WARREN, N.J. — GlaxoSmithKline said Thursday that it has closed a previously announced joint venture deal with Pfizer Inc. that will combine their respective consumer healthcare businesses. The move will create the world’s largest supplier of over-the-counter medications. The joint venture company will operate as GSK Consumer Healthcare. Pfizer owns a 32% equity stake in
A wide spectrum of merchandise from produce to home health care products in stores approaching 30,000 square feet has set Discount Drug Mart apart from the competition. The personalized service, caring pharmacy staff and convenient locations that complement the broad assortment have served the chain well for five decades.
SupplyHive is “fast, mobile and powered by AI [artificial intelligence],” according to Mike Anguiano, chief executive officer of SupplyHive. “We are not just collecting data, we are analyzing it for you. And telling you how the data predicts supplier risk. Or supplier excellence. Our typical client is up and running in a few weeks because we
TORONTO — Shoppers Drug Mart (SDM) is making shopping more convenient with the launch of home delivery services in partnership with Instacart. Customers across Ontario now have access to same-day delivery of groceries, everyday essentials and over-the-counter medications from approximately 60 SDM stores in the province. “For decades, Shoppers Drug Mart has been a destination
WOONSOCKET, R.I. — The executive team of CVS Health outlined a series of transformation initiatives at its 2019 Investor Day event last month, showing how the company plans to accelerate enterprise growth, simplify a consumer health system that is confusing and inconvenient, and position the company for long-term growth and increased shareholder value. The
WASHINGTON — Advocates of direct and indirect remuneration (DIR) fee reform are intensifying pressure on the White House to reverse the May rule that left the existing drug pricing system intact. In a letter sent early last month to President Trump, organizations representing a broad range of pharmacies and pharmacists said action by the administration,
PHILADELPHIA — The Emerson Group recently donated its time and money to the Philadelphia Ronald McDonald House (PRMH) and worked together (clients, colleagues and Emerson employees) to fill “WELCOME FAMILY drawstring bags” filled with generous donations from Emerson clients that included oral care and personal care items. They also included a personalized Welcome to RMH
WEST DES MOINES, Iowa — Hy-Vee Inc. in April reopened the 10 pharmacies it acquired in February from Weber & Judd, marking the end of that company’s 157-year history of dispensing drugs to customers in and around Rochester, Minn. Nine of the locations were rechristened Hy-Vee HealthMarket Rx; the 10th is now called Hy-Vee Pharmacy.
DEERFIELD, Ill. — Walgreens this month announced it will train some of its pharmacists and other employees in understanding risk factors and warning signs for mental health and addiction concerns as well as strategies for helping individuals in crisis and noncrisis situations. Walgreens said its participation in the Mental Health First Aid program will be
CHICAGO — Research from the University of Illinois at Chicago shows that when pharmacies close, people stop taking widely used heart medications — like statins, beta-blockers and oral anticoagulants — that have known cardiovascular and survival benefits. The researchers, led by UIC’s Dima Qato, reported that declines in adherence — including the complete discontinuation of
SEATTLE — Bartell Drugs has begun delivering prescription medicines to three Seattle neighborhoods via a partnership with Nimble Pharmacy Inc., one of a growing number of companies offering delivery capabilities to independent brick-and-mortar pharmacies. “We want our customers to have the choice of delivery or in-store pick-up,” notes Billy Chow, vice president of pharmacy at
WASHINGTON — Pharmacy organizations have decried the government’s refusal to reform direct and indirect remuneration (DIR) fees in its new drug pricing rule. “We are disappointed and frustrated that this final rule fails to finalize pharmacy DIR reform as proposed, to the detriment of seniors and community pharmacies,” said a statement from the National Association
WASHINGTON — The Consumer Healthcare Products Association (CHPA) awarded its Ivan D. Combe Lifetime Achievement Award Monday to longtime industry leader Tim Hayes. The annual award is the highest honor bestowed by the U.S. consumer healthcare industry recognizing the outstanding work and contributions of individuals whose actions have created a lasting impact on the people and
LINTHICUM, MD — CARE Pharmacies Cooperative Inc. has named Lionel Phillips and Dean Gruber to its 2019 Board of Directors. Both appointees have been recognized nationally for their continued contributions to community and retail pharmacy. “We are fortunate to add these two dynamic industry veterans to our leadership team”, said Mike Wysong, CEO of CARE Pharmacies.