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December 14, 2011

Ric Jurgens, chairman and CEO of Midwestern supermarket chain Hy-Vee, will retire on June 1, the company said Wednesday.

WEST DES MOINES, Iowa — Ric Jurgens, chairman and CEO of Midwestern supermarket chain Hy-Vee, will retire on June 1, the company said Wednesday.

Jurgens, 62, began working for Hy-Vee 42 years ago while a student at Iowa State University, taking a full-time position after his graduation. In 1995, he was named SVP and chief administrative officer, becoming president in 2001, CEO in 2003 and chairman in 2006. Jurgens said he will ask the company's board of directors to elect president and COO Randy Edeker as chairman and CEO.

December 5, 2011

Following the settlement of a patent-litigation suit with Swiss drug maker Novartis over the patch Vivelle-Dot (estradiol transdermal system), a drug for treating symptoms of menopause, Mylan said it had received a patent license to begin selling its version of the drug in December 2013.


SUPPLIER NEWS — Following the settlement of a patent-litigation suit with Swiss drug maker Novartis over the patch Vivelle-Dot (estradiol transdermal system), a drug for treating symptoms of menopause, Mylan said it had received a patent license to begin selling its version of the drug in December 2013.


The Pittsburgh-based generic drug maker was the first to file for regulatory approval of the drug with the Food and Drug Administration, and as such will be entitled to 180 days of 
market exclusivity.


November 22, 2011

Generic drug maker Par Pharmaceutical has promoted Thomas Haughey to president and Paul Campanelli to COO, the company said. The promotions take effect immediately.

WOODCLIFF LAKE, N.J. — Generic drug maker Par Pharmaceutical has promoted Thomas Haughey to president and Paul Campanelli to COO, the company said. The promotions take effect immediately.

"With the acquisition of Anchen and the pending acquisition of Edict, Par is becoming a larger and more complex organization with three diverse locations and more than 300 additional employees," Par chairman and CEO Patrick LePore said. "These new challenges and opportunities require a president and COO to effectively manage the company and its subsidiaries."

November 18, 2011

Par Pharmaceutical has completed its acquisition of Anchen Pharmaceuticals, the generic drug maker said.

WOODCLIFF LAKE, N.J. — Par Pharmaceutical has completed its acquisition of Anchen Pharmaceuticals, the generic drug maker said.

Par announced plans in August to acquire Irvine, Calif.-based Anchen for $410 million, consisting of a loan and cash it already had.

A privately owned company, Anchen has about 200 employees and more than 72,000 sq. ft. of manufacturing and warehouse space, Par said.

November 16, 2011

Walgreens took to the road the week before Thanksgiving to talk turkey with analysts on why Walgreens is a good bet going into 2012, even if the pharmacy won't be participating in the Express Scripts pharmacy network this coming year.

NEW YORK — Walgreens took to the road the week before Thanksgiving to talk turkey with analysts on why Walgreens is a good bet going into 2012, even if the pharmacy won't be participating in the Express Scripts pharmacy network this coming year.

November 10, 2011

L’Oréal USA has announced that it plans to acquire Pacific Bioscience Labs, the innovator of sonic skin care technology.

NEW YORK and REDMOND, Wash. — L’Oréal USA has announced that it plans to acquire Pacific Bioscience Labs, the innovator of sonic skin care technology.

Established in 2001, PBL developed its patented technology, enabling a series of products under the Clarisonic brand that redefined consumers’ approach to skin care. These include the Clarisonic Classic, Clarisonic Mia, Clarisonic PLUS and PRO, and the Clarisonic Opal Sonic Infusion System.

October 11, 2011

CVS Caremark’s MinuteClinic continues to evolve and play a greater role in the U.S. healthcare system as evidenced by its expanding footprint, broadening scope of service and growing roster of strategic affiliations.


CVS Caremark’s MinuteClinic continues to evolve and play a greater role in the U.S. healthcare system as evidenced by its expanding footprint, broadening scope of service and growing roster of strategic affiliations.


Since opening its doors in 2000, MinuteClinic has surpassed 10 million patient visits and remains on course to add about 100 clinics annually over the next five years — putting the clinic operator in an ideal position to play an important role in the U.S. healthcare system.


September 20, 2011

Rite Aid announced Tuesday that its charitable arm has donated funds and filtration masks to the American Red Cross to benefit ongoing relief and recovery efforts in communities across south central Pennsylvania that were affected by Tropical Storm Lee.

