Walgreens and Duane Reade stores are facing off on a challenge regarding which banner can raise the most funds over a four-week period in the fall in support of the American Diabetes Association Greater New York City Area, the ADA announced Monday.

The Food and Drug Administration has approved a drug made by Teva for treating allergies, the company said Monday.

McKesson on Monday announced that it has completed the previously announced acquisition of the independent banner and franchise businesses of Katz Group Canada in an all-cash transaction that closed March 25.

The Consumer Healthcare Products Association and the other members of the Health Choices Coalition on Friday sent letters to members of Congress urging the repeal of the requirement that prevents consumers from using their flexible spending arrangements to purchase over-the-counter medicines without first getting a doctor’s prescription.