March 26, 2012

McKesson on Monday announced that it has completed the previously announced acquisition of the independent banner and franchise businesses of Katz Group Canada in an all-cash transaction that closed March 25.

February 3, 2012

The move by Katz Group to shed its independent and franchise businesses marks a shift in the Canadian market and likely sets the stage for even more changes north of the border. And while it remains unclear just how the pharmacy retail landscape in Canada will look in the years ahead, what is clear is that the winds of change are blowing, and industry eyes will remain fixed on the Canadian market, perhaps now more than ever.

January 31, 2012

In an effort to strengthen its focus on its corporate-owned Rexall and Rexall/Pharma Plus store network, Katz Group Canada has signed a definitive agreement to sell its banner pharmacy business, Drug Trading, and its franchise pharmacy business, Medicine Shoppe Canada, to McKesson for about CAD $920 million in cash.

October 26, 2011

McKesson said its distribution solutions and technology solutions businesses helped drive the company's operating results for the second quarter ended Sept. 30.

September 12, 2011

McKesson on Monday announced the creation of a new division: McKesson Specialty Health.

July 11, 2011

McKesson earlier this month named its 2011 Pharmacy of the Year awards at the wholesaler’s annual McKesson ideaShare Conference.

July 5, 2011

McKesson sparked its McKesson IdeaShare Conference at the Moscone Convention Center from June 29 through July 2 with a number of programs designed to bolster the competitiveness and profitability among independent pharmacies.

May 11, 2011

McKesson Specialty Care Solutions on Wednesday announced that its Reimbursement and Access Services Solution Center located here has been ranked a top 10 call center by BenchmarkPortal and the Center for Customer-Driven Quality, founded at Purdue University.

May 4, 2011

Sales at McKesson were $28.9 billion during fourth quarter 2011 and $112.1 billion for fiscal year 2011, according to financial results announced Tuesday.

April 25, 2011


In the May issue of Consumer Reports, a report found that such independents as McKesson’s Health Mart franchise group are delivering the goods.


McKesson helped capitalize on what has always been an exemplary Health Mart patient experience at the top of last year with a multi-
million-dollar ad campaign that included an ad during the New Orleans Saints/Indianapolis Colts Super Bowl. That 2010 campaign featured real Health Mart pharmacists with stories on how they have impacted their local communities by taking the time to care and provide special services.


April 8, 2011

Anyone who has ever managed a retail operation at the store level knows — perception is reality.

February 1, 2011

McKesson Corp. on Monday reported revenue of $28.2 billion for its fiscal third quarter, ended Dec. 31, 2010. Third-quarter earnings per diluted share were 60 cents, which included a pre-tax average wholesale price litigation charge of $189 million ($133 million after-tax, or 52 cents per diluted share).

October 31, 2010

In a big boost to its growing specialty pharmacy operation, drug-distribution and health services giant...

October 26, 2010

Healthcare and distribution company McKesson reported Wednesday that the Distribution Solutions segment of its business...

October 11, 2010

Kicking off a new leadership era for its top industry trade group, pharmaceutical wholesalers elected...

August 8, 2010

The Department of Health and Human Services will get a funding increase of $250 million...

June 2, 2010

Trumpeting a positive trend in medication adherence rates for patients, health and drug distribution giant...

March 14, 2010

Chances are good that there’s a Health Mart in your community. Some four years after...

March 4, 2010

A healthcare services and information technology company was ranked among the "World's Most Admired" in...

January 25, 2010

Pharmaceutical wholesaler McKesson Corp. reported an upswing in its third-quarter net income, compared with the...

October 22, 2009

For two decades or more, independent pharmacy owners have been slammed by managed care, steady...

March 28, 2009

In late 2008, retail pharmacy’s fastest-growing franchise for independent owner-operators blew past a significant milestone with the addition of its 2,000th drug store member.

February 26, 2009

Behind the decision by United Drugs and Associated Pharmacies to merge is one overriding...

January 22, 2009

Canada’s most powerful pharmacy retailers have grown powerful in a relatively stable competitive arena, but...