Par Pharmaceutical Thursday announced that it has begun shipping the authorized generic version of Megace ES (megestrol acetate, USP) oral suspension.
Cardinal Health on Thursday reported that its fiscal year fourth-quarter revenues increased by 20%, to $27.5 billion.
Rite Aid announced same-store sales increased 2.4% for the four weeks ended July 25.
McKesson on Thursday reported increased revenues for the first quarter, which ended June 30. At $47.5 billion, revenues were up 9%, compared with $43.5 billion a year ago. First-quarter earnings per diluted share from continuing operations was $2.50 compared with $1.76 a year ago.
Fifty years ago this summer, President Lyndon B. Johnson secured his place in history by signing into law the legislation that created Medicare and Medicaid. To commemorate the anniversary, Drug Store News has put together an exclusive report on the effect that Medicare and Medicaid have had on the retail pharmacy industry and how it has transformed the role of the pharmacist.
CVS Health has entered into two new clinical affiliations with Lawrence Memorial Hospital in Kansas and Lehigh Valley Health Network in Pennsylvania.
CVS Health and IBM on Thursday announced they will use predictive analytics and Watson cognitive computing for care management services for patients with chronic disease.
Rite Aid has announced Reliance ACO, based in southeast Mich., as the latest healthcare provider to join its Rite Aid Health Alliance initiative.
Cardinal Health's RBC 2015 closing session featured NFL Hall of Famer Jim Kelly, who shared his life story of perseverance and overcoming obstacles — including his insights on teamwork, leadership, having a special needs child, and facing cancer; a Spin to Win gameshow activity; and more info about Cardinal Health's partnership with the Wounded Warrior Project.
Mylan on Wednesday announced that it received unconditional clearance from the European Commission under the European Union Merger Regulation for its acquisition of Perrigo Co., an Irish international manufacturer of private-label over-the-counter pharmaceuticals.