February 7, 2014

From 2012 to 2017, global spending on medicines will increase from $205 billion to $235 billion, according to IMS Health. By 2017, 36% of the spend will be on generics, a number that is 9% more than the percentage in 2013.

As a result of the patent cliff, generic drug manufacturers have thrived while branded pharmaceutical manufacturers have suffered. Branded pharmaceutical manufacturers are expected to suffer even more in the coming years, as many more important patents will lose exclusivity.
A recent paper from the Centers for Medicare and Medicaid Services delves into these issues and more.

February 7, 2014

Ahold USA announced that Rick Herring, president of the Giant Carlisle Division, has made the decision to retire, effective Feb. 14.

February 7, 2014

Several retail pharmacy chains and associations are pledging their support of the Blue Button Initiative — a public-private partnership between the healthcare industry and the federal government that aims to empower all Americans with access to their own electronic health information, the Office of the National Coordinator for Health IT and the White House Office of Science and Technology Policy have announced.

February 7, 2014

For the third consecutive year, Meijer team members and their children will have a chance to receive up to $10,000 to further their college education with the Fred & Lena Meijer Scholarship, a competitive scholarship administered by Grand Rapids Community Foundation.

February 7, 2014

Novartis Consumer Health on Thursday announced that Todd Hutsko has been appointed head of sales U.S., effective March 1.

February 7, 2014

The National Retail Federation calculated that retail employment was down 21,600 jobs in January 2014, yet up 230,000 jobs year-over-year. December retail employment figures were revised up to a gain of 57,000 jobs.

February 7, 2014

Where is pharmacy automation headed, and how will it be put to use by pharmacists and the companies that employ them?

February 7, 2014

Cough-cold suppliers are presently operating in a challenging environment, noted Matthew Mannelly, Prestige Brands CEO, president and director, during a conference call Thursday.

February 7, 2014

Progresso Heart Healthy Soup, in support of Mayo Clinic, is launching "The Heart Project" to educate people about heart disease, the leading cause of death in the United States.

February 7, 2014

A new and possibly transformative technology for rapidly diagnosing and evaluating patients based on their specific genetic profile may soon begin appearing at retail pharmacies and clinics, giving pharmacists and clinicians another tool for advancing patient health outcomes and their own practice capabilities.

February 7, 2014

Selecting a doctor can be a frustrating process filled with too many unknowns, especially in today’s evolving landscape.

February 7, 2014

Procter & Gamble’s Radiant Collection from Always and Tampax has joined as a sponsor of pop star Demi Lovato's Neon Lights Tour.

February 7, 2014

Stacy's Snacks, a Frito-Lay North America brand, introduced Stacy's Pretzel Thins, a new line of baked snacks that combines a pretzel flavor with a thin, crispy texture.

February 7, 2014

A new study published in the January issue of Nutrition Reviews found that the probiotic L. reuteri NCIMB 30242 (Cardioviva) was found to significantly reduce LDL cholesterol and total cholesterol.

February 7, 2014

In light of the evolving healthcare landscape, USA Today published an article on Friday about how pharmacists are increasingly working with doctors to assess patients, identify drug interactions and medication errors and, in some cases, even write a prescription.

February 7, 2014

The United States Hispanic Chamber of Commerce welcomed Boehringer Ingelheim Pharmaceuticals to its family of corporate members as a strategic partner.

February 7, 2014

The January/February 2014 Vitamins and Supplements Ingredient Guide breaks down the indication, ingredients, purpose and dosage of Vitamints Immune, Centrum Specialist Immune Support, Alive! Children's Multi-Vitamin Gummy, Natrol's Melatonin, VitaMelts Multi, TruBiotics, Align and Culturelle Digestive Health Capsules.

February 6, 2014

Anheuser-Busch announced that it agreed to purchase Blue Point Brewing Co., a craft brewery. The purchase will bring additional resources to Blue Point's operations, allowing it to better meet consumer demand for its brands.

February 6, 2014

Canadian pharmacy retailer Shoppers Drug Mart posted an increase in fourth-quarter sales driven by gains at the front end and strength in prescription count growth.

February 6, 2014

The National Association of Boards of Pharmacy, along with a coalition of healthcare industry stakeholders, on Wednesday issued a consensus statement regarding the collaborative steps that will be taken to help ensure the delivery of responsible and effective patient care as it relates to the prescribing and dispensing of controlled substances.

February 6, 2014

Coca-Cola and Green Mountain Coffee Roasters have signed a 10-year agreement to work together on the development and introduction of Coca-Cola’s global brand portfolio for use in GMCR's upcoming Keurig Cold at-home beverage system.

February 6, 2014

Costco on Thursday reported net sales of $8 billion for the four weeks ended Feb. 2, representing an increase of 6% percent from the similar four-week period last year.

February 6, 2014

McKesson confirmed that it has completed the previously announced agreement with Franz Haniel & Cie. GmbH to acquire their entire holding of Celesio shares.

February 6, 2014

Diplomat on Wednesday released its second episode in partnership with Pharmacy Podcast.