April 24, 2014
Expansion at Rexall has focused not only on the reach of its store base but also its retail concept, according to CEO Frank Scorpiniti.
The Canadian drug chain has pushed ahead with openings of new outlets and rollouts of its "healthy daily living" format and expects its store count to near the 500 mark by year-end.
"We design our stores to make it easy for customers to see and have easy access to the products that will make them feel good every day," Scorpiniti said.
The National Association of Chain Drug Stores has voiced its support for bills in the U.S. Senate and House of Representatives that would improve care for patients with chronic conditions in the Medicare program.
Fruth Pharmacy is a relatively small chain of 27 drug stores in West Virginia and Ohio. But it is a huge believer in the adoption of social media and other technology to use for the benefit of the front end and pharmacy.
Forty-nine congressmen have called on U.S. Health and Human Services Secretary Kathleen Sebelius to adopt a one-year transition period for states to implement the July 2014 average manufacturer price (AMP)-based federal upper limits (FULs) for Medicaid prescription drug reimbursement.
MinuteClinic has exceeded 20 million patient visits since opening the nation's first store-based clinic in 2000, parent company CVS Caremark Corp. announced.
In a major, three-part transaction, GlaxoSmithKline PLC is selling its oncology business to Novartis AG for $14.5 billion, Novartis is buying GSK's vaccine business for $5.25 billion and the two companies are combining their consumer health care businesses in a joint venture.
Pharmaca Integrative Pharmacy is gearing up again for more rapid growth after adding just two stores since 2012.
Medicine Shoppe is concentrating on pharmacy performance this year after having one of its best years for new stores in 2013, according to John Fiacco, vice president of Medicine Shoppe and Medicap Pharmacies at Cardinal Health Inc.
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Dr. Reddy's Laboratories has released fenofibrate capsules, a cholesterol-lowering medication, in the United States.
Allergan Inc. has enacted a shareholder rights plan in the wake of an unsolicited, $47 billion bid to acquire the company by Valeant Pharmaceuticals International Inc. and hedge fund Pershing Square Capital Management.
Energizer Personal Care, the makers of Banana Boat and Hawaiian Tropic sunscreens, and The Skin Cancer Foundation have launched the second year of a sun safety awareness campaign featuring LA Galaxy and Team USA soccer star Landon Donovan.
Nice-Pak Products Inc. and sister company Professional Disposables International Inc., one of the world's leading makers of premoistened wipes, completed the installation of a solar array atop the roof of its headquarters and manufacturing plant.
AsthmaMD, maker of the eponymous asthma management mobile application, has launched its first retail product, the AsthmaMD Peak Flow Meter.
Cetaphil is launching its first fully integrated consumer marketing campaign, dubbed "Gentle Power."
Valeant Pharmaceuticals International Inc. has made an unsolicited bid to acquire Allergan Inc. in a deal valued at about $47 billion.
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