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NY Post: Walgreens’ plan could require FTC to rule on Rite Aid merger within 30 days
DEERFIELD, Ill. — Walgreens Boots Alliance could soon declare it has “certified compliance” in its Rite Aid merger, forcing the U.S. Federal Trade Commission to vote on the proposed transaction in 30 days, reported The New York Post.
“The declaration would mean that, in Walgreens’s opinion, it has given regulators substantially all the information they need to make a decision,” the newspaper wrote.
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Consumer focus on value, legislative push lead to record-breaking growth in 2016
The graying of the baby boomers, an increased focus on supplementing healthier lifestyles and the steady stream of nasal corticosteroid brands making their way from prescription-only to the more value-oriented OTC aisle were just three significant drivers behind the growth of over-the-counter medicines in 2016.
(To view the full Category Review, click here.)
Consumers buying homeopathic remedies base those decisions on two factors: products that are safe and efficacious. The products have to work, or they wouldn’t earn the repeat purchases that are helping to drive sales.