CAMP HILL, Pa. — Rite Aid announced Tuesday that its charitable arm has donated funds and filtration masks to the American Red Cross to benefit ongoing relief and recovery efforts in communities across south central Pennsylvania that were affected by Tropical Storm Lee.

The Rite Aid Foundation donated $15,000 to the south central Pennsylvania region of the American Red Cross, in addition to 10,000 filtration masks, as requested by the American Red Cross.

Rite Aid operates 71 pharmacies and employs more than 4,370 people in south central Pennsylvania.

August 22, 2011

The National Community Pharmacists Association last week delivered a letter to the Illinois Joint Committee on Administrative Rules opposing an Illinois Department of Healthcare and Family Services proposal to sharply decrease Medicaid reimbursements and “slow-walk” reimbursement payments.

ALEXANDRIA, Va. — The National Community Pharmacists Association last week delivered a letter to the Illinois Joint Committee on Administrative Rules opposing an Illinois Department of Healthcare and Family Services proposal to sharply decrease Medicaid reimbursements and “slow-walk” reimbursement payments.

The action could force more than 700 independent community pharmacies to shutter their doors, the NCPA stated.

August 22, 2011

Sharps Compliance on Monday announced that Walgreens will be the exclusive retailer for the company's Complete Needle Collection & Disposal System.

HOUSTON — Sharps Compliance on Monday announced that Walgreens will be the exclusive retailer for the company's Complete Needle Collection & Disposal System.

"When it comes to patient care and safety, this innovative disposal alternative can help provide a convenient option for patients," stated Suzanne Hansen, Walgreens group VP pharmacy operations. "Customers often ask about what to do with these types of needles, and now our pharmacists have another option to discuss with patients."

August 12, 2011

Watson Pharmaceuticals will build a drug warehouse and distribution center in Mississippi, the drug maker said Thursday.

PARSIPPANY, N.J. — Watson Pharmaceuticals will build a drug warehouse and distribution center in Mississippi, the drug maker said Thursday.

Watson said its Anda Distribution division would the $23.5 million, 234,000-sq.-ft. center in Olive Branch, Miss. The plant will employ 70 workers.

July 18, 2011

Rumors have been circulating that Walmart may be out to buy Rite Aid, though nothing has been confirmed yet, according to published reports.

NEW YORK — Rumors have been circulating that Walmart may be out to buy Rite Aid, though nothing has been confirmed yet, according to published reports.

July 14, 2011

The Colon Cancer Alliance’s Denver Undy 5000 5K run held at City Park last month had more than 1,300 people wearing underwear, boxer shorts or silly costumes helping to bring greater awareness to colon cancer, the second-leading cause of cancer death in the United States.

DENVER — The Colon Cancer Alliance’s Denver Undy 5000 5K run held at City Park last month had more than 1,300 people wearing underwear, boxer shorts or silly costumes helping to bring greater awareness to colon cancer, the second-leading cause of cancer death in the United States.

May 19, 2011

CVS Caremark's MinuteClinic division has announced a clinical collaboration with northern Virginia healthcare provider Inova Health System to enhance healthcare services provided in communities throughout Arlington, Fairfax, Fauquier, Loudoun and Prince William counties.

WOONSOCKET, R.I. — CVS Caremark's MinuteClinic division has announced a clinical collaboration with northern Virginia healthcare provider Inova Health System to enhance healthcare services provided in communities throughout Arlington, Fairfax, Fauquier, Loudoun and Prince William counties.

Inova operates a network of hospitals, outpatient services and healthcare centers that includes Inova Alexandria, Inova Fairfax, Inova Fair Oaks, Inova Loudoun and Inova Mount Vernon hospitals, and Inova Fairfax Hospital for Children.

April 25, 2011


Shopko’s story is sort of like a retailing version of “The Little Engine that Could.” Among mass merchandise retailers, it’s one of the smaller and less well-known chains, but that hasn’t stopped it from making its mark, particularly in new health-and-wellness and pharmacy initiatives.


April 20, 2011

Coty recently donated $100,000 to two humanitarian organizations involved in the earthquake relief efforts in Japan, the beauty company announced on Wednesday.

NEW YORK — Coty recently donated $100,000 to two humanitarian organizations involved in the earthquake relief efforts in Japan, the beauty company announced on Wednesday.

