Content about Latest News

January 17, 2012

The main lobby representing pharmacy benefit managers is launching an advertising campaign amid scrutiny the industry has received lately from the public and lawmakers.

WASHINGTON — The main lobby representing pharmacy benefit managers is launching an advertising campaign amid scrutiny the industry has received lately from the public and lawmakers.

The Pharmaceutical Care Management Association announced Tuesday the launch of its new "That's What PBMs Do" ad campaign, which includes print and video ads that focus on what the PCMA called PBMs' role in reducing pharmacy costs, Medicare Part D and mail-order pharmacy.

January 17, 2012

A late-stage clinical trial to evaluate a drug in Alzheimer's disease patients came up short, the drug's developers said Tuesday.

NEW YORK — A late-stage clinical trial to evaluate a drug in Alzheimer's disease patients came up short, the drug's developers said Tuesday, prompting them to cease its development.

Pfizer and Medivation announced results of the phase-3 "CONCERT" trial of Dimebon (latrepirdine), a trial that had lasted 12 months and enrolled 1,003 patients worldwide. The drug, which the companies have studied since 2009, was originally developed by Soviet Union scientists in the 1980s as an antihistamine.

January 17, 2012

Royal Bank of Canada and Shoppers Drug Mart are launching a nationwide program that makes it more convenient for Canadians to bank and earn rewards at Shoppers Drug Mart/Pharmaprix locations throughout the country.

TORONTO — Royal Bank of Canada and Shoppers Drug Mart are launching a nationwide program that makes it more convenient for Canadians to bank and earn rewards at Shoppers Drug Mart/Pharmaprix locations throughout the country.

January 17, 2012

ShopperTrak reported Monday that national retail sales, when compared with the same period last year, rose 3.5% during November and December, while foot traffic decreased 3.1%.

NEW YORK — ShopperTrak reported Monday that national retail sales, when compared with the same period last year, rose 3.5% during November and December, while foot traffic decreased 3.1%.

January 17, 2012

U.S. shoppers believed that the economy improved in the last six months of 2011 and that growth will continue through the first six months of 2012, but many remain cautious with their spending, according to SymphonyIRI's fourth quarter 2011 MarketPulse survey.

CHICAGO — U.S. shoppers believed that the economy improved in the last six months of 2011 and that growth will continue through the first six months of 2012, but many remain cautious with their spending, according to SymphonyIRI's fourth quarter 2011 MarketPulse survey.

January 17, 2012

Walgreens’ Take Care Health Systems, which operates more than 350 clinics inside select Walgreens locations across the country, has announced that patients now can schedule appointments online or in the clinic.

DEERFIELD, Ill. — Walgreens’ Take Care Health Systems, which operates more than 350 clinics inside select Walgreens locations across the country, has announced that patients now can schedule appointments online or in the clinic.

January 17, 2012

A committee formed by Taro Pharmaceutical Industries in December is continuing to evaluate an acquisition offer by India-based Sun Pharmaceutical Industries, Taro said.

HAIFA BAY, Israel — A committee formed by Taro Pharmaceutical Industries in December is continuing to evaluate an acquisition offer by India-based Sun Pharmaceutical Industries, Taro said.

Sun is hoping to acquire Israel-based Taro for $24.50 per share.

The committee, comprising members of the company's board of directors, has brought on Citigroup Global Markets as its financial adviser and is receiving legal advice from Israeli legal firm Goldfarb Seligman & Co. and U.S. firm Willkie Farr & Gallagher.

January 17, 2012

An analysis conducted by ECRM of retailers’ ad circulars during 2011 showed some familiar names dominated the list of top promoted brands and revealed some interesting movements among others.

SOLON, Ohio — An analysis conducted by ECRM of retailers’ ad circulars during 2011 showed some familiar names dominated the list of top promoted brands and revealed some interesting movements among others.

The ECRM report showed use of circular print ads grew by 5.5% in 2011 despite increased activity overall in the areas of online, mobile and social.

January 17, 2012

Beauty brand Too Faced Cosmetics has announced a new investment partner, Weston Presidio.

