FRANKLIN LAKES, N.J., and SAN DIEGO — Medical equipment, supply and technology company BD plans to buy CareFusion for $12.2 billion in cash and stock, a deal that the companies said will create a global leader in medication management and patient safety solutions. Announcing the acquisition agreement on Sunday, BD and CareFusion said the combined
ENGLEWOOD, Colo. — Walgreens and Duane Reade drug stores nationwide are providing international and domestic money transfer services through a new stage-and-pay kiosk model from Western Union. The payment services company said Wednesday that the transfers, offered via the Walgreens Balance Financial platform launched last fall, enable customers to send or receive money at more
NEW YORK — Vita Coco has enlisted a roster of professional athletes to serve as brand spokesmen in its new "Drafted by Nature" national marketing campaign. The coconut water beverage brand said Wednesday that the campaign, launched in September and running through the end of 2014, features pro baseball, football and basketball players. They include
PRINCETON, N.J. — Ranbaxy Laboratories Inc. has launched 25-mg and 35-mg capsules for Absorica (isotretinoin), an acne medication, in the U.S. market. Ranbaxy said Wednesday that Absorica has become the most-prescribed branded oral isotretinoin in the United States, according to a recent independent survey conducted with dermatologists. The product, for patients ages 12 and older,
WOONSOCKET, R.I. — CVS Health is saying thanks to its 26,000 pharmacists during October’s American Pharmacists Month for their dedication to serving patients in the company’s retail pharmacies, mail service pharmacies and specialty pharmacies nationwide. CVS said Wednesday that it also will celebrate National Pharmacy Technician Day on Oct. 22 to recognize its more than
ST. LOUIS — Express Scripts announced that Walgreen Co. is participating as a preferred pharmacy provider in its two nationally available Medicare Part D prescription drug plans (PDPs) for 2015. The pharmacy benefit manager (PBM) said Wednesday that Medicare beneficiaries enrolling in Express Scripts Medicare Value or Choice plans for 2015 can save significantly —
CAMP HILL, Pa. — For American Pharmacists Month in October, Rite Aid Corp. has added video voting for its national Vote for Your Favorite Pharmacy Team Member Contest. Rite Aid said Wednesday that through Oct. 31, customers can upload a video nomination at RiteAid.com/vote as well as vote for their favorite pharmacy team member by
FREMONT, Calif. — Salutron Inc., a maker of heart rate monitoring devices and biosensing wearables, has introduced a new line of life trackers to its portfolio, starting with the LifeTrak Brite R450. Salutron said Tuesday that the Brite R450 marks the first-ever wearable life tracker that offers smart notifications, light exposure monitoring, advanced sleep tracking
NEW BRUNSWICK, N.J. — Johnson & Johnson plans to buy Alios BioPharma Inc., a clinical-stage biopharmaceutical company focused on developing therapies for viral diseases, for $1.75 billion in cash. J&J said Tuesday that the acquisition will bolster its current pipeline for viral diseases. The agreement will bring Alios’ portfolio of potential therapeutics for viral infections,
ATLANTA — By popular demand, Sprite has brought back its Sprite Cranberry and Sprite Cranberry Zero flavors as it heads into the holiday season. The Coca-Cola Co. soft drink brand said Monday that Sprite Cranberry and Sprite Cranberry Zero, launched last year for a limited time, began rolling out late this month and will be
ARLINGTON, Va. — Ted Scherr, president and chief executive officer of pharmaceutical and health care products wholesaler Dakota Drug Inc., has been elected as chairman of the Healthcare Distribution Management Association (HDMA). HDMA said Tuesday that Scherr takes the reins from David Neu, president of AmerisourceBergen Drug Corp., who has served as HDMA chairman since October
DEERFIELD, Ill. — Adjusted earnings at Walgreen Co. were in line with Wall Street’s forecast for the fiscal 2014 fourth quarter and full year, with the drug chain seeing robust sales gains in both periods. For the fourth quarter, however, Walgreens reported a net loss, according to generally accepted accounting principles (GAAP), because of a
DUBLIN, Ireland — Perrigo Co. plc plans to acquire the women’s health care business of Lumara Health Inc. Perrigo said Tuesday that the $82 million cash deal expands its specialty drug portfolio to include extended topical products in the women’s health. Lumara assets in the agreement include Clindesse Vaginal Cream (clindamycin phosphate 2%), Gynazole-1 (Butoconazole
DEERFIELD, Ill. — Dana Anderson has been promoted to senior vice president and chief marketing officer at Mondelez International. Dana Anderson The food company said Thursday that Anderson, who previously was senior vice president of marketing communication and strategy, will oversee its global portfolio of advertising, media and marketing partners, as well as the teams
