It is a violation of the Federal Food, Drug and Cosmetic Act to market and sell products that claim to prevent, diagnose, treat, mitigate or cure diseases without first demonstrating to the FDA that they are safe and effective for their labeled uses, the agency states.
For its 2017 fiscal fourth quarter ended March 4, Rite Aid reported revenues of $8.5 billion and a net loss of $21.1 million. Its adjusted net loss came in at $3.2 million, which bested Wall Street estimates.
This year’s awardees were selected from more than 40 general and diversity scholarship applications submitted from deans of accredited colleges and schools of pharmacy across the country.
Mike Withers will lead the company's East Region operations, while current EVP, Retail Operations Susan Morris will lead the West Region.
Actions being taken are part of Sears’ continuing corporate restructuring program.
In addition to Gourlay’s appointment, Mark Panzer, SVP pharmacy, health and wellness of Albertsons, was elected the National Association of Chain Drug Stores’ vice chairman, and Helena Foulkes, EVP of CVS Health and president of CVS Pharmacy, was elected NACDS treasurer.
The Dr. Reddy’s progesterone capsules — recently approved by the Food and Drug Administration — will be available in 100- and 200-mg dosage strengths.
The transaction is expected to close by early 2018 and to be accretive in 2018 to Fresenius Group net income and EPS, excluding integration costs.
The retailer announced it will open 70 new in-store Sephora shops in J.C. Penney locations and also expand 32 existing shops by nearly 50% to accommodate more products and services.
PharmaSmart said it will deploy its clinically validated blood pressure kiosk and cloud-based Health IT platform across Coborn’s 36 grocery stores with pharmacies, which operate under the banners of: Coborn’s, Cash Wise Foods, and Market Place Foods across Minnesota, South Dakota, and Wisconsin.