July 30, 2012

Everybody loves a comeback story, and it looks as though the pharmacy retail industry has one of its own in the making as Rite Aid’s latest earnings report showed another strong quarter for the Camp Hill, Pa.-based chain, which has been steadily growing its sales and narrowing its losses for several quarters already.


July 27, 2012

Gary J. Burns, 74, of Lake Forest, Ill., and Naples, Fla., passed away July 24. He was born Feb. 7, 1938, in Saginaw, Mich. Burns served in the U.S. Army and then embarked upon a long and successful career in the health and beauty aids industry.

July 26, 2012

The American Pharmacists Association has a new president-elect, the group said Thursday.

July 23, 2012

Blu Pharmaceuticals has named Joe Dombrowski to the newly created position of VP corporate development, the company said.

July 23, 2012

The Food and Drug Administration has approved a new drug for treating multiple myeloma, the agency said Friday.

July 17, 2012

In an effort to curb vehicle air pollution, Manhattan-based retailer Duane Reade, which is owned by Walgreens, has teamed up with Mission Electric to create a public outreach campaign to determine which of its stores should be served solely by electric trucks.

July 16, 2012

A subsidiary of Par Pharmaceutical Cos. acquired earlier this year has received its first Food and Drug Administration approval.

July 13, 2012

A federal judge has ruled in favor of pharmacy technology manufacturer Innovation Associates in a 6-year-old case brought by ScriptPro concerning a component of one of Innovation's dispensing robots, the companies said.

July 12, 2012

A Giant-Carlisle store in Pennsylvania will sponsor an event to teach kids about healthy eating.

July 9, 2012

Specialty pharmacy provider BioRx has acquired another specialty pharmacy provider based in Minnesota, BioRx said Monday.

July 9, 2012

Manhattan-based retailer Duane Reade is expanding its footprint with a second distinct location in the historic American Surety building in the city’s Financial District.

July 9, 2012

Kerr Drug has promoted Mark Gregory to SVP store operations, the regional retail pharmacy chain said Monday.

July 6, 2012

Several intertwined factors are fueling the mass nail care market, and according to a new report by Packaged Facts, the growth of do-it-yourself nail products is expected to continue despite an uptick in professional nail services.

June 26, 2012

In many ways, the future of community pharmacy relies on evolving the role of the pharmacist to drive better patient adherence, improve health outcomes and perhaps most importantly, from a business perspective, to get paid for it. To help independent pharmacy owners and community pharmacists step closer to that future today, McKesson, the largest healthcare services company in the country, showcased Tuesday its Sponsored Clinical Services Network to hundreds of attendees here at McKesson ideaShare 2012.

June 25, 2012

Owning and operating a community pharmacy has never been the easiest way to prosper in the healthcare field. But in the face of unrelenting reimbursement challenges, big-chain competition and the pressures imposed by powerful pharmacy benefit managers that dictate take-it-or-leave-it contracts covering the majority of patients and prescriptions, it’s a safe bet that the vast majority of independent and small-chain pharmacy owner/operators wouldn’t trade places with any other health professional.

June 25, 2012

Three successful pharmacy innovators helped set a buoyant tone for the official kickoff of McKesson’s ideaShare 2012 conference here, as they shared success stories from their own community practice settings at a panel discussion hosted by Brian Tyler, president of McKesson U.S. Pharmaceutical.

June 21, 2012

Hershey has named Leslie Turner as SVP, general counsel and secretary, effective July 9.

June 21, 2012

The energy shot business in the mass market still is dominated by one player — Living Essentials’ 5-Hour Energy has almost 90% dollar share — but Sato Pharmaceutical, which boasts its Yunker Energy as the No. 1 energy shot in Japan, is looking to challenge that domination with the launch and support behind its Yunker Energy product across the United States.

June 21, 2012

How is it that some companies seem to thrive in an environment of uncertainty — even chaos — while most others fail?

June 18, 2012

The Federal Trade Commission has approved Giant Food Stores' proposal to acquire 15 Genuardi's stores from Safeway.

June 11, 2012

Pharmacy benefits administrator Argus Health Systems has signed a deal with Amber Pharmacy to provide expanded specialty pharmacy options to patients, Argus said.

June 6, 2012

Abbott on Tuesday announced the launch of Ensure Clear, a nutrition beverage available in peach and blueberry pomegranate flavors that offers three times more protein than juice, according to the company, and 21 vitamins and minerals to help adults looking to fill dietary gaps.

June 6, 2012

A generic drug maker in India and a German pharmaceutical company will collaborate to develop biosimilars.

June 6, 2012

Royal Ahold's U.S. subsidiary saw net sales jump 2.8% to $7.8 billion during first quarter 2012, the company said Wednesday.