Content about Financial News

March 20, 2008
Takeda, Abbott split TAP's assets

Takeda Pharmaceuticals and Abbott Laboratories have decided to end their joint venture, TAP Pharmaceuticals, in...

March 20, 2008
UCB recalls Neupro, marking a the third hit for the company

UCB SA has decided to recall a large amount of its Neupro Parkinson’s therapy making...

March 19, 2008
Pharmaca raises $20 million in new financing

Pharmaca Integrative Pharmacy has raised $20 million in new financing to accelerate its expansion plans....

March 18, 2008
Ulta posts Q4 results, announces Barkus' departure

Ulta announced on Wednesday its fourth-quarter and fiscal year 2007 results, as well as the...

March 16, 2008
Retail sales in health and beauty rise as other aspects in economy fall

Makeup sales are continuing to rise, even though retail sales in February were down 0.9...

March 16, 2008
Senate OKs $375 million for FDA

In an effort to fix the problems at the Food and Drug Administration regarding inspections...

March 13, 2008
Allion acquires Biomed America

Allion Healthcare, a specialty pharmacy company, has agreed to buy Biomed America for almost $100...

March 13, 2008
Eli Lilly, Transition Therapeutics ink deal for diabetes treatments

Eli Lilly and Transition Therapeutics have agreed on a deal worth up to $130 million,...

March 12, 2008
AstraZeneca announces plans to provide more company information on its Web site

AstraZeneca has announced plans to make its U.S. business more public, by sharing more company...

March 12, 2008
Duane Reade reports increased sales, narrows quarterly loss

Duane Reade announced on Thursday that fourth-quarter sales rose more than 4 percent as it...

March 11, 2008
Kroger reports Q4 identical sales growth

Kroger today reported total sales increased 2.2 percent to $17.2 billion for the fourth quarter...

March 11, 2008
U.S. prescription sales grew modestly to $286.5 billion in 2007

IMS Health today released its annual U.S. Pharmaceutical Market Performance Review, reporting that overall sales...

March 10, 2008
Hi-Tech Pharmacal Q3 sales down

Hi-Tech Pharmacal has released the results of its third quarter, which ended on Jan. 31....

March 10, 2008
Inter Parfums 2007 sales up 21 percent

Inter Parfums, a prestige perfume and cosmetics manufacturer, reported fourth-quarter net sales rose 32 percent...

March 10, 2008
Physicians Formula reports year-end sales increase

Physicians Formula on Monday announced its fourth-quarter and year-end results for the period ended Dec....

March 6, 2008
Fred's reports 3 percent sales increase for February

Fred’s on Friday reported a 3 percent increase in sales, to $148.5 million, for the...

March 6, 2008
Longs profitable despite slow flu season

Despite a slow flu season on the West Coast and a weak economy affecting front-end...

March 5, 2008
Rite Aid increases same-store sales for February

Rite Aid on Thursday announced a same-store sales increase of 2.2 percent for the five...

March 4, 2008
Costco Q2 sales up 12 percent

Costco Wholesale today announced that net sales for the second quarter of fiscal 2008 increased...

March 3, 2008
Walgreens announces positive February numbers

Walgreens announced on Tuesday that February sales rose 14.5 percent as same-store sales climbed 8.3 percent....

February 28, 2008
Unilever to reorganize company structure

Unilever, whose brands include Axe, Sunsilk and Dove, has announced that it is restructuring the...

February 27, 2008
Drugstore.com reports profitable 2007 EBITDA for first time

Over-the-counter medicines, prestige beauty, contact lenses and a partnership with Rite Aid—which accounts for 24...

February 27, 2008
Mylan contemplates selling Dey due to Q3 loss

Mylan, a generic drug maker, has experienced a fiscal third-quarter-loss due to the $1.27 billion...

February 27, 2008
Revlon's 2007 performance best in years

Increased sales, restructuring efforts and cost control helped improve financial performance in 2007, according to...

February 26, 2008
Bare Escentuals posts solid Q4 results

Bare Escentuals, a maker of mineral make up, posted solid fourth quarter results and expects...

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