There’s a shift happening within the ethnic beauty market — specifically in the hair care segment — as competition in the category becomes more intense and as multicultural beauty marketers increasingly recognize the importance of breaking the borders between general and multicultural beauty.
With the youngest of the baby boomers having turned 50 this year, adult incontinence is proving to be a high-traffic, high-frequency category with a decent amount of margin, at least in the drug channel. According to Competitive Promotion Report, the drug channel enjoys a 35% margin in this category on average.
Bomuca is in the process of launching a Hispanic-centric line of supplements and recently gained distribution through Walgreens, the supplier reported. DSN sat down with Oliver Pegueros, director of operations and business development at Bomuca, to get a sense of what the new supplement line is all about.
Australian Dream is one of those hot external analgesic products that has been growing by greater than 20% across all channels. Drug Store News had an opportunity to dig a little deeper regarding the Nature s Health Connection s Australian Dream product with David Biernbaum of David Biernbaum and Assoc., who represents the product.
External analgesics is a category replete with growth brands with a base of $497.8 million across total U.S. multi-outlets, and more than 8.1% in growth for the 52 weeks ended Sept. 7, according to IRI data.
After a recent spike in the prices charged for some generic drugs led to outcries from pharmacists, patient advocates and federal lawmakers, a report issued last month suggests that drug costs can be controlled if the Food and Drug Administration changes the way it handles reviews and approvals.
Mscripts has built a comprehensive digital pharmacy platform designed to improve adherence and compliance among patients. “Traditionally, we’ve focused on two-way text messaging and mobile applications,” Mark Cullen, Mscripts CEO, told Drug Store News.
The global market for mHealth is expected to reach $49.1 billion by 2020, according to a recent study by Grand View Research. Monitoring services are expected to remain the dominant and fastest-growing market segment, with market revenue of $1.2 billion in 2012, and an estimated CAGR of 49.7% from 2014 to 2020.