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August 27, 2012
Ahold sees boost in Q1, H1 sales

Royal Ahold's U.S. subsidiary saw net sales rise 3.4% in light of challenging market conditions, the retailer reported last week.

AMSTERDAM — Royal Ahold's U.S. subsidiary saw net sales rise 3.4% in light of challenging market conditions, the retailer reported last week.

August 23, 2012
J&J, GSK start phase-3 trial program for rheumatoid arthritis drug

A division of Johnson & Johnson has started a late-stage clinical trial program for a drug for rheumatoid arthritis under a partnership with British drug maker GlaxoSmithKline.

SPRING HOUSE, Pa. — A division of Johnson & Johnson has started a late-stage clinical trial program for a drug for rheumatoid arthritis under a partnership with British drug maker GlaxoSmithKline.

August 20, 2012
Giant-Carlisle introduces healthy-food checkout lanes

Eight supermarkets in the Richmond, Va., area are using one of the most important parts of the store to promote healthy eating: the checkout lane.

RICHMOND, Va. — Eight supermarkets in the Richmond, Va., area are using one of the most important parts of the store to promote healthy eating: the checkout lane.

Martin's Food Markets, part of the Ahold USA's Giant-Carlisle chain, announced it had partnered with the Richmond City Health District and Greater Richmond Fit4Kids in launching "Healthy Ideas" checkout lanes at the stores. Items will include fruit, nuts, snack packs from the store's Nature's Promise natural and organic section, nutrition bars and 100% fruit juice.

August 20, 2012
PharmaSmart, Microlife partner to provide integrated screening system

PharmaSmart International and Microlife will offer an integrated assessment of cardiovascular health risk factors to healthcare providers under a new partnership between the companies.

ROCHESTER, N.Y. — PharmaSmart International and Microlife will offer an integrated assessment of cardiovascular health risk factors to healthcare providers under a new partnership between the companies.

August 20, 2012
Supervalu names new president of its DC/Baltimore Shoppers division

Supervalu on Monday announced Robert Bly will join the company as president of Shoppers, a 56-store division in the Baltimore/Washington, D.C., market.

MINNEAPOLIS — Supervalu on Monday announced Robert Bly will join the company as president of Shoppers, a 56-store division in the Baltimore/Washington, D.C., market.

Bly is expected to begin his new role on Aug. 22 and will report to Chuck Elias, SVP retail operations. Bly replaces Tim Lowe, who recently accepted a new leadership role in Supervalu's merchandising organization.

August 17, 2012
Millennium Pharmacy Systems appoints former CVS/pharmacy director as SVP operations

A former CVS executive has been appointed to a top position at a company that provides pharmacy services to the long-term care industry.

CHICAGO — A former CVS executive has been appointed to a top position at a company that provides pharmacy services to the long-term care industry.

Millennium Pharmacy Systems announced the appointment of A. James Newell as SVP operations. Newell started the new position Monday.

Most recently, Newell was the founder and CEO of the Newell Group and was COO of Quality Partners of Rhode Island, a Medicare quality-improvement organization. He previously served as director of pharmacy programs at CVS.

 

August 14, 2012
Kinney Drugs acquires four independent pharmacies

Regional player Kinney Drugs has snapped up four independent pharmacies located in central New York and Vermont, bringing its total store count to 94.

GOUVERNEUR, N.Y. — Regional player Kinney Drugs has snapped up four independent pharmacies located in central New York and Vermont, bringing its total store count to 94.

Financial terms of the deal were not disclosed.
 

August 13, 2012
Sun to take Taro private

Sun Pharmaceutical Industries will take Taro Pharmaceutical Industries private, under a merger agreement between the two companies announced Sunday.

MUMBAI, India — Sun Pharmaceutical Industries will take Taro Pharmaceutical Industries private, under a merger agreement between the two companies announced Sunday.

Sun, based in India, has sought to buy Israel-based Taro since 2007 and owns about 77.5% of the latter's shares.

After the merger is complete, Taro will become a privately held company and wholly owned subsidiary of Sun. Taro shareholders will receive $39.50 per share.

August 10, 2012
BioScrip reports Q2 revenue jump

BioScrip on Wednesday posted $155.9 million in second-quarter revenue, up 18.5% compared with the prior year.

ELMSFORD, N.Y. — BioScrip on Wednesday posted $155.9 million in second-quarter revenue, up 18.5% compared with the prior year.

"The second-quarter results demonstrate our progress in executing on our strategic plan," BioScrip president and CEO Rick Smith said. "We were able to close on the divestiture of the noncore pharmacy services assets and redeploy a portion of the proceeds towards the acquisition of InfuScience, while delivering sequential improvement on our adjusted EBITDA."

