Category Archives: Wholesale Pharmacy

NEW YORK, NY--(Marketwire -04/24/12)- http://www.shinesrooms.com has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Drugs Wholesale industry and are offering free analytical research on Cardinal Health Inc. (NYSE: CAH - News) and McKesson Corp. (NYSE: MCK - News). Register with us today at http://www.shinesrooms.com/index.php?_controller=RegisterMember&_method=index to have free access to these research reports. In the world of the highly competitive drug wholesale industry, companies must remain dynamic in order to stay afloat. Several industry players have reported positive quarterly financials as of late, which is reflective of their ability to land contracts and effectively navigate the difficult economic climate. Get your free reports on Cardinal Health Inc. and McKesson Corp. at http://www.shinesrooms.com/index.php?_controller=RegisterMember&_method=index. There is no commitment to join. http://www.shinesrooms.com is the Ultimate Trading Environment for investors. If you are considering owning Cardinal Health Inc. and McKesson Corp. then you should sign up for a free membership and our complimentary reports today at http://www.shinesrooms.com. Over the last 5 years our returns outpaced any of the major indexes. Sign up today to find out what you are missing. One company that has been performing particularly well as of … Continue reading →

A leading international pharmacy celebrates its 200th store in Thailand. Khun Krittin tells us more. Stefano Pessina, Executive Chairman of Alliance Boots, the operator of Boots stores, Ornella Barra, Chief Executive of the pharmaceutical wholesale division, and Alex Goulay, Chief Executive of the health and beauty division, took part in the celebration of the opening of Boots' 200th store in Thailand. Boots first entered Thailand in 1997 and has continued to expand ever since. Boots Thailand offers a wide range of products including over 2,500 house brand products, of which almost over 1,000 are locally manufactured. Pessina expressed joy over Boots' strong growth in Thailand and said that this success is an excellent illustration of the company's determination to bring quality products to people on the global scale. When ask to foresee this year's economic climate in Thailand, Pessina is optimistic that the country's economy will continue to expand. He affirmed Boots' confidence in the country and strong recovery after last year's devastating floods. Krittin Boonjit, for Thai Asean News Network. Read more: Thai-ASEAN News Network - Boots Opens 200th Store in Thailand … Continue reading →

LIUZHOU CITY, China, March 30, 2012 /PRNewswire-Asia/ -- China BCT Pharmacy Group, Inc., (OTC BB: CNBI), ("China BCT" or the "Company"), a leading pharmaceutical distributor, retail pharmacy, and manufacturer of pharmaceutical products in Guangxi Province, China, today announced results for the fourth quarter and full year ended December 31, 2011. Fourth Quarter 2011 Highlights "We were pleased with our fourth quarter performance. Our revenues were stable compared to the fourth quarter last year and the third quarter this year. Our wholesale business remains very competitive and the latest round of bidding for hospital supply contracts meant many of our manufacturing suppliers lost or gained new business, leading to challenges for us in developing new hospital relationships for a new set of products," said Mr. Huitian Tang, Chief Executive Officer and Chairman of China BCT Pharmacy Group, Inc. "However, our retail and manufacturing businesses grew to compensate for this challenge to our wholesale sector. We opened four more in-store TCM clinics and we closed lower-performing stores. Manufacturing continues to weather pricing pressures occasioned by the drug price ceilings imposed by the government. In all an increase of 12% in gross profit contribution compared to the same quarter a year ago is … Continue reading →

LIUZHOU, China, March 28, 2012 /PRNewswire-Asia/ -- China BCT Pharmacy Group, Inc., (OTC BB: CNBI), ("China BCT" or the "Company"), a leading pharmaceutical distributor, retail pharmacy, and manufacturer of pharmaceutical products in Guangxi Province, China, today announced that it will conduct a conference call at 8:00 a.m. Eastern Time on Friday, March 30, 2012 to discuss its fourth quarter and full year 2011 results. Mr. Hui Tian Tang, Chief Executive Officer of the Company, and Ms. Shelly Zhang, Chief Financial Officer of the Company, will host the conference call. The Company will release its financial results for the fourth quarter and full year 2011 prior to the call. The conference call can be accessed by dialing 866-759-2078 (U.S. and Canada callers) or 706-643-0585 (international callers) and entering the conference ID 65662139 approximately five to ten minutes prior to the call. A replay will be available for two weeks starting on Friday, March 30, 2012 at 11:00 a.m. ET by dialing 855-859-2056 (U.S. and Canada callers) or 404-537-3406 (international callers) and entering the conference replay ID 65662139. About China BCT China BCT is engaged in pharmaceutical distribution, pharmacy retailing, and the manufacture of pharmaceuticals products through its subsidiaries Guangxi Liuzhou Baicaotang … Continue reading →

Fresh & Easy said it will let shoppers swap ground beef bought at other retailers with its own ground beef following a furor over an ammonia-treated beef additive known as "pink slime" on Wednesday. Federal regulators say the product, which has been used for years and is known in the industry as "lean, finely textured beef," meets food safety standards. But critics call the product an unappetizing example of industrialized food production. Most grocery stores have said they will stop selling or never sold ground beef with the filler. Here's a look at grocery stores that have said they will stop selling, or never sold, beef with the additive: A&P BJ's Wholesale Corp. Costco Wholsale Corp. BI-LO Holding's BI-LO and Winn-Dixie chains Delhaize America's Bottom Dollar Food, Food Lion, Hannaford and Sweetbay chains Kroger Co., which operates Kroger, City Market, Dillons, Jay C, Food 4 Less, Fred Meyer, Fry's, King Soopers, QFC, Ralphs and Smith's Royal Ahold NV's Stop & Shop, Giant Food Stores and Martin Food Markets Read more: Glance: Grocery stores and 'pink slime' beef … Continue reading →

