While the SLCPI reaffirms its commitment towards working closely with the MOH and the regulators in providing the best possible healthcare solutions to the citizens of Sri Lanka, the Chamber is also concerned about the repercussions of pharmaceutical products exiting the Lankan market.This eventuality could not only lead to patients being deprived
Fred's, Inc., a relatively small discount retailer and full service pharmacy chain, attracted investor attention on December 20 when it agreed to buy hundreds of stores and certain assets from Walgreens Boots Alliance Inc and Rite Aid Corporation for $950 million in cash. Fred's stock hit a multi-year high of $21.77 on December 20 after closing at
By a News Reporter-Staff News Editor at Biotech Week Marina Biotech, Inc., a biopharmaceutical company focused on the development and commercialization of innovative therapeutics for cancer and rare diseases, announced that Dr. Philippe P. Calais was elected to the Marina Biotech board of directors, which he will join effective January 1, 2017.
Fred's, Inc., the relatively small discount retailer and pharmacy chain, saw its market cap soar from $450 million to $1.3 billion on December 20 after the company announced a blockbuster deal in which it will buy more than 800 retail locations from Walgreens Boots Alliance Inc and Rite Aid Corporation for $950 million. In a surprising twist, the W
PLANS are said to be well-advanced to relocate the Co-op pharmacy on Scunthorpe's Westcliff estate. As part of the regeneration project by Ongo Homes and the local authority, the present Lincolnshire Co-op food store, post office and pharmacy in the Westcliff shopping precinct will be demolished. Meanwhile, Scunthorpe MP Nic Dakin, who has presente
It all started Tuesday, when Fred's said it would pay $950 million to buy 865 stores that Rite Aid needed to sell in order to appease anti-trust regulators and close its $9.4 billion buyout deal with Walgreens Boots Alliance Inc.. Its revenue last year was $2.2 billion, compared to Walgreens' $117.4 billion and Rite Aid's $30.7 billion. Fred's said
"We continued to lower prices, delivering more value to consumers," Galen G. Weston, chairman and CEO, said in a statement. Loblaw s Shoppers Drug Mart drugstore division reported same-store sales growth of 3.4%, with same-store pharmacy sales increasing by 2.5% and same-store front store sales increasing by 4.1%. Net earnings of $201 million in
With its purpose of helping people on their path to better health, CVS Pharmacy continues to ensure its own store brands demonstrate quality and innovation that match or exceed industry standards, while offering the best possible value. "We applaud CVS Pharmacy for working proactively to remove artificial trans fats from its store brands products
The National Association of Chain Drug Stores issued the following news release:. When pharmacy advocates visit their U.S. Senators and Representatives in Washington, D.C. as part of the National Association of Chain Drug Stores RxIMPACT Day on Capitol Hill, they will do so with record levels of participation and with a genuine offer to help advanc
As is the case in so many other walks of life, the business world is full of David and Goliath stories. Dawson's Pharmacy owner Wayne Dawson likes to say he was born into the world of independent pharmacies. The Goochland resident worked for both chain and independent drug stores before opening Dawson's Pharmacy in the Fairground Road shopping cent
Increase in punishment, fine and sweeping powers to inspectors in recently notified Punjab Drug Act caused manufacturers, wholesalers and retailers to come out on roads in protest. Manufacturers stopped production and wholesalers and retailers observed complete shutter down strike for three days, even after the tragic incident of suicide attack at.
By a News Reporter-Staff News Editor at Economics Week According to news reporting originating from Washington, D.C., by VerticalNews journalists, a U.S. Securities and Exchange Commission filing by Rite Aid Corp. was posted on January 31, 2017. The SEC file number is 0001104659-17-005494.. A U.S. Securities and Exchange Commission filing is a fo
Newly published research from the CVS Health Research Institute emphasizes the role a private retailer can play in restricting access to tobacco and improving public health. "When we removed tobacco from our shelves, a significant number of our customers simply stopped buying and hopefully smoking cigarettes altogether instead of just alte
On the call of Chemists Association and bodies representing manufacturers, wholesalers, retailers and pharmacists, medical stores continued shutter-down strike on the second day yesterday to protest against recent amendments in Drug Act, causing huge inconvenience to patients across the province including Lahore. Model pharmacies inside tertiary...
The CEO Roundtable on Cancer has accredited CVS Health, the nation's largest pharmacy innovation company, with the CEO Cancer Gold Standard, recognizing its efforts to reduce the risk of cancer for its employees and covered family members. In 2014, CVS Health became the first and remains the only national pharmacy chain to stop the sale of cigare
Model Pharmacy isn t much of drug store any more. And when a sprawling Walgreens opened across the street, it was hard to compete with the buying power of large chains that not only fill prescriptions at lower prices, but also generate most of their income selling cigarettes, liquor and grocery staples like bread and milk. So independents in Alb
The Joint Committee of pharmacy retailers and wholesalers declared on Friday they would go on strike for indefinite period from February 13 against new policies being introduced by the Punjab Government to govern pharma industry. The committee convened here with Akhtar Butt, Sheikh Muhammad Naem, Ali Hussain Siddiqui, Muhammad Hussain Sindhu, Azhar
China Jo-Jo Drugstores, Inc. today announced financial results for its third fiscal quarter and nine months ended December 31, 2016. Revenue was $20.6 million compared to $24.7 million a year ago Retail drugstores sales were $14.1 million compared to $12.9 million a year ago Gross margin increased 70 bps year-over-year to 20.3%, retail pharmacy g
cocokara fine, Inc., a Japan- based operator of drug store chains, has agreed to acquire 100% stake in Kogoshi Pharmacy Limited Company, a drugstore company engaged in operating pharmacies. Katsutoshi Koshi is the majority shareholder of Freedom. Index- Japan Index- In-Store Index- Drug Stores and Pharmacies Index- Pharmacy.
Alliance Healthcare is a Russian wholesaler and distributor of pharmaceuticals based in Russia. Following the transaction, the integration of the Alliance Healthcare will be based on the "Good Distribution Partners" LLC. Alliance Healthcare is headed by Henry Fogels, a director general of Good Distribution.
The drug store owners and workers took out a big protest rally from Saddar and marched towards Rawalpindi Press Club on the Benazir Bhutto Road. Another rally led by Malik Shahid Ghafoor Paracha and other trade union leaders was started from the Committee Chowk where drug store workers and distributors gathered from Raja Bazaar, Commercial Market,
The National Association of Chain Drug Stores issued the following news release:. The NACDS Regional Chain Conference brings together traditional drug and grocery chains with between four and 250 locations, and their supplier partners who help to meet consumers' needs in health and wellness and throughout the store. Kristin Williams, senior vice pr
For many people, pharmaceuticals are a one-size-fits-all product. Your doctor writes a prescription, you go to the drugstore, and you come home with an amber vial of pills to treat the illness or condition for which they are intended. But what if your elderly parent or small child can t tolerate pills?
WASHINGTON, Feb. 4 Professional Inventory Control Systems, Millersville, Maryland, won a $12,500 federal contract set aside for small business from the U.S. Department of Veterans Affairs for medical services for pharmacy inventory. For more information about Targeted News Service's products, including its daily federal contract report, please co
Feb. 02 All Kroger pharmacies in Ohio will offer personalized blood pressure and cholesterol screenings for free during February. Kroger has 2,253 pharmacies in the U.S., and has several locations of the The Little Clinic in the Miami Valley and Cincinnati. Pharmacies are located in Kettering, Beavercreek, Miamisburg, Englewood, Vandalia, Centerv