August 10, 2012
Walgreens hosts Mobile Photo Hack Day

Walgreens on Saturday will be hosting its first Mobile Photo Hack Day — a contest among mobile photo application developers in creating a "groundbreaking" application using Walgreens' QuickPrints SDK.

CHICAGO — Walgreens on Saturday will be hosting its first Mobile Photo Hack Day — a contest among mobile photo application developers in creating a "groundbreaking" application using Walgreens' QuickPrints SDK.

All entries will be reviewed by a panel of notable judges:

  • Kobie Hatcher, solutions director at AIM Consulting, a technology solutions and services company providing resources in flexible configurations;

August 8, 2012
Bristol-Myers Squibb purchase of Amylin mostly complete, company says

Bristol-Myers Squibb has bought a majority stake in drug maker Amylin Pharmaceuticals, Bristol said Wednesday.

NEW YORK — Bristol-Myers Squibb has bought a majority stake in drug maker Amylin Pharmaceuticals, Bristol said Wednesday.

The New York-based drug maker said that 140.5 million shares of Amylin had been put up for sale at $31 per share, and that it now owned 85.55% of the San Diego-based company. Bristol said it planned to acquire the rest of Amylin's shares Wednesday as well.

August 8, 2012
Cardinal donates nearly $1 million in scholarships

Healthcare company Cardinal Health is donating almost $1 million to university pharmacy programs across the country.

DUBLIN, Ohio — Healthcare company Cardinal Health is donating almost $1 million to university pharmacy programs across the country.

Cardinal, based in Dublin, Ohio, said the donations were part of the Cardinal Health Pharmacy Scholarship Program, which it launched in June 2011 and which has donated more than $2.1 million to 20 universities.

August 7, 2012
Walmart Foundation empowers women with new partnerships

The Walmart Foundation, alongside six women's foundations — The Washington Area Women's Foundation, The New York Women's Foundation, Women's Fund of Mississippi, Women's Foundation of Minnesota, Women's Foundation for a Greater Memphis and the Women's Funding Network — has launched the Partnership for Women's Prosperity.

BENTONVILLE, Ark. — The Walmart Foundation, alongside six women's foundations — The Washington Area Women's Foundation, The New York Women's Foundation, Women's Fund of Mississippi, Women's Foundation of Minnesota, Women's Foundation for a Greater Memphis and the Women's Funding Network — has launched the Partnership for Women's Prosperity.

August 6, 2012
Year 2012 proving to be significant year for convenient care industry

At the start of the year, Drug Store News predicted that 2012 would be a significant year for the convenient care industry as retail-based health clinics gear up for expansion and move closer to version 2.0. Well, that prediction is ringing true.

WHAT IT MEANS AND WHY IT'S IMPORTANT — At the start of the year, Drug Store News predicted that 2012 would be a significant year for the convenient care industry as retail-based health clinics gear up for expansion and move closer to version 2.0. Well, that prediction is ringing true.

(THE NEWS: Mass. lawmakers pass healthcare bill that expands use of limited-service clinics. For the full story, click here)

August 3, 2012
Craig Gourley joins Shopko

Shopko announced that a former JCPenney executive has joined the company.

GREEN BAY, Wis. — Shopko announced that a former JCPenney executive has joined the company.

Shopko said Craig Gourley will serve as its new SVP and general merchandise manager of home and hardlines. Gourley will be responsible for overseeing all aspects of merchandising for the home division, including developing strategies, negotiation of vendor partnerships and managing the buying team. He will report to EVP and chief merchandising officer Jill Soltau.

July 30, 2012
Rite Aid leverages Wellness in comeback

Everybody loves a comeback story, and it looks as though the pharmacy retail industry has one of its own in the making as Rite Aid’s latest earnings report showed another strong quarter for the Camp Hill, Pa.-based chain, which has been steadily growing its sales and narrowing its losses for several quarters already.


Everybody loves a comeback story, and it looks as though the pharmacy retail industry has one of its own in the making as Rite Aid’s latest earnings report showed another strong quarter for the Camp Hill, Pa.-based chain, which has been steadily growing its sales and narrowing its losses for several quarters already.


July 27, 2012
HBA executive Gary Burns passes away

Gary J. Burns, 74, of Lake Forest, Ill., and Naples, Fla., passed away July 24. He was born Feb. 7, 1938, in Saginaw, Mich. Burns served in the U.S. Army and then embarked upon a long and successful career in the health and beauty aids industry.