In the Kirov region from 1 April will limit wholesale and retail surcharges on the vital and essential medicines. As a reporter BakuToday, as stated by the Deputy Chairman of the Governments Dmitriy Matveev. According to him, the Government is constantly monitoring the issue of availability of medicines in the region. One means for doing so is to regulate the pricing on the vital and essential medicines (NVLP), included in the list. The Department of health in conjunction with the regional service on tariffs (PCT) conducts regular analysis of organizations engaged in wholesale and retail realization of medical products. Based on the analysis for the first quarter of 2012, decided to cut from April 1 limits of wholesale and retail size limits to actual vacations allowance prices manufacturers of medicines included in the list of NVLP. The PCT issued March 16. As pointed out by matveev, limits of wholesale and retail rates are set individually, depending on the cost: the more expensive drug product, the lower the amount of the allowances. Provides lower limits for drugs in three price groups with sales prices: up to 50 rubles inclusive-the ultimate wholesale margin drop from 20 to 19%, retail-with 40 to 35%; … Continue reading →

Rep. Elijah Cummings (D-MD) questions witnesses during the House Oversight and Government Reform Committee hearing on ''Credit Rating Agencies and the Financial Crisis,'' on Capitol Hill in Washington October 22, 2008. Credit: Reuters/Mitch Dumke By Anna Yukhananov WASHINGTON | Wed Mar 21, 2012 5:16pm EDT WASHINGTON (Reuters) - Lawmakers are investigating three shadowy pharmacies in Maryland and North Carolina for diverting critical but scarce drugs from patients to wholesalers, who are then able to resell the medicine at sometimes big markups. Elijah Cummings, the senior Democrat on the House Committee on Oversight and Government Reform, began a probe in October to discover why certain companies were selling cancer drugs at more than a hundred times their normal cost. Shortages of hundreds of drugs including cisplatin, a highly effective treatment for testicular cancer, and fluorouracil for colon and other cancers have helped create a lucrative shadow market. The Food and Drug Administration has said the number of drugs in short supply, which also include anesthesiology and nutrition medications, had risen to 220 in 2011 from 56 in 2006. According to preliminary details of Cummings' investigation, made public on Wednesday, some wholesalers opened their own sham pharmacies to obtain drugs in short … Continue reading →

SCOTTSDALE, AZ--(Marketwire -03/21/12)- In its 35th year, the National Council for Prescription Drug Programs (NCPDP) will celebrate the transformation of the business of pharmacy and improvements in patient safety and care at its 2012 Annual Technology & Business Conference. The conference, which will be held May 6-10, 2012 at the Arizona Biltmore Resort & Spa in Phoenix, Arizona, is packed with a full agenda of educational sessions, work group meetings and networking opportunities. Attendees represent virtually all healthcare segments involved in delivering pharmacy services, including prescribers, pharmacists, pharmacy benefit management companies, government agencies, pharmaceutical manufacturers, long term care vendors and providers, database management organizations, healthcare consultants, wholesale drug distributors and more. Keep up on the latest issues and innovations Take advantage of accredited educational sessions on topics such as: Electronic Prior Authorization (ePA), Drug Pricing, Health Information Exchange (HIE), Accountable Care Organizations (ACOs), Market Trends, ePrescribing Controlled Substances, Risk Evaluation and Mitigation Strategy (REMS), Patient Safety, and Privacy. NCPDP will apply for Continuing Education Units (CEUs) for the Health IT Certification CPHIE, CPHIT and CPEHR programs. NCPDP will also apply for CEUs for pharmacists from the Accreditation Council for Pharmacy Education (ACPE). Make a difference in the delivery of pharmacy … Continue reading →

Stephen Roche is transforming Priceline shops into temples of health. Earlier this month, Stephen Roche crawled into bed with soapie star Ada Nicodemou and another fetching young woman who is often spied on the red carpet. Any romantic mood was probably killed by the hundreds of people watching them, the live TV audience and the fact the bed was situated in the middle of Sydney's bustling Martin Place, but it helped deliver a powerful message about postnatal and antenatal depression to perplexed onlookers. Stretched out on a pink bed under a hot pink bedsheet, Roche was a long way from the often stuffy and staid world of pharmacies with their typically old men in white coats standing on raised platforms and typing labels on to small bottles of pills. Advertisement: Story continues below The public event, a record attempt at the world's biggest breakfast in bed, was even further away from Roche's first career out of school, plumbing, but goes to the heart of his strategy to turn around Australian Pharmaceutical Industries (API) from being viewed simply as a pharmacy group to a specialist retailer which is aimed directly at women and leads the country in health, beauty and wellbeing … Continue reading →

Australian Pharmaceutical Industries chief executive Stephen Roche. Photo: Rebecca Hallas EARLIER this month Stephen Roche crawled into bed with soapie star Ada Nicodemou and another fetching young woman who is often spied on the red carpet. Any romantic mood was probably killed by the hundreds of people watching them, the live TV audience and the fact the bed was situated in the middle of Sydney's bustling Martin Place, but it helped deliver to bemused onlookers a powerful message about postnatal and antenatal depression. Stretched out on a pink bed and lying under hot pink bedsheets, Roche was a long way from the often stuffy and staid world of your archetypal pharmacy with its old men in white coats standing on raised platforms and typing small labels onto even smaller bottles of pills. The public event, a record attempt at the world's biggest breakfast in bed, was even further away from Roche's first career out of school, plumbing, but goes to the heart of his strategy to turn around Australian Pharmaceutical Industries from being viewed simply as a pharmacy group to a specialist retailer that is aimed directly at women and which leads the country in health, beauty and wellbeing products. … Continue reading →