ECRM_1170x120_8-1-17

Richard Dufresne

Canadian drug chains to take hit from generic price cuts

Canadian drug chains to take hit from generic price cuts

TORONTO — Pharmacy operators across Canada will be hit hard by lower generic drug prices set to take effect this spring, said Metro Inc. chief executive officer Eric La Fleche. The pan-Canadian Pharmaceutical Alliance — which represents the provincial, territorial and federal governments — and the Canadian Generic Pharmaceutical Association announced late last month that

Loblaw names new Shoppers Drug Mart president

BRAMPTON, Ontario — Shoppers Drug Mart is getting a new president as a result of a management shakeup at parent Loblaw Companies Ltd. Domenic Pilla, who joined Shoppers Drug Mart as president and chief executive officer in November 2011 from McKesson Canada, plans to leave the company by the end of the year, Loblaw said