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
TORONTO — The Council of the Ontario College of Pharmacists (OCP) has elected Mark Scanlon as president and Esmail Merani as vice president for the 2014-15 council year. Mark Scanlon OCP said Monday that Scanlon and Merani will each will serve a one-year term from September 2014 through to September 2015. The council is the
NEW YORK — Michele Scannavini has stepped down as Coty Inc. chief executive officer and resigned from the company’s board of directors. Michele Scannavini Coty said Monday that Scannavini’s departure was due to personal reasons. The beauty care and fragrances company provided no further details but indicated that it plans to begin a search for
In a year crammed with major news stories, cataclysmic personnel shifts and stunning new strategies and directions, the No. 1 retailing story of 2014 increasingly appears to be the CVS decision to stop selling tobacco products in its 7,700 drug stores. What continues to stamp this decision and its aftermath as so dramatic is a
FLINT, Mich. — Diplomat Pharmacy Inc. has commenced an initial public offering and appointed a chief information officer. The specialty pharmacy operator said Monday that, following the filing of its IPO on July 3, the company is selling 10 million shares of common stock, while certain shareholders are selling more than 3.33 million shares. According
NEW YORK — Profoot Inc. has kicked off what the company calls its largest integrated marketing campaign. Dubbed "Profoot for the Pro-You," the campaign will encompass static and digital out-of-home and banner advertisements, a new website, and supporting public relations and social media activity, Profoot said Monday. The company noted that the initiative aims to
ALEXANDRIA, Va. — This week, members of 37 pharmacy organizations from around the world are going on Twitter to participate in the second annual #Pharmacist Tweet-a-Thon. The National Community Pharmacists Association said the Tweet-a-Thon event, to be held Thursday, aims to highlight the positive impact that pharmacists have on their patients, communities and the health
LONGUEUIL, Quebec — Jean Coutu Group has named freestyle skiers the Dufour-Lapointe sisters — Maxime, Chloé and Justine — as the new ambassadors for its Personnelle Cosmetics private brand. The Dufour-Lapointe sisters: Justine, Maxime and Chloé The Quebec-based drug chain said Thursday that the Dufour-Lapointe sisters will be seen on Personnelle Cosmetics collections’ advertisements and
WASHINGTON — With the next open-enrollment period for health insurance under the Affordable Care Act six weeks away, the National Association of Chain Drug Stores has advocated administrative changes to help people seeking health coverage in 2015. Exchange call centers should remain open on Christmas and New Year’s Day, beneficiary eligibility files should be updated
TORONTO — The Canadian Association of Chain Drug Stores (CACDS) has changed its name. Rebranded as the Neighbourhood Pharmacy Association of Canada, the organization will be “a leading voice and strong advocate of retail pharmacy in this country,” Frank Scorpiniti, the association’s board chair, remarked at its “Directions 2015” event here this month. “This new
DUBLIN, Ohio — Jon Giacomin is replacing Michael Kaufmann as chief executive officer of Cardinal Health Inc.’s pharmaceutical segment, effective November 11, at which time Kaufmann will become Cardinal’s chief financial officer. Kaufmann succeeds Jeffrey Henderson, who is retiring as CFO but will retain oversight of Cardinal Health China and work with Cardinal’s leadership team
