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LEADING HEADLINES

Cardinal Health zeroes in on opioid abuse

Cardinal Health zeroes in on opioid abuse

DUBLIN, Ohio — Building on its efforts to fight the opioid abuse epidemic, Cardinal Health Inc. has launched an initiative targeting one of the nation’s hardest-hit areas. Called the Opioid Action Program, the pilot will provide frontline tools to help thwart opioid abuse and support first

Gretchen Carlson tabbed as NACDS Foundation Dinner speaker

Gretchen Carlson tabbed as NACDS Foundation Dinner speaker

ARLINGTON, Va. — News anchor and best-selling author Gretchen Carlson will speak at this month’s NACDS Foundation Dinner in New York City. The National Association of Chain Drug Stores said Wednesday that Carlson is known for her insights on the political climate, news of the

Walmart sees online sales boost in 3Q

Walmart sees online sales boost in 3Q

BENTONVILLE, Ark. — Walmart reported better-than-expected comparable store sales gains in the third quarter. Walmart’s third quarter also include a strong performance by its online business, with net e-commerce sales increasing 50% in the quarter. “We are pleased with the strong results in the quarter

Diplomat Pharmacy buys LDI for $595 million

Diplomat Pharmacy buys LDI for $595 million

FLINT, Mich. — Diplomat Pharmacy Inc. plans to acquire St. Louis-based pharmacy benefit manager LDI Integrated Pharmacy Services for in a $595 million cash and stock deal. The move marks the second PBM acquisition this month by Diplomat, the nation’s largest independent specialty pharmacy. On

Sales edge in up 3Q at Shoppers Drug Mart

Sales edge in up 3Q at Shoppers Drug Mart

BRAMPTON, Ontario — Led by the pharmacy, Shoppers Drug Mart saw sales climb as parent Loblaw Cos. reported financial results for the 2017 third quarter. Loblaw said Wednesday that for the 16 weeks ended Oct. 7, Shoppers Drug Mart totaled revenue of $3.751 billion (Canadian),

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RETAIL NEWS

Hy-Vee teams up with T-wolves, Lynx and Iowa Wolves

MINNEAPOLIS – Hy-Vee announced a new long-term partnership to become the official grocery, pharmacy and floral partner for the Minnesota Timberwolves, Minnesota Lynx and Iowa Wolves. “The Timberwolves, Lynx and Iowa Wolves have a passionate fan base that spans throughout the region and we are

PQA appoints new board members

ALEXANDRIA, Va. — The Pharmacy Quality Alliance (PQA) has named new members to its board of directors and approved its 2018 executive committee. Mary Ann Kliethermes, vice chair of ambulatory care and professor at the Midwestern University Chicago College of Pharmacy, will serve as PQA’s

Rite Aid names new western division senior VP

CAMP HILL, Pa. — Rob Mullins has been promoted to senior vice president of store operations of the western division, succeeding Bill Romine, who is retiring. Rite Aid said Tuesday that Mullins, previously divisional pharmacy vice president of the western division, will report to Derek

Lovell Drugs enlists Maricann to supply medicinal cannabis

TORONTO — Ontario pharmacy chain Lovell Drugs has signed a letter of intent with Maricann Group Inc. to be its exclusive supplier of medicinal cannabis. Under the planned four-year pact, the companies would work together to develop processes to facilitate the distribution and sale of

Hy-Vee acquires pair of telepharmacies in Iowa

WEST DES MOINES, Iowa — Hy-Vee Inc. has acquired two telepharmacy locations in Iowa and rebannered them as Hy-Vee Pharmacy. Financial terms weren’t disclosed. The food and drug retailer said Tuesday that the telepharmacies, formerly operated by TelePharm LLC, now part of Cardinal Health Inc.,

SUPPLIER NEWS

AstraZeneca cleared to market Fasenra biologic for asthma

WILMINGTON, Del. — AstraZeneca plans to release Fasenra, its newly approved biologic drug for severe asthma, to U.S. pharmacies in the coming weeks. Fasenra (benralizumab), approved this week by the Food and Drug Administration, is indicated for the add-on maintenance treatment of patients ages 12

Culturelle Baby probiotics line introduced

ROMWELL, Conn. — Culturelle is launching Culturelle Baby, a new line of probiotics formulated for children up to 24 months. The i-Health Inc. brand said Culturelle Baby is aimed at helping young children develop a healthy microbiome — the bacteria that live mainly inside the

SinfulColors debuts color cosmetics, signs Hudgens

NEW YORK — SinfulColors has delved into the color cosmetics market with the introduction of a new makeup collection and the signing of actress and singer Vanessa Hudgens as global color collaborator. The Revlon nail beauty brand said Thursday that the SinfulColors color cosmetics line

Higi backs redefined levels for high blood pressure

CHICAGO — Health screening kiosk maker higi SH LLC welcomed reduced standards for high blood pressure (BP) released this week by the American Heart Association (AHA) and the American College of Cardiology (ACC). Under the new guidelines, people with systolic BP readings of 130 mmHg

Cardinal Health sells China pharma business for $1.2 billion

DUBLIN, Ohio — Cardinal Health Inc. plans to sell its Cardinal Health China business to Shanghai Pharmaceuticals Holding Co. Ltd. for $1.2 billion. Cardinal said the agreement, announced late Tuesday, includes its pharmaceutical and medical products distribution business in China but not its other businesses