NEW YORK — Gary J. Burns, 74, of Lake Forest, Ill., and Naples, Fla., passed away July 24. He was born Feb. 7, 1938, in Saginaw, Mich. Burns served in the U.S. Army and then embarked upon a long and successful career in the health and beauty aids industry.

July 26, 2012
APhA names president-elect

The American Pharmacists Association has a new president-elect, the group said Thursday.

WASHINGTON — The American Pharmacists Association has a new president-elect, the group said Thursday.

The APhA announced the election of Matthew Osterhaus, who will succeed Steven Simenson at the conclusion of the 2014 APhA Annual Meeting and Exposition in Orlando, Fla., on March 31, 2014. Osterhaus is the co-owner of Osterhaus Pharmacy in Maquoketa, Iowa, and an APhA trustee.

July 23, 2012
Blu Pharmaceuticals names Joe Dombrowski VP corporate development

Blu Pharmaceuticals has named Joe Dombrowski to the newly created position of VP corporate development, the company said.

FRANKLIN, Ky. — Blu Pharmaceuticals has named Joe Dombrowski to the newly created position of VP corporate development, the company said.

Blu, based in Franklin, Ky., said Dombrowski will be responsible for strategic planning and business development, including mergers and acquisitions. Blu was founded in 2006.

Dombrowski previously worked as senior director for strategic planning and business development for Kremers Urban Pharmaceuticals.

July 23, 2012
FDA approves blood cancer drug

The Food and Drug Administration has approved a new drug for treating multiple myeloma, the agency said Friday.

SILVER SPRING, Md. — The Food and Drug Administration has approved a new drug for treating multiple myeloma, the agency said Friday.

July 17, 2012
Duane Reade, Mission Electric partner on green transportation initiative

In an effort to curb vehicle air pollution, Manhattan-based retailer Duane Reade, which is owned by Walgreens, has teamed up with Mission Electric to create a public outreach campaign to determine which of its stores should be served solely by electric trucks.

NEW YORK — In an effort to curb vehicle air pollution, Manhattan-based retailer Duane Reade, which is owned by Walgreens, has teamed up with Mission Electric to create a public outreach campaign to determine which of its stores should be served solely by electric trucks.

July 16, 2012
Par subsidiary gets FDA nod for hypertension drug

A subsidiary of Par Pharmaceutical Cos. acquired earlier this year has received its first Food and Drug Administration approval.

WOODCLIFF LAKE, N.J. — A subsidiary of Par Pharmaceutical Cos. acquired earlier this year has received its first Food and Drug Administration approval.

Par said Par Formulations received approval from the FDA for labetalol hydrochloride tablets in the 100-mg, 200-mg and 300-mg strengths. The drug, a generic version of Prometheus Labs' Trandate, is used to treat hypertension.

Par acquired Par Formulations, formerly the Chennai, India-based drug maker Edict Pharmaceuticals, in February 2012.

July 13, 2012
Federal court rules in favor of Innovation Associates in 2006 patent-infringement case

A federal judge has ruled in favor of pharmacy technology manufacturer Innovation Associates in a 6-year-old case brought by ScriptPro concerning a component of one of Innovation's dispensing robots, the companies said.

NEW YORK — A federal judge has ruled in favor of pharmacy technology manufacturer Innovation Associates in a 6-year-old case brought by ScriptPro concerning a component of one of Innovation's dispensing robots, the companies said.

July 12, 2012
Giant-Carlisle sponsors healthy eating event for kids

A Giant-Carlisle store in Pennsylvania will sponsor an event to teach kids about healthy eating.

CARLISLE, Pa. — A Giant-Carlisle store in Pennsylvania will sponsor an event to teach kids about healthy eating.

Giant Food Stores, the Ahold USA-owned chain based in Carlisle, Pa., said it would sponsor the "Kid Healthy Ideas Nutrition Express" on Friday morning and again on the morning of Aug. 22 at a store in Camp Hill, Pa.

An in-store nutritionist will teach kids how to make snack mix, breakfasts and healthy desserts, as well as teach them about the dangers of sugary drinks.

July 9, 2012
BioRx acquires Minn. bleeding-disorder pharmacy

Specialty pharmacy provider BioRx has acquired another specialty pharmacy provider based in Minnesota, BioRx said Monday.

CINCINNATI — Specialty pharmacy provider BioRx has acquired another specialty pharmacy provider based in Minnesota, BioRx said Monday.

BioRx, based in Cincinnati and specializing in such bleeding disorders as hemophilia, announced the purchase of Savage, Minn.-based Coagulife, which provides similar services.