November 16, 2011

Unigene Labs, a developer of peptide-based therapeutics, on Wednesday appointed Walgreens' Thomas Sabatino Jr. to its board of directors.

November 15, 2011

The generic drug lobby is stepping up its efforts to persuade the congressional super committee to avoid adopting rules that would ban some patent settlements between branded and generic drug makers.

November 11, 2011

Ralcorp Holdings announced that Terence Block will serve as president and COO of Post Holdings, effective Jan. 1, 2012.

November 10, 2011

CVS Caremark has announced that it will be joining first lady Michelle Obama and the U.S. Chamber of Commerce at the fourth annual "Business Steps Up: Hiring our Heroes" event to be held Thursday in Washington, D.C.

November 9, 2011

Coty has announced that Bart Becht, former Reckitt Benckiser CEO, has joined its board as nonexecutive chairman.

October 28, 2011

Weis Markets' board of directors on Thursday declared a quarterly dividend of 30 cents.

October 25, 2011

The Federal Trade Commission released a report Tuesday finding that drug companies entered 28 deals that the FTC called anticompetitive and said would increase healthcare costs for consumers and the government.

October 19, 2011

Ortho Clinical Diagnostics, in partnership with the National Association of Chronic Disease Directors, on Wednesday released a survey that determined consumers would more likely discuss health-and-wellness plans with their doctors, and take action, if they understood their blood test numbers.

October 14, 2011

Patients with diabetes may benefit from a system that provides continuous, real-time glucose readings, according to new clinical practice guidelines released by the Endocrine Society.

October 13, 2011

Online marketing campaigns contributed to an in-store sales lift of 21%, according to an analysis of multiple consumer packaged goods online ad campaigns that was released Tuesday by ComScore and DunnhumbyUSA.

October 12, 2011

Weis Markets on Wednesday reported third-quarter sales of $678.6 million, an increase of 6%. Comparable-store sales increased 6.5% during the thirteen-week period ended Sept. 24.

October 11, 2011

Over the years, CVS Caremark has grown from a go-getting New England-based regional player to a nearly $100 billion pharmacy healthcare giant known for its vertically integrated pharmacy-PBM model via the 2007 acquisition of Caremark, its highly successful loyalty card program and its innovative beauty concepts.


October 10, 2011

Mylan co-founder and former chairman and CEO Milan "Mike" Puskar died Saturday, the generic drug maker said. Puskar, who retired from Mylan as chairman in 2009, was 77.

October 6, 2011

Merck chairman Richard Clark is retiring, the company said Thursday.

October 5, 2011

The chairman of the House of Representatives' Committee on Education and the Workforce has introduced legislation that is designed to prevent the National Labor Relations Board from implementing sweeping changes to the workplace.

October 5, 2011

Rite Aid kicked off its "Rite Aid Shield Yourself, New York" event Wednesday morning at New York's Grand Central Terminal, offering flu vaccinations delivered by Rite Aid pharmacists to the thousands of commuters passing through the Midtown Manhattan train station.

October 4, 2011

Taro Pharmaceutical Industries recently appointed a new member to its board, following the resignation of Hasmukh Shah.

September 13, 2011

GMDC members elected two new board members to serve in two-year terms on their board of directors, the association announced Tuesday.

September 12, 2011

The issue of patent settlements, their effect on drug prices and availability, and by extension their legality has been around for a long time and will likely remain an issue for years to come. But according to a report released in May by the Federal Trade Commission, the settlements have been on the rise, increasing from 16 in 2009 to 31 in 2010.


September 1, 2011

Branded drugs sold under their generic names at a reduced price can reduce retail and wholesale drug prices, according to a new report by the Federal Trade Commission.

September 1, 2011

Costco’s legendary co-founder Jim Sinegal is stepping down as CEO.

August 29, 2011

The National Association of Chain Drug Stores' Pharmacy and Technology Conference opened Sunday with remarks by conference chairman and Walgreens divisional VP government and community relations Debbie Garza, who highlighted the value of community pharmacy and urged attendees to engage to ensure the vitality of pharmacy's future.

August 29, 2011

In addressing attendees of the National Association of Chain Drug Stores Pharmacy and Technology Conference, NACDS chairman and H-E-B chief administrative officer Bob Loeffler called for even greater grassroots engagement within the industry and encouraged attendees to participate in NACDS RxImpact, the organization's grassroots campaign to reach political leaders, by attending the Day on Capitol Hill in Washington, D.C.

August 9, 2011

Online U.S. retail spending in second quarter 2011 reached $37.5 billion for the quarter, up 14% versus a year ago, ComScore reported Monday.