flagship store location, this time in the biggest spot in the Big Apple. On Saturday, Walgreens officially opened the doors to its store in Empire State Building, New York City’s tallest building.
Supervalu Inc. opened for business today as what it called "a more efficient wholesale and retail company" with the closing of a deal to sell five of its supermarket chains.
A group of congressmen have asked the Centers for Medicare & Medicaid Services (CMS) to take a closer look at the impact of "preferred pharmacy" drug benefit plans for Medicare Part D.
Leonard S. "Sam" Skaggs Jr., former chairman and chief executive officer of food and drug retail giant American Stores Co., died yesterday at age 89.
Walgreen Co. officials took part in a grand opening ceremony for the drug chain’s latest flagship location, in Washington, D.C.
