International Business

The retailer reported that, excluding its recent FreshDirect acquisition, online sales in the United States grew by 7.5%.

Akhil Ravi has served as Dr. Reddy’s head of strategy for services and active pharmaceutical ingredients and headed the sales of APIs in Europe.

Alongside its Q4 results, the company announced an increase of its Prime membership monthly fee from $12.99 to $14.99 and annual membership from $119 to $139.

Costco reported January net sales of $15.76 billion, an increase of 15.5% from $13.64 billion in 2021.

The acquisition marks Hikma’s expansion into Canada and includes a portfolio of 25 sterile injectable products, three in-licensed ophthalmic products and a pipeline of seven additional products.

Nearly 30 generic drugmakers in Asia, Africa and the Middle East will make inexpensive versions of Merck’s COVID-19 pill molnupiravir, according to a report.

The bid for GSK’s assets, including Sensodyne toothpaste and Advil painkillers, comes as Unilever is dealing with steep inflation and sluggish growth in emerging markets.

Walgreens Boots Alliance has begun a strategic review of its Boots business as it considers how to proceed with the U.K. chain, according to a report.