RAHWAY, N.J. — Merck and Caraway Therapeutics announced Tuesday that the companies have entered into a definitive agreement under which Merck, through a subsidiary, will acquire Caraway Therapeutics for a total potential consideration of up to $610 million, including an undisclosed upfront payment as well as contingent milestone payments. The upfront payment will be expensed
INDIANAPOLIS — iA recently announced that current president and chief operating officer, Tom Utech has been appointed the role of chief executive officer. Utech replaces Marvin Richardson, who is retiring after serving as the CEO since March 2020. Richardson, who is an industry leader within pharmacy automation and centralization, will continue to serve as a
The editors of Chain Drug Review recently spoke with Sima Delafraz, chief commercial officer at First Quality, on her company’s continued focus on and support for incontinence care. Q: How does First Quality’s experience in health care benefit your retail partners? DELAFRAZ: Health care is where we started more than 30 years ago, with a
GOODLETTSVILLE, Tenn.— Dollar General continues to grow their selection of top national brand toys and this week is offering a three day ‘DG Deal Days’ event that includes more than 2,000 toys priced at buy one, get one 75% off, as well as another 2,000 toys priced at buy one, get one 50% off. In
AUSTIN, Texas — The $16.8 billion skin care category is one of the fastest-growing across the beauty industry, according to exclusive data presented by Circana at the third annual Dermatology and Retail Alliance. Facial skin care drives sales in the mass market in both dollars and units at a time when gains in many categories
LAKELAND, Fla. — Publix chief executive officer Todd Jones will become executive chairman, effective January 1, the company said. On that date Kevin Murphy will be promoted from president to CEO, and senior vice president John Goff will be promoted to president. Current chairman Ed Crenshaw will remain on the board of directors as Chairman
NEW YORK — Deloitte has released its 2023 Black Friday Cyber Monday Survey today, which examines what retailers can expect from shoppers between Thanksgiving and Cyber Monday. Overall, holiday spending during the Thanksgiving week is expected to reach new highs as consumers look to make the most of festive deals. Key takeaways Consumers plan to spend an
PISCATAWAY, N.J. — Camber Pharmaceuticals announced the addition of bupropion HCl ER tablets, USP (SR) to its current portfolio. Bupropion HCl ER tablets, USP (SR) are an aminoketone antidepressant, indicated for the treatment of major depressive disorder. Bupropion HCl ER tablets, USP (SR) are available in 100 and 150 mg strengths in 60, 100 and
STERLING, Ill. – What does Jeffrey Dean Morgan have in common with men’s grooming leader Wahl? They can both deliver a perfectly executed line. This, along with the actor’s iconic beard, makes him the perfect partner to introduce Wahl’s latest innovation: the NEW Wahl PRO SERIES High Visibility Trimmer. While most men’s beards aren’t starring on the big screen, they
ARLINGTON, Va. – In honor of National Diabetes Month, the National Association of Chain Drug Stores (NACDS) is releasing a series of social posts showcasing NACDS member pharmacies as they highlight diabetes prevention and management efforts throughout November. Over 37 million Americans have been diagnosed with diabetes, and an additional 98 million Americans have pre-diabetes, as
PHILADELPHIA — Rite Aid has reportedly filed a lawsuit to stop the U.S. Department of Justice from proceeding with a lawsuit against the company over its alleged involvement in nation’s opioid crisis. The DOJ, which sued Rite Aid in March, agreed only to a “brief pause” of its lawsuit after Rite Aid filed for bankrupt
CLEVELAND — As the holiday spirit fills the halls of the historic Grand Central Terminal in New York City, AmericanGreetings.com is proud to help kick off the season of kindness and joy as the presenting sponsor of the 2023 Grand Central Terminal Holiday Fair for the second consecutive year. “As a global leader in the digital greetings
BETHESDA, Md. — Today, The Pharmacy Technician Society℠(TPTS), a national membership organization exclusively dedicated to further elevating pharmacy technician roles in patient care and recognizing their significant contributions to healthcare, launched its operations. Created by ASHP (American Society of Health-System Pharmacists), TPTS is a new organization led by and comprised of pharmacy technicians to provide
WASHINGTON – On Wednesday, November 15, National Association of Chain Drug Stores (NACDS) president and CEO Steven Anderson; NACDS senior vice president of Health and Wellness Strategy and Policy Sara Roszak; and NACDS director of Congressional Relations Whitney Jones; met with U.S. Senator Mike Braun (R, Ind.) to discuss efforts to leverage pharmacies and the
