CVS Caremark announced on Friday that it has agreed to a $20 million civil penalty to resolve a previously disclosed investigation by the Securities and Exchange Commission into 2009 public disclosures made by the company, securities transactions and certain aspects of the purchase accounting adjustment related to the October 2008 Longs Drug Stores acquisition.
Monistat, an over-the-counter vaginal yeast infection treatment, announced a partnership with women's underwear and lingerie brand Hanky Panky to help boost women's confidence when diagnosed with a yeast infection.
Responding to Monday’s devastating tornado in the Oklahoma City area, Walgreens this week mobilized increased shipments of essential supplies to its area stores; made an initial donation of three semi-trailers of food, water and first aid supplies to the Oklahoma chapter of the American Red Cross; and offered customers an opportunity to make donations at its Oklahoma drug stores.
The Dollar General Literacy Foundation announced today awards of more than $6 million in grants to more than 725 schools, nonprofits and literacy organizations to support adult, family and summer literacy programs.
Diplomat Specialty Pharmacy is among several Flint, Mich.-area companies that have signed on to a council to support a local business that makes scrubs and is interested in expanding beyond traditional markets.
Walgreens will no longer source branded prescription medicines directly from suppliers beginning in September, the Chicago-based retailer announced as part of a significant partnership between Walgreens, Alliance Boots and AmerisourceBergen that includes Walgreens and Alliance Boots potentially taking a 7% stake in the Pennsylvania wholesaler.
Drug maker GlaxoSmithKline's philanthropic arm has donated $500,000 to the Children's Hospital of Philadelphia as part of a fund that provides assistance to families for travel and living expenses they may incur while their children are enrolled in experimental or novel treatments offered at the hospital's Cancer Center.