Content about Illinois

DEERFIELD, Ill. — The deal that paired Walgreens and Alliance Boots with wholesaler AmerisourceBergen has received the required regulatory clearances, the companies announced Friday. 

The regulatory clearances permit both Walgreens and Alliance Boots the purchase of up to 7% of the fully diluted equity of AmerisourceBergen in the open market, and the exercise of two warrants for 16% in the aggregate of the fully diluted equity of AmerisourceBergen in 2016 and 2017. 

 DEERFIELD, Ill. — Walgreens on Monday extended its agreement as a network pharmacy provider in the CVS Caremark pharmacy benefit management national retail network. The companies are not disclosing the financial and other confidential terms of the agreement.

HOFFMAN ESTATES, Ill. — Sears Holdings has appointed Jeff Balagna as EVP and chief information officer, the Kmart parent company said Thursday.

Balagna was previously chief information officer for drug maker Eli Lilly and will be responsible for Sears Holdings' technology and infrastructure initiatives in its support centers and in-store.

DEERFIELD, Ill. — Japanese drug maker Takeda Pharmaceutical Co. will buy Fort Collins, Colo.-based vaccine maker Inviragen for up to $250 million, the two companies said Wednesday.

DEERFIELD, Ill. — A Walgreens survey released Tuesday found that 37% of Medicare Part D beneficiaries have daily concerns about their prescription drug costs, and 1-in-5 say they’ve had to make sacrifices, such as delaying filling a prescription or skipping doses, to help manage medication costs.

That's almost 11.7 million seniors. 

DEERFIELD, Ill. — Walgreens on Friday posted April sales of $6 billion, an increase of 3.8% as compared to the same month in fiscal 2012. 

Total front-end sales decreased 2.9%, while comparable store front-end sales decreased 4.3%. Customer traffic in comparable stores decreased 5.9% while basket size increased 1.6%.

STERLING, Ill. — The vast majority of mothers experience pain throughout their bodies, according to a new survey.

The survey, commissioned by electric massager maker Wahl Clipper Corp. and conducted by Harris Interactive, found that 84% of mothers experience pain. This includes 80% who experience lower back pain, 76% with shoulder and neck pain, 70% with upper back pain and 65% with joint pain. The survey included 2,000 men and women, including 300 mothers with children younger than 18, who were asked about their pain and how they cope with it.

CHAUMBURG, Ill., and SOPHIA ANTIPOLIS, France — Galderma, whose brands include Cetaphil, and The American Academy of Dermatology have announced the creation of the American Academy of Dermatology Translational Biotechnology Fellowship.

HOFFMAN ESTATES, Ill. — An armed robber allegedly stole sensitive electronic information on pharmacy customers from a Kmart store in Little Rock, Ark., last month, the mass merchandise retailer said.

LAKE FOREST, Ill. — Generic drug maker Hospira has appointed Matt Stober as its SVP operations, the company said.

Stober, who began working for Hospira in 2011 as corporate VP U.S. pharmacy operations, will have expanded leadership over all the company's drug manufacturing, as well as manufacturing science and technology, engineering, competitive strategy, health and safety, supply chain and procurement. Stober succeeds John Elliot, who has led operations since April 2012 and will provide continuity of support until he retires at the end of the year.

WASHINGTON — Generic makers heralded the fiscal year 2014 budget proposed last week by the Obama administration for its embrace of generic drugs, but were critical of its provisions on patent settlements and rebates.