March 25, 2011

A group representing the nation's community pharmacies has applauded legislation introduced in Mississippi that will increase oversight over pharmacy benefit managers.

ALEXANDRIA, Va. — A group representing the nation's community pharmacies has applauded legislation introduced in Mississippi that will increase oversight over pharmacy benefit managers.

The National Community Pharmacists Association lauded Mississippi S.B. 2445 and expressed its support of the bill in a letter to state legislators. The bill, NCPA EVP and CEO Kathleen Jaeger said, "would end the special treatment for out-of-state, mail-order pharmacies and put local Mississippi pharmacists first."

January 13, 2011

Just days after announcing 2011 U.S. expansion plans, Target announced an acquisition in Canada that will enable it to open between 100 and 150 stores during the next four years.

MINNEAPOLIS — Just days after announcing 2011 U.S. expansion plans, Target announced an acquisition in Canada that will enable it to open between 100 and 150 stores during the next four years.

The company announced that it has agreed to pay C$1.83 billion to purchase from Zellers, a subsidiary of the Hudson's Bay Co., the leasehold interests in up to 220 sites currently operated by Zellers. This transaction will allow Target to open its first Target stores in Canada beginning in 2013.

January 11, 2011

The nation’s top independent pharmacy group is hailing a recent decision by a major corporation to maintain freedom of choice of where its employees fill their maintenance prescription medicines.

ALEXANDRIA, Va. — The nation’s top independent pharmacy group is hailing a recent decision by a major corporation to maintain freedom of choice of where its employees fill their maintenance prescription medicines.

The National Community Pharmacists Association today applauded BB&T's decision to reemphasize and continue its employees' choice in filling their maintenance prescriptions, including at independent community pharmacies. The revised policy was communicated to BB&T employees last week.

January 11, 2011

Supermarket chain Price Chopper will buy out an independent pharmacy in Malta, N.Y., according to media reports.

SCHENECTADY, N.Y. — Supermarket chain Price Chopper will buy out an independent pharmacy in Malta, N.Y., according to media reports.

News media in upstate New York reported that Price Chopper would buy Apple Community Pharmacy and hire all of its 15 employees.

The supermarket chain will operate its pharmacy at the same location as Apple and offer the same programs and services it offers at its own stores, pending completion of the pharmacy at its store in Malta.

 

January 10, 2011

Grocer Food City has inked a partnership with the University of Tennessee Medical Center to expand the Healthy Living Kitchen — a move that is expected to result in a significantly greater reach for Healthy Living Kitchen programs and educational efforts at schools, community events and Food City supermarkets throughout the region.

KNOXVILLE, Tenn. — Grocer Food City has inked a partnership with the University of Tennessee Medical Center to expand the Healthy Living Kitchen — a move that is expected to result in a significantly greater reach for Healthy Living Kitchen programs and educational efforts at schools, community events and Food City supermarkets throughout the region.

January 5, 2011

WHITESTONE, N.Y. — Call him “Stewie Rah Rah.” He doesn’t mind. Stewart Rahr, the man in the bright yellow sunglasses who led Kinray to become the nation’s top independently owned pharmaceutical wholesaler, soon will have more time for his other interests.

November 17, 2010

Biotech company Genzyme Corp. is selling its diagnostics business to Sekisui Chemical Co. for $265...

CAMBRIDGE, Mass. — Biotech company Genzyme is selling its diagnostics business to Sekisui Chemical for $265 million, Genzyme said Thursday.

 

Under the deal, Sekisui will purchase the diagnostics business’ assets, including product lines and technologies, and offer employment to its 575 employees while maintaining operations in all of its current locations.

 

 

October 24, 2010

In a move that wasn’t exactly a surprise to many industry observers, Unilever announced plans...

ROTTERDAM, Netherlands —In a move that wasn’t exactly a surprise to many industry observers, Unilever announced plans to acquire Alberto-Culver for $3.7 billion in cash, a deal that significantly will boost Unilever’s hair care portfolio.

September 26, 2010

Unilever is significantly boosting its hair care portfolio by acquiring Alberto-Culver for $3.7 billion in cash....

LONDON and ROTTERDAM, Netherlands Unilever is significantly boosting its hair care portfolio by acquiring Alberto-Culver for $3.7 billion in cash.