July 25, 2014

In an effort to show investors that its able to deliver strong earnings growth, drug maker Allergan will be laying off workers and discontinuing some of its drug research, according to the Wall Street Journal.

July 24, 2014

Medicine Shoppe pharmacy owner Jim Cherry takes customer service to a whole new level in Somerset, Ky., and it’s his commitment to the community and innovative pharmacy solutions that this year earned him the Medicine Shoppe International Franchisee of the Year award.

July 24, 2014

Feed the Children and PepsiCo handed out 25-lb. boxes of food to 800 families at an event on Thursday.

July 23, 2014

According to published reports, Eastside Marketplace, a Providence, R.I.,- grocery store, has been sold to a subsidiary of Ahold USA, which operates Stop & Shop stores.

July 21, 2014

During the Opening General Session at McKesson’s 2014 ideaShare conference, Frank Starn, SVP and COO of McKesson U.S. Pharmaceutical, and Steve Courtman, president, Health Mart, presented Milwaukee, Wis.-based Hayat Health Mart Pharmacy with the grand prize as the 2014 Pharmacy of the Year award winner.

July 18, 2014

FedEx on Thursday was indicted as a co-conspirator for illegally distributing pharmaceuticals sourced from a pair of rogue online pharmacies.

 

July 17, 2014

The National Retail Federation is supporting the Marketplace and Internet Tax Freedom Act. The legislation was introduced by Senators Michael Enzi, Richard Durbin, Lamar Alexander, Heidi Heitkamp, Susan Collins and Mark Pryor.

July 17, 2014

Merz North America will establish its headquarters in Raleigh, N.C., officials announced Wednesday at a press conference with N.C. Gov. Pat McCrory. 

July 16, 2014

Sun Life Assurance Company of Canada entered into a strategic business relationship with McKesson Canada to launch the Sun Life Preferred Pharmacy Network.

July 16, 2014

Walmart will open its first Care Clinics in South Carolina, according to a report published Wednesday in The State.

July 15, 2014

Former Republican Speaker of the House J. Dennis Hastert last week wrote an editorial for the Washington Times supporting the use of such tamper-resistant pseudoephedrine products as Acura Pharmaceuticals' Nexafed and Westport Pharmaceuticals' Zephrex-D.

July 10, 2014

As lifetime earnings for pharmaceuticals decrease, commercialization expenses increase and payers tighten their belts on reimbursement, life science companies will be faced with shrinking margins over the next few years. In order to maintain basic operating margin levels and continue investing in research and development at current levels, life science manufacturers will be forced to reduce costs by more than $35 billion by 2017, according to results from a new survey of 70 life science organizations from the IMS Institute for Healthcare Informatics.

July 10, 2014

The Office of National Drug Control Policy released the 2014 National Drug Control Strategy, the Obama Administration’s primary blueprint for drug policy in the United States.

July 9, 2014

Kroger on Tuesday published its eighth annual sustainability report, setting its first-ever water conservation goal and providing a progress update on moving retail locations toward "zero waste" and sourcing 100% certified sustainable palm oil. 

July 9, 2014

Safeway on Wednesday released its sixth annual sustainability report, informed by the Global Reporting Initiative G3 Guidelines. 

July 8, 2014

Facing a “highly competitive market,” Canadian pharmacy retailer the Jean Coutu Group reported on Tuesday a slight increase in first-quarter revenues and a 0.1% lift in same-store sales.
 

July 8, 2014

CVS Caremark president and CEO Larry Merlo, along with CEOs from more than a dozen of America's largest corporations and organizations, announced on Tuesday the creation of the American Heart Association CEO Roundtable, an initiative to create a workplace culture that is focused on health.

July 3, 2014

Kinney Drugs, which operates 100 drug stores in Central and Northern New York and Vermont, was recently recognized by the American Heart Association as the top fundraiser in its region as it presented the organization with a $17,420 check in support of the “Go Red for Women” movement.

July 2, 2014

On June 25, the U.S. Department of Justice, at the request of the Food and Drug Administration, filed a complaint for permanent injunction in the U.S. District Court for the Central District of California against Laclede of Rancho Dominguez, Calif., and its president, Michael Pellico.

July 2, 2014

As many as 32 organizations on Tuesday signed a letter calling on the Food and Drug Administration to require biologics and biosimilars to have the same International Nonproprietary Name, a practice currently in use in Europe and other markets.

July 2, 2014

Pinnacle Foods announced on Monday that it has terminated its merger agreement with Hillshire Brands, originally announced May 12. Pinnacle is a producer of such branded food products as Vlasic pickles, Mrs. Butterworth syrups and Wishbone salad dressings.

July 2, 2014

Shrinkage levels average 1.27% of sales, which translates to a $57 billion loss to the industry, according to the U.S. Retail Fraud Survey, which is based on research into the systems and strategies used by 100 leading North American retailers.

July 1, 2014

CytoSport Monday evening announced that it will be acquired by Hormel Foods Corporation.

July 1, 2014

L'Oréal USA announced that it has reached an agreement with the Federal Trade Commission, ending an inquiry regarding certain advertising claims that were discontinued some time ago.