Skip to main content

Pharmacy Technology

  • Subs keeps up with urban trend

    NEW YORK — A new urban fashion accessory has hit the market.

    Hatch Ventures recently introduced Subs, designed for consumers who wear baggy pants well below the waistline. Like traditional suspenders, Subs are designed to keep pants from falling down by cinching around the waist and are worn underneath a shirt. The wearer can control how long they want their pants to "sag," and prevent pants from falling any lower.

    Subs carry a suggested retail price of $34.95 and currently are available on Hatch Ventures' website, HatchVentures.com.

  • FDA issues warning over use of dietary supplements containing sildenafil

    SILVER SPRING, Md. — The Food and Drug Administration on Friday reported that Vigor-25, a product inappropriately marketed as a natural dietary supplement to enhance male sexual performance, should not be purchased or used because it contains sildenafil, the active ingredient in the prescription drug Viagra.

     

  • New Supervalu survey reveals that food brings families together

    MINNEAPOLIS — Food is the most important aspect of the holiday season and unites families, according to a new survey conducted by Harris Interactive for retail giant Supervalu.

  • Cardinal Health to acquire pharmaceutical distributor Kinray

    DUBLIN, Ohio Cardinal Health is looking to expand the pharmaceutical segment of its business by acquiring a pharmaceutical distributor serving the New York metropolitan area.

    The company said its acquisition of Kinray for $1.3 billion in an all-cash transaction would significantly expand its ability to serve retail independent pharmacies in the northeastern United States. Kinray currently serves more than 2,000 retail independent pharmacy customers as a distributor of both branded and generic pharmaceuticals.

  • Coalition urges Congress to repeal pending FSA change, calls policy 'unwarranted'

    WASHINGTON — A coalition of six associations, including the Consumer Healthcare Products Association and the National Association of Chain Drug Stores, on Thursday called on Congress to repeal the requirement that prevents consumers from using their flexible spending accounts to purchase over-the-counter medicines without a prescription as of Jan. 1.

     

  • Walmart vet, SIFE member Shewmaker dies at 72

    ROGERS, Ark. Former Walmart executive Jack Shewmaker passed away Wednesday evening. He was 72.

     

    Shewmaker began his career at Walmart in 1970 and rose steadily through the ranks of the company, serving in numerous capacities, including district manager; VP security (now known as loss prevention); VP store operations; EVP store operations, personnel and merchandise; CFO; and president and COO. Shewmaker retired from the company in1988, but continued as a member of Walmart’s board of directors.

     

  • Novartis looks to expand pipeline, focuses on long-term growth

    BASEL, Switerland — Swiss drug maker Novartis will focus on innovation as part of a program for long-term growth, the company said Wednesday.

    Novartis touted its research and development pipeline of 142 drugs in clinical trials, 35% of which are in phase 3 or undergoing regulatory review, as well as a plan to submit 30 more drugs for regulatory review by the end of 2012. The company also plans to continue investing in vaccine development.

  • Supervalu EVP transitions to new role

    MINNEAPOLIS — A 20-year veteran at Supervalu will become a senior counselor outside of the company for one year.

    David Boehnen, who as EVP was responsible for legal, business development, real estate and store development, as well as government affairs, will leave his post at the retailer but will serve as a senior counselor for Supervalu president and CEO Craig Herkert for one year.

    The change is effective Dec. 15.

     

X
This ad will auto-close in 10 seconds