LOS ANGELES — Beauty brand Too Faced Cosmetics has announced a new investment partner, Weston Presidio.

January 17, 2012

Walmart has named a replacement for Eduardo Castro-Wright, who announced his pending retirement in September. The company announced that Neil Ashe is the new president and CEO of the company's global e-commerce business, effective Jan. 16. Castro-Wright will assist in the transition.

SAN BRUNO, Calif. — Walmart has named a replacement for Eduardo Castro-Wright, who announced his pending retirement in September. The company announced that Neil Ashe is the new president and CEO of the company's global e-commerce business, effective Jan. 16. Castro-Wright will assist in the transition.

Ashe is replacing Eduardo Castro-Wright who announced his pending retirement in September and will assist in the transition.

January 16, 2012

The U.S. division of an Amsterdam-based supermarket conglomerate has tapped NCR for a solution to manage the stores' offers and promotions to customers.

DULUTH, Ga. — The U.S. division of an Amsterdam-based supermarket conglomerate has tapped NCR for a solution to manage the stores' offers and promotions to customers.

January 16, 2012

AisleBuyer has unveiled the latest edition of its commerce platform and self-checkout application.

NEW YORK — AisleBuyer has unveiled the latest edition of its commerce platform and self-checkout application.

AisleBuyer CEO Andrew Paradise said the platform upgrade of mShop "was designed to meet the needs of retailers at any stage of mobile commerce development." The company said the latest edition of mShop, which debuts at the National Retail Federation Show this week, includes such upgrades as:

January 16, 2012

Dove is pairing its chocolate with a new bite-sized candy that combines taste and texture.

HACKETTSTOWN, N.J. — Dove is pairing its chocolate with a new bite-sized candy that combines taste and texture.

New Dove chocolate-covered raisins and peanuts is the latest "hand to mouth" candy from the brand, which will debut on store shelves this spring for a suggested retail price of $3.49 for a 5-oz. bag.

The launch will be supported by a creative, multifaceted marketing campaign, including print, broadcast, online/social media, consumer promotions, in-store and shopper marketing.

January 16, 2012

CVS/pharmacy's ExtraCare Rewards program now enables ExtraCare cardholders to send their quarterly ExtraBucks Rewards to their ExtraCare cards, eliminating the need for shoppers to carry paper rewards into their local CVS/pharmacy.

WOONSOCKET, R.I. — CVS/pharmacy's ExtraCare Rewards program now enables ExtraCare cardholders to send their quarterly ExtraBucks Rewards to their ExtraCare cards, eliminating the need for shoppers to carry paper rewards into their local CVS/pharmacy.

January 16, 2012

The Food and Drug Administration's latest message to consumers and healthcare professionals seems like a no-brainer: "Insulin pens are not for sharing."

SILVER SPRING, Md. — The Food and Drug Administration's latest message to consumers and healthcare professionals seems like a no-brainer: "Insulin pens are not for sharing."

But the agency said it knew of two undisclosed hospitals that it said had reused the cartridge components of insulin pens in administering insulin to more than 2,000 patients, though the hospitals reportedly changed the pens themselves.

January 16, 2012

The Food and Drug Administration has finished and sent to Congress its recommendations for a proposed Generic Drug User Fee Act, drawing praise from the generic drug industry.

WASHINGTON — The Food and Drug Administration has finished and sent to Congress its recommendations for a proposed Generic Drug User Fee Act, drawing praise from the generic drug industry.

GDUFA calls for the generic industry to pay $299 million per year for five years, in addition to what Congress gives the FDA. The money would come in the form of user fees for companies that submit regulatory approval applications to the agency for review.

January 16, 2012

Jelly Belly is expanding its Chocolate Dips line to include a new sweet flavor.

FAIRFIELD, Calif. — Jelly Belly is expanding its Chocolate Dips line to include a new sweet flavor.

The company said its strawberry flavor will be available in a 2.8-oz. bag, building on the brand's line of convenient smaller bag sizes.

The family of Jelly Bean Chocolate Dips includes coconut, mint, orange, raspberry and Very Cherry flavors.

