May 25, 2011

Watson Pharmaceuticals has acquired Greek drug maker Specifar Pharmaceuticals for $562 million, the two companies said Wednesday.

May 20, 2011

Target plans to spend more than it had forecast this year on its entry into the Canadian market as it nails down more of the best retail locations sooner than expected.

May 17, 2011

Supermarket chain Publix has confirmed the termination of the lease arrangements with The Little Clinic within select store locations in Florida and Georgia.

May 13, 2011

Walgreens is 10 stores into transforming the popular Happy Harry’s Delaware pharmacy brand into Walgreens stores both inside and out, the News Journal, a Delaware daily, reported earlier this week.

May 12, 2011

Japan-based Takeda Pharmaceutical may acquire Switzerland’s Nycomed for $12 billion, according to published reports.

May 11, 2011

Credit Suisse on Wednesday initiated coverage of General Nutrition Centers, the specialty retailer of supplement and nutritional products and partner with Rite Aid in a store-within-a-store program across more than 1,000 drug store locations.

May 10, 2011

Alkermes will buy Irish drug maker Elan’s drug formulation and manufacturing business for $960 million, the two companies said Monday.

May 6, 2011

Akorn, a niche generic pharmaceutical company, earlier this week entered into an agreement to acquire Advanced Vision Research, an over-the-counter ophthalmic company that promotes eye care products under the TheraTears and MacuTrition brands.

May 6, 2011

Nestle Waters North America has inked a deal to acquire the maker of Sweet Leaf and Tradewinds beverage brands.

April 28, 2011

Health Station Networks will acquire “substantially all” of the assets of Sentry Health Monitors, which owns and operates more than 20,000 health monitors in pharmacies and other locations in the United States and Canada previously owned by Lifeclinic International, under a binding letter of intent.

April 25, 2011

Walgreens, the kaleidoscopic company that wants to “own well,” is shuffling management and realigning operations as it works to knock down its remaining internal silos and create a seamless, broad-based retail health-and-
wellness dynamo.


April 25, 2011

Before Walgreens bought out Duane Reade, the intersection of Avenue J and East 15th Street in Brooklyn was home to a Walgreens and a Duane Reade store. Shortly after the purchase, Walgreens shut down the Duane Reade store, an older store that had a less visible location under elevated railway tracks. Now, independent pharmacies along Avenue J are trying to attract the business of former Duane Reade customers.


April 19, 2011

Drug maker Forest Labs has acquired worldwide rights to a drug developed by Procter & Gamble Pharmaceuticals for treating arrhythmia.

April 18, 2011

Walmart announced that it has acquired the services of Kosmix, a Mountain View, Calif.-based company to grow its multichannel strategy.

April 12, 2011

Darren Singer, a 25-year GlaxoSmithKline veteran, has been named Safeway's SVP pharmacy, health and wellness, the retailer announced.

April 11, 2011

Endo Pharmaceuticals will buy American Medical Systems for $2.9 billion, the drug maker said Monday.

March 24, 2011

Shortly after posting record second-quarter sales on Tuesday, Walgreens announced that it would "accelerate its online strategy" by acquiring e-retailer Drugstore.com for about $429 million, subject to customary conditions.

March 23, 2011

Colgate-Palmolive is bolstering its foothold in the European personal care market by acquiring from Unilever the Sanex personal care brand for about $940 million.

March 21, 2011

Generic drug maker Hi-Tech Pharmacal has acquired the rights to a drug for mouth infections, the company said Monday.

March 17, 2011

Pfizer is recalling a painkiller drug it acquired when it bought King Pharmaceuticals due to problems with a chemical used to deter drug abuse, according to published reports.

March 15, 2011

Mr. Bubble, which was acquired by The Village Co. in 2008, is broadening its portfolio with two new products for children — Mr. Bubble original bubble body wash and extra gentle body wash. Both formulas feature newly redesigned packaging, showcasing the new Mr. Bubble character.

March 11, 2011

First it was Family Dollar; now 99 Cents Only Stores finds itself in buyout talks, as investors are seeing the value in discount store chains.

March 9, 2011

Eli Lilly leader John Lechleiter has become something of an evangelist for medical innovation lately. On Wednesday, the Lilly chairman, president and CEO spoke to the U.S./Japan Business Council in Tokyo to call for changes and policies in the biopharmaceutical industry that encourage innovation, or “reinventing invention,” as he called it.

March 9, 2011

You can expect to see quite a bit of co-promotional activity between PediaCare and Little Remedies in the 2011-2012 cough-cold season, Prestige Brands president and CEO Matthew Mannelly told investors Wednesday morning at the Bank of America Merrill Lynch 2011 Consumer Conference held here.