January 11, 2013

Growth in the consumer products market is likely to slow down over the next five years, while pharmacy retailers will see a profit windfall due to the generic drug cycle, according to a new report.

January 11, 2013

Strictly speaking, television is a pulsating blue light, which is why from the outside of a house, it makes it look as though the entire living room or bedroom is glowing blue while turned on. That's the basic principal behind a new device designed to ward off burglars.

January 11, 2013

A panel of Food and Drug Administration experts has recommended approval for an experimental Type 2 diabetes drug made by Johnson & Johnson, the drug maker said.

January 11, 2013

Ferndale Healthcare unveiled a redesigned corporate web site Ferndalehealthcare.com to make it easier for a variety of target audiences to navigate the site.

January 11, 2013

Konsyl Pharmaceuticals named Roger Giannico VP sales and marketing.

January 11, 2013

Last week in a much anticipated move, Cerberus Capital Management acquired 877 supermarkets from Supervalu for $100 million in cash and the assumption of $3.2 billion in debt. Also part of the deal, a Cerberus-led investor consortium will provide the remaining Supervalu business an influx with the purchase of up to 30% of Supervalu stock at a purchase price of $4 per share.

Following the transaction, Supervalu will be a $17 billion business comprised mostly of its distribution business, which will represent 47% of revenues, Save-A-Lot (25%) and 191 regional supermarkets (28%).

January 11, 2013

Walgreens' Arkansas Payment Improvement Initiative aims to create a more patient-centered and cost-efficient payment system for the retailer's home state.

The latest move by Walmart is as sure an indication as any that health care is becoming less about fee-for-service and more about basing compensation on ratings derived from patient outcomes.

January 11, 2013

Most U.S. moms are concerned about breastfeeding in public even though they understand that breastfeeding is the best way to feed their babies, according to the 2012 Lansinoh Breastfeeding Study.

January 11, 2013

Unilever’s Axe is going where only few have gone before by giving guys the ultimate out-of-this-world experience: A trip to space. To recruit guys for the journey, Axe is creating the Axe Apollo Space Academy with one of the first men to walk on the moon, Buzz Aldrin.

January 11, 2013

The board of directors of Walgreens declared a regular quarterly dividend of 27.5 cents per share, a 22.2% increase over the year ago dividend.

January 11, 2013

Wegmans Food Markets upgraded its complimentary shopper's app to help expedite the grocery trip.

January 11, 2013

Walgreens chief Greg Wasson had a new vision to share with the pharmacy operator's faithful shareholders for 2013. It was a vision that firmly placed the Express Scripts dispute in the rear-view mirror and refocused on the road ahead that includes expanding the role of pharmacy and even what it means to be a U.S. pharmacy operator with its acquisition of Alliance Boots.

Two major announcements were made in the wake of the shareholders meeting, both of which were identified by DSN as two of the top six big trends to watch through 2013. Walgreens reiterated its commitment to fostering an omnichannel experience for its shoppers and, a day after the shareholders meeting, Walgreens became the only retail pharmacy operator to partner on three Accountable Care Organizations.

January 10, 2013

Beauty licensing company Boldface Group will launch Khroma Beauty by Kourtney Kim and Khloe in 138 Duane Reade and Beauty.com stores this spring, the company has announced.

January 10, 2013

Demand among consumers for online services from drug companies to help manage chronic conditions is strong, according to a new study from healthcare market research firm Manhattan Research.

January 10, 2013

Crest Oral-B launched a partnership with dental hygienists this week at CareerFusion, a dental professional career retreat, to gain a better understanding of the current needs and preferences of dental professionals nationwide, the manufacturer announced.

January 10, 2013

The Council for Responsible Nutrition announced that John Blair, SVP of NSA, has been named chair of the association’s board of directors. Blair, who will hold the chairmanship through 2014, succeeds Jim Hamilton, president of DSM Nutritional Products, USA.

January 10, 2013

The Food and Drug Administration has approved a new intrauterine device for preventing pregnancy made by Bayer HealthCare Pharmaceuticals, the drug maker said.

January 10, 2013

The Food and Drug Administration has approved a generic epilepsy drug made by Wockhardt, the company said.

January 10, 2013

The Food and Drug Administration is ordering the makers of several sleep drugs to lower the dosage due to the risk that they can impair patients the morning after, the agency said Thursday.

January 10, 2013

The sale of 877 stores to Cerberus Capital Management will help Supervalu re-energize its remaining three businesses, current Supervalu president and CEO Wayne Sales told analysts Thursday morning.

January 10, 2013

Giant Eagle announced a new Winter Low Price Lock on hundreds of popular products.

January 10, 2013

Advocare Walgreens Well Network, Diagnostic Clinic Walgreens Well Network and Scott & White Walgreens Well Network have been selected as three of 106 new Accountable Care Organizations in Medicare, Health and Human Services Secretary Kathleen Sebelius announced.

January 10, 2013

Kashi, the natural food and lifestyle company, on Wednesday announced the launch of two new flavors of its Soft 'n Chewy Bars — Berry Muffin and Apple Cobbler.

January 10, 2013

Unilever-owned tea company Lipton is looking to breathe new life into a brand more than 130 years old.