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June 19, 2013
AMA:Obesity is a disease

The American Medical Association has officially recognized obesity as a disease, which could affect how healthcare professionals approach the issue, the group said at its annual meeting in Chicago.

June 19, 2013
Most wasteful healthcare spending results from poor adherence, study finds

More responsible use of drugs could save the U.S. healthcare system more than $200 billion per year, according to a new study by the research arm of IMS Health.

June 19, 2013
Nearly 7-in-10 adults take a prescription drug, study finds

A large majority of Americans are taking prescription drugs, according to a new study by the Mayo Clinic.

June 19, 2013
Rite Aid boosts debt offering

Rite Aid is offering to buy back $810 million worth of debt while increasing the amount of a new bond sale announced Tuesday, the retail pharmacy chain said.

June 19, 2013
Rite Aid launches Wellness+ extension for seniors

Rite Aid is launching an extension to its Wellness+ loyalty card program aimed at elderly customers, the retail pharmacy chain said Wednesday.

June 19, 2013
Sears, Kmart president appointed to RILA board

A top executive of Sears and Kmart is among the retail executives appointed to the board of directors of a retail industry lobbying group.

June 19, 2013
Target's Canadian stores offer allergy advice for summer

Target Corp. is reaching out to Canadian customers preparing to send their children to summer camp with information and resources about allergies.

June 19, 2013
Three new Takeda diabetes drugs become available

Three new drugs for Type 2 diabetes made by Takeda Pharmaceutical have become available in pharmacies, the company said.

June 18, 2013
Ahold chief commercial officer to head global online, customer loyalty programs

Royal Ahold has hired Hanneke Faber as chief commercial officer as part of a new executive committee leadership structure that the Dutch supermarket operator said would allow it to accelerate its "reshaping retail" business strategy by simplifying governance structure and decision making.

June 18, 2013
Avella joins limited-distribution network for orally administered cancer drug

Avella Specialty Pharmacy will be included in the limited distribution network for a cancer drug made by Genentech, Avella said Tuesday.

June 18, 2013
FDA has collected more than $255 million in generic drug user fees

The Food and Drug Administration's Center for Drug Evaluation and Research has collected 84% of the fees it intends to collect this year under a law passed last year to collect user fees from generic drug members, according to a memo sent out to CDER staff Tuesday.

June 18, 2013
Healthcare spending growth to drop next year, PwC report finds

Spending on health care will slow down in 2014 despite a flood of new patients who will have insurance, according to a new study.

June 18, 2013
More companies focus on innovation, marketing, report finds

Consumer packaged goods companies and retailers that sell their products have managed to stay strong despite economic difficulty, according to a new report.

June 18, 2013
Mylan hires NFL player, TV personality to promote EpiPen

A division of Mylan is hiring NFL player Adrian Peterson and family expert Jo Frost to promote an emergency treatment for severe allergic reactions.

June 18, 2013
Royalty Pharma drops bid for Elan Corp.

Royalty Pharma will not buy Irish drug maker Elan Corp., the company said Tuesday.

June 18, 2013
Study finds double-digit growth in drug store loyalty programs

Memberships in drug store loyalty programs have grown by 45% over the past couple years to total more than 140 million, according to a new report.

June 18, 2013
Teva to acquire MicroDose for up to $165 million

Teva Pharmaceutical Industries will spend up to $165 million to buy a company developing a drug to prevent viral respiratory infections.

June 17, 2013
BioScrip to acquire CarePoint Partners for $223 million

BioScrip will acquire a Cincinnati-based home infusion company for $223 million, BioScrip said Monday.

June 17, 2013
J&J to buy Aragon Pharmaceuticals for up to $1 billion

Drug maker Johnson & Johnson plans to spend up to $1 billion to acquire a privately owned company developing a drug for prostate cancer.

June 17, 2013
Perrigo to acquire Fera's ophthalmic portfolio for up to $129 million

Perrigo Co. will pay up to $129 million to buy Fera Pharmaceuticals' portfolio of ophthalmic products, Perrigo said.

June 17, 2013
Rite Aid to refinance $400 million worth of debt

Rite Aid announced a new debt-refinancing plan, the second such plan in two weeks.

June 17, 2013
Supreme Court issues 'pay-for-delay' ruling

Patent settlements between brand and generic drug makers commonly referred to as "pay-for-delay" settlements are not necessarily against the law, the Supreme Court ruled Monday.

June 14, 2013
Ahold chains donate more than $4 million to schools, military-support groups

Ahold USA's supermarket banners have donated more than $4 million to charitable causes over the past week.

June 14, 2013
Kmart responds to 'Ship My Pants' ad parody deemed racist

Kmart got mixed, albeit largely positive reviews, from a couple of ads placed on YouTube, but many people are saying a recent parody of the ads goes too far, and it has attracted a response from the retailer.

June 14, 2013
New York-based company may acquire Elan Corp.

Irish drug maker Elan Corp. said Friday it was looking to sell itself off to a New York-based company that invests in drug royalties after rejecting a previous offer.

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