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Market Buzz& Industry News

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Who’s who in vitamins and nutritional products

09/27/2020


Thanks to the COVID-19 pandemic, consumers and retailers are looking to the VMS segment as a possible deterrent to catching this virus and all that comes with it. 

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ParmCrisps go plant-based with dairy-free cheese

09/27/2020


Plant-Based ParmCrisps, hitting Whole Foods Market shelves in October, are available in sea salt and cracked black pepper varieties.

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Bacardi Spiced perfects fall flavors

09/27/2020


Bacardi Spiced features the essence of bourbon paired with notes of vanilla, almond and fruitiness, the company said.

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Foreo’s Bear devices help tone skin, define facial features

09/27/2020


The Bear and Bear Mini tools aim to tone the skin, help build collagen, repair elastin, and tighten and tone, the company said.

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Nutrisystem brings Body Select program to Walmart

09/27/2020


The Body Select program offers a five-day kit that includes five breakfasts, lunches and dinners with macronutrients meant to work with distinct body types to approach weight loss.

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Target adding resources to contactless services for holiday season

09/27/2020


Ahead of the holiday season, Target is looking to expand its contactless resources in order to make shopping easier, as well as abide by social distancing measures.

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Mile High Labs snags quality leader from Charlotte's Web

09/27/2020


Mile High Labs is adding a vice president of quality who is no stranger to the CBD space.

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Survey: Online shopping to dominate holiday season

09/27/2020


According to a survey from RetailMeNot, 66% of respondents said they plan to spend the same amount of money or more during the holiday season in order to create a sense of normalcy and keep traditions alive.

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Taro launches generic of Ferriprox

09/27/2020


Taro Pharmaceutical is introducing its first specialty generic, a therapeutic equivalent to Ferriprox.

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FDA clears Cipla’s Tecfidera generic

09/27/2020


For the year ended July 2020, IQVIA data showed U.S. sales of roughly $3.8 billion for Tecfidera.

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NPA, cbdMD plan virtual regulatory conference

09/27/2020


The Regulatory Roadmap for the CBD Industry conference is slated for Oct. 21, with various moderators who will participate in a Q&A with the CEO of The Natural Products Association, Daniel Fabricant.

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Rite Aid Foundation supports fire relief efforts

09/27/2020


The Rite Aid Foundation has donated $250,000 to the American Red Cross to support the organization’s efforts to provide food, water and shelter to evacuees. 

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Pet’s Favorite odor-eliminating candles expand availability

09/24/2020


Pet’s Favorite odor-eliminating candles now available at 3,000 Walmart locations in clean laundry and lemon zest scents.

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Elmhurst 1925 joins the pumpkin, apple spice trend

09/24/2020


Elmhurst 1925 has added three seasonal flavors to its roster of plant-based creamers — apple spice, pumpkin spice and gingerbread.

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Dr. Miracle’s aims to strengthen natural, chemically processed hair

09/24/2020


Dr. Miracle’s Strong + Healthy collection aims to improve the health of naturally curly and chemically processed hair.

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Dr. Reddy's launches generic Precedex

09/24/2020


Brand and generic sales for Precedex in 0.9% sodium chloride injection were $210 million for the most recent 12 months ended June 2020, according to IQVIA.

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Vertex obtains FDA blessing for new Kalydeco indication

09/24/2020


Vertex's Kalydeco, which was first approved in 2012, has received the FDA nod for an expanded indication that will provide a Cystic Fibrosis treatment for children ages four months to less than six months old.

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AssureCare adds MTM workflow solution 

09/24/2020


AssureCare’s Medication Therapy Management Module is a solution meant to allow pharmacists to assess a patient's medication regimen and ensure it is appropriate, effective and safe based on the patient’s health and care plan. 

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Retailers, brands and NACDS join Buy Safe America Coalition

09/24/2020


Walgreens, CVS Health, Ulta Beauty and Philips, along with NACDS, have signed on to take part in the coalition, which is focused on combating organized retail crime and protecting consumers from counterfeit and stolen goods

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Costco hits annual profit milestone, sales up in Q4

09/24/2020


Costco Wholesale ended its fiscal year on a strong note as consumers continued to shop its stores to stock up on items amid the pandemic.

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FDA finalizes rule for Canadian drug importation

09/24/2020


As part of the President’s plan, on Thursday, HHS issued a final rule to implement a provision of the Federal Food, Drug, and Cosmetic Act to allow the importation of certain prescription drugs from Canada.

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Dollar General gets new chief merchant

09/24/2020


The discount retailer has promoted company veteran Emily Taylor, who formerly served as senior vice president of channel innovation, to executive vice president and chief merchandising officer.

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Bausch Health, Alfasigma resolve Xifaxan litigation with Sun Pharma

09/23/2020


Salix will maintain market exclusivity for Xifaxan (rifaximin) 200 mg and 550 mg tablets until 2028.

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Nouri’s Inner Immune focuses on proactive immune support

09/23/2020


Nouri’s Inner Immune combines vitamins and minerals with prebiotics, probiotics and an immunobiotic, the company said.

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Sephora, Instacart make same-day beauty must-have delivery possible

09/23/2020


Sephora and Instacart have partnered on the same-day delivery of makeup, skin care, hair care, wellness, beauty tools and fragrances at in-store pricing.

