Financial News

03/01/2013 - 12:31pm

Publix may join Royal Ahold later this month in making a bid for the more than 200 Harris Teeter supermarkets, according to a report published Friday by Bloomberg, citing people with knowledge of the situation.

03/01/2013 - 12:14pm

Hy-Vee is taking over a construction company that builds its stores and related facilities, the supermarket chain said Friday.

03/01/2013 - 12:13pm

Publix on Friday recorded fiscal 2012 sales of $27.5 billion, up 1.9%.

02/28/2013 - 6:47pm

Alabama's Supreme Court ruled in January that brand-name drug companies could be sued if patients suffer complications from generic versions of their medicines, according to published reports.

02/28/2013 - 6:47pm

Canadian generic drug makers expressed dismay over a new plan to reduce reimbursements for a half-dozen generic medications in most of the country's provinces. According to published reports, a group of premiers had reached a coordinated deal to reduce the prices their governments paid for six generic drugs, hoping to save the provinces nearly $100 million.

02/28/2013 - 6:47pm

Are doctors needlessly raising the costs of America's healthcare system through their prescribing habits? Absolutely, say researchers.

02/28/2013 - 6:47pm

Biosimilar medicines have been approved and routinely prescribed in Europe for nearly seven years, and creation of a clear pathway for Food and Drug Administration review and approval of generic versions of bioengineered drugs was enshrined into law in the United States with the passage of the Patient Protection and Affordable Care Act nearly three years ago.

02/28/2013 - 3:45pm

Mylan had sales of $1.72 billion in fourth-quarter 2012 and $6.8 billion for fiscal year 2012, the generic drug maker said.

02/28/2013 - 2:58pm

Mylan has bought a manufacturer of generic injectables for $1.6 billion, the company said.

© 2013 Drug Store News. All Rights Reserved.