McKesson (NYSE:MCK) announced today that it entered into an agreement to send its United Kingdom-based business to Aurelius. Aurelius, a pan-European asset management group, will acquire McKesson’s UK businesses, including LloydsPharmacy, LloydsDirect (previously Echo by LloydsPharmacy), AAH Pharmaceuticals, LloydsPharmacy Clinical Homecare, LloydsPharmacy Online Doctor, MASTA and John Bell & Croyden, according to a news release. […]
McKesson
Johnson & Johnson, other companies to pay $26B over opioid crisis
California Attorney General Rob Bonta announced a $26 billion settlement with Johnson & Johnson, among other companies, over opioids. The settlement includes Johnson & Johnson, which manufactured and marketed opioids, and pharmaceutical distributors Cardinal, McKesson and AmerisourceBergen. Get the full story at our sister site, Pharmaceutical Processing World.
Federal judge dismisses antitrust lawsuit against BD
A federal judge in southern Illinois has dismissed a lawsuit that a small health provider filed against BD (NYSE:BDX) that claimed that the medtech giant engaged in antitrust behavior with distributors Cardinal Health (NYSE: CAH) and McKesson (NYSE: MCK). Judge Nancy J. Rosenstengel had previously dismissed the lawsuit by Marion Diagnostic Center and Marion HealthCare, […]
How much could Operation Warp Speed change pharma, medtech distribution?
A top U.S. Department of Health and Human Services official used an appearance today at a virtual medtech conference to repeat the U.S. government’s astounding goal for its Operation Warp Speed program: start delivering 300 million doses of a safe, effective COVID-19 vaccine by January 2021. The project could revolutionize not only how pharmaceuticals are […]
Feds unveil COVID-19 vaccine distribution plan
The Trump administration today released a plan to distribute an eventual COVID-19 vaccine free of charge, initially to targeted groups and more broadly as supply increases. The government is planning a phased distribution using a contract awarded to McKesson in August. The first recipients could include: Healthcare personnel likely to be exposed to or treat […]
Feds ink COVID-19 vaccine distro deal with McKesson
The U.S. Dept. of Health and Human Services (HHS) and Defense Dept. (DoD) announced a COVID-19 vaccine distribution deal with McKesson. Under Operation Warp Speed, McKesson will become a central distributor of future COVID-19 vaccines and related supplies needed to administer the pandemic vaccinations, according to a news release. Get the full story at our sister […]
U.S. senators demand investigation of Trump COVID-19 supply chain effort
Three U.S. senators today demanded an investigation into Project Air Bridge, a Trump administration supply chain management project to import personal protective equipment (PPE) and other medical supplies during the COVID-19 pandemic. Dubbing the project “opaque,” U.S. Senators Elizabeth Warren (D-Mass.), Chuck Schumer (D-N.Y.) and Richard Blumenthal (D-Conn.) also released new documents and information from […]
McKesson appoints chief strategy and business development officer
McKesson this week said it appointed Tom Rodgers as executive VP and chief strategy and business development officer, effective June 5. