Mergers & Acquisitions

Alembic gets FDA OK for generic Sinemet

Carbidopa and levodopa extended-release tablets had a market value of roughly $24 million for the 12 months ended December 2018.
Sanofi names Novartis leader CEO; Novartis appoints president

As Paul Hudson moves from Novartis to Sanofi, Sanofi has named Marie-France Tschudin its president.
Mallinckrodt to spin off specialty generics business

The separation will create one company focused on specialty branded pharmaceuticals, and another focused on specialty generic products and APIs manufacturing.
CVS Health to expand HealthHub format nationwide

CVS Health said it plans to have 1,500 CVS Pharmacy HealthHub locations nationwide by 2021 — one of several efforts the company announced at its 2019 Investor Day.
Contract Pharmacal acquires Florida Pharmaceutical Products

Contract Pharmacal's investment in Florida Pharmaceutical Products solidifies its entrance into the generic market.
Genoa Healthcare celebrates opening of 4 new pharmacies

Genoa Healthcare has opened new pharmacies in New York, Virginia, Florida, and Texas in the past two weeks.
Bed Bath & Beyond adds independent directors to board

Bed Bath & Beyond has appointed four new independent directors to its board as part of what it calls the board’s continued transformation.
Rite Aid names chief marketing, merchandising officer

Erik Keptner joins Rite Aid as chief marketing and merchandising officer from Wakefern Food, where he was senior vice president of marketing.

Trumm Drug named Health Mart Pharmacy of the Year