January 16, 2012

Jolly Rancher has paired together crunchy and chewy textures with its new fruit candy.

HERSHEY, Pa. — Jolly Rancher has paired together crunchy and chewy textures with its new fruit candy.

January 16, 2012

After announcing patent infringement suits against Apple and HTC related to its digital imaging technology, Kodak also announced it filed a similar lawsuit against Fujifilm.

ROCHESTER, N.Y. — After announcing patent infringement suits against Apple and HTC related to its digital imaging technology, Kodak also announced it filed a similar lawsuit against Fujifilm.

Kodak said the complaint was filed in the U.S. District Court for the Western District of New York and was related to U.S. Patent Nos. 5,493,335; 6,292,218; 6,573,927; 6,441,854; and 5,164,831.

January 16, 2012

Mintel Group, a supplier of consumer, product and media intelligence, has named Katie Gross as VP beauty and personal care division for the United States and Canada, based in Chicago.

CHICAGO — Mintel Group, a supplier of consumer, product and media intelligence, has named Katie Gross as VP beauty and personal care division for the United States and Canada, based in Chicago.

This new position will report to Jane Henderson, global president of the beauty and personal care division.

As VP America and Canada, Gross will direct the published and custom business. Her experience includes the beauty industry and consumer research. Gross rejoins Mintel from Toluna, a global online panel company.

January 16, 2012

Dietary supplement brand Nature Made has tapped a new advertising agency to lead all brand positioning and integrated marketing for the company.

SAN FRANCISCO — Dietary supplement brand Nature Made has tapped a new advertising agency to lead all brand positioning and integrated marketing for the company.

Nature Made said Amazon Advertising would serve as the company's new agency of record. Amazon Advertising, Nature Made said, will be responsible for creating national advertising campaigns that incorporate both traditional and digital media. The agency's clients include such brands as Kashi, Bear Naked, P&G's Naturella brand and Yogi Tea.

January 16, 2012

NCR announced Monday the introduction of a point-of-sale system that will allow independent retailers to manage transactions, track sales and inventory, process credit cards and market to customers on both touchscreen terminals and Apple mobile devices.

DULUTH, Ga. — NCR announced Monday the introduction of a point-of-sale system that will allow independent retailers to manage transactions, track sales and inventory, process credit cards and market to customers on both touchscreen terminals and Apple mobile devices.

The system is a cloud-based platform that NCR said would give independent retailers a multichannel "sell anywhere" capability.

January 16, 2012

Mark Feldstein and Associates has introduced a new line of holiday clocks that feature images captured by animal photographer Keith Kimberlin.

TOLEDO, Ohio — Mark Feldstein and Associates has introduced a new line of holiday clocks that feature images captured by animal photographer Keith Kimberlin.

The Keith Kimberlin puppy and kitty Christmas carol clocks are 8-in. clock dials that feature puppy and kitten images and 12 traditional carols, one played at the top of each hour.

January 16, 2012

Retail industry sales are expected to rise, albeit not at the same pace as 2011, according to the National Retail Federation.

NEW YORK — Retail industry sales are expected to rise, albeit not at the same pace as 2011, according to the National Retail Federation.

Retail industry sales will rise 3.4% to $2.53 trillion, NRF said, compared with a pace of 4.7% in the year-ago period. The expected slowdown in consumer spending, NRF said, will be influenced by a number of factors, including stalled unemployment rate and lack of newly-created jobs. But despite the lower projection, the industry is expected to garner stronger numbers than other industries, NRF said.

January 16, 2012

As part of the company's "Renew You" events this year, Pharmaca Integrative Pharmacy on Wednesday launched its first annual 30-day weight management challenge.

BOULDER, Colo. — As part of the company's "Renew You" events this year, Pharmaca Integrative Pharmacy on Wednesday launched its first annual 30-day weight management challenge. The challenge features 10 participants, who will receive private consultations with Pharmaca practitioners around nutrition and exercise advice, and a one-month supply of one-of-three healthy weight management supplements — Natural Factors’ PGX, Genuine Health’s Lean+ Extra Strength or Natural Factors’ conjugated linoleic acid.