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Gardein puts plant-based twist on classic soups

09/23/2020


Gardein’s plant-based soups are available in five varieties — chick’n noodl’, be’f and vegetable, saus’ge gumbo, chick’n and rice, and minestrone and saus’ge.

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Rite Aid’s testing site count surpasses 300

09/23/2020


The new sites in eight states bring the retailer’s total sites — which offer free testing in partnership with the Department of Health and Human Services — to 303. 

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Rite Aid beats expectations in Q2

09/23/2020


With revenue of $5.98 billion and a significantly narrowed net loss compared with the prior year's second quarter, Rite Aid posted solid fiscal Q2 results driven by strong growth in retail pharmacy and pharmacy services.

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Q&A: VMC Pharmacy’s Salus on how program strengthens independents

09/23/2020


Drug Store News caught up with Adam Salus, Valu Merchandisers’ pharmacy operations manager, to talk about how members benefit from their involvement.

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Hormel welcomes sweet, savory Black Label breakfast additions

09/23/2020


Hormel’s Black Label roster is welcoming two new breakfast lines — oven-baked egg bites and breakfast combos.

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Auxo acquires Euclid Medical

09/23/2020


Auxo is making a foray into pharmaceutical packaging with the acquisition of Euclid Medical’s Precision Products Group brand.

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Camber intros generic Tecfidera

09/23/2020


Camber's generic Tecfidera provides a treatment for relapsing forms of multiple sclerosis.

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Retail experience stages a comeback

09/23/2020


In his monthly column, David Orgel discusses the new retail imperative, which is to provide excitement and enhanced solutions — alongside safety — to customers.

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Product of the Year Awards: Now open for entries

09/22/2020


As Product of the Year nominations open, read about this year's winners and how being named a winner among an independent survey underscored its differentiating factors and quality.

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Funfetti Slime brings spooky season to life

09/22/2020


Pillsbury Baking is putting a spooky twist on its Funfetti line with three seasonal launches — Funfetti Slime Frosting, Funfetti Slime Cake Mix and Funfetti Slime Brownie Mix.

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Skyn Iceland’s Arctic Repair Cream soothes cracked, dull skin

09/22/2020


Skyn Iceland’s Arctic Repair Cream provides immediate relief and soothing properties to skin that is cracked, flaky and dull.

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Publix Pharmacy opens full-service location in Halifax Health Medical Center

09/22/2020


Publix Pharmacy has opened a full-serve pharmacy in Halifax Health Medical Center, providing patients with access to prescription and over-the-counter medications.

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Q&A: eHealth’s Mecier highlights how to help patients navigate Medicare plans

09/22/2020


Drug Store News caught up with Alisha Mecier, eHealth’s vice president of business development, to discuss how it partners with pharmacies and helps patients. 

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Mars rebrands Uncle Ben’s as Ben’s Original

09/22/2020


Mars is dropping the Uncle Ben’s name and logo, rebranding as Ben’s Original, and focusing on creating a more inclusive future, the company said.

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Albertsons taps former PepsiCo, Amazon exec to lead pharmacy, health

09/22/2020


Omer Gajial, a former executive at Amazon and PepsiCo, has been named Albertsons' senior vice president of pharmacy and health.

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NACDS supports March of Dimes’ #BlanketChange movement

09/22/2020


The National Association of Chain Drug Stores is joining the March of Dimes’ #BlanketChange campaign to raise awareness of and eliminate racial and health disparities.

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ValuCare Center is Health Mart’s Pharmacy of the Year

09/22/2020


ValuCare Center received Health Mart’s top honor for its superior clinical performance, high-touch patient relationships and proactive advocacy efforts.

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Kroger to host World Mental Health Day summit, concert

09/22/2020


The World Mental Health Day Summit & Concert will feature artists, business leaders and mental health experts to highlight mental wellness and practices for fighting depression and anxiety. 

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Lupin intros generic Depakote ER

09/21/2020


Divalproex sodium ER tablets had a market value of approximately $130 million, according to IQVIA July 2020 data.

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Zydus Cadila obtains FDA green light for generic K-Dur

09/21/2020


Zydus Cadila’s generic K-Dur will be available in dosage strengths of 750 mg and 1,500 mg.

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SPARC licenses commercialization rights of Elepsia XR to Tripoint Therapeutics

09/21/2020


Tripoint will commercialize SPARC's Elepsia XR tablets for five years, with the option to extend the agreement further.

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FDA letter sets back Hikma's generic Advair Diskus

09/21/2020


Hikma said it now expects to receive FDA approval for its generic Advair Diskus in early 2021.

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Reese’s gets salty with pretzels

09/21/2020


Reese’s Big Cups with Pretzels, hitting shelves in November, is a new take on the classic cup containing salty pretzels, the company said.

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Hello Products’ Empowermint toothpaste rocks the vote

09/21/2020


For each tube sold of its limited-edition Empowermint Fluoride Free Toothpaste, hello products will give $1 to Rock the Vote.

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Progresso Toppers add tasty toppings to soup

09/21/2020


Progresso Toppers are available in five varieties — chicken noodle with oyster crackers, tomato basil with cheddar crackers, broccoli cheese with oyster crackers, loaded potato with fried onion strings, and chicken tortilla with tortilla strips.

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