Content about president and CEO

WASHINGTON — Some people liked President Barack Obama's State of the Union address Tuesday night, and some people didn't, and the response from the drug industry was no less mixed.

The Generic Pharmaceutical Association called for measures to lower healthcare costs, including ensuring that generic pharmaceuticals and biosimilars reach patients' hands quickly and also avoiding measures intended to provide savings that the GPhA said would raise prescription drug costs, though the grow didn't specify what those measures were.

MCLEAN, Va. — Unexpected toxicities from prescription drugs that emerge years after regulatory approval may be due to poor medication adherence in clinical trials, according to a new study.

While much attention on medication adherence has focused on patients not taking the already approved drugs prescribed to them or not taking them properly, the new study, released Tuesday by Consumer Health Information, found problems with adherence in clinical trials as well.

DEERFIELD, Ill. — Walgreens on Tuesday announced that the Walgreens Way to Well Health Tour with AARP will continue through 2013. The program is dedicated to providing free preventive and early detection health services to some of the nation's most underserved communities. Now through December, the tour will provide free tests, assessments, education and consulting services to communities located predominantly in cities with the highest prevalence for leading diseases and highest uninsured and unemployed populations.

EAST RUTHERFORD, N.J. — CCA Industries, a manufacturer of health and beauty aids, announced on Monday the sudden death of president and CEO Dunnan D. Edell.

The board of directors has asked David Edell, the former CEO and founder of the company, who retired at the end of 2011, to accept the position of CEO at this time. 

During its fourth quarter conference call on Wednesday, CVS Caremark officially unveiled its foray into the international drug store space with the acquisition of Brazilian retailer Onofre, the eighth-largest drug chain in Brazil.

Now that the other shoe has dropped, what's next?

While chains are prevalent, Brazil remains a highly fragmented market that is clearly ripe with opportunities thanks, in part, to an aging population, a decline in unemployment and a rise in incomes.

TORONTO — Despite continuing to face regulatory headwinds in the Canadian market, executives at Canadian pharmacy retailer Shoppers Drug Mart were “pleased” with fourth-quarter results and indicated that the company will continue to pursue acquisition opportunities.

WOONSOCKET, R.I. — CVS Caremark executives expressed optimism Wednesday morning as the company posted record fourth-quarter results, raised its 2013 guidance and continues to work to leverage its distinctive business model to help people on their path to better health amid a rapidly changing healthcare environment.

FORT LAUDERDALE, Fla. — National Association of Chain Drug Stores president and CEO Steve Anderson pledged to be proactive in advocating for pharmacy in the organization's 80th year.

Speaking at the NACDS' Regional Chain Conference Monday, Anderson said pharmacy stood at an "inflection point," with many more on the horizon.

FORT LAUDERDALE, Fla. — To put Walgreens president and CEO Greg Wasson's speech at the National Association of Chain Drug Stores' Regional Chain Conference on Monday into perspective, one may consider that pharmacists today are the leading providers of immunizations and vaccinations, whereas five years ago, they weren't involved at all.

Wasson, NACDS' current chairman, focused on the themes of innovation and engagement, citing immunizations and vaccinations as examples that "people are ready for community pharmacy to take on a greater role."

SCOTTSDALE, Ariz. — AirWare Labs Corp. on Monday announced it will expand its sales and promotional marketing efforts of the AIR Allergy product in addition to the Sleep/Snore product as part of its continued commitment to a national rollout.

Washington, D.C. — Retail industry sales (which exclude automobiles, gas stations and restaurants) will increase 3.4%, down slightly from 4.2% in 2012 and 5.8% in 2011, according to the National Retail Federation’s 2013 economic forecast.

The lukewarm forecast, released Monday, comes on the heels of a holiday season that went head-to-head with Washington’s political wrangling over fiscal concerns, shifting consumers’ spending plans downward. In the end, holiday sales in 2012 grew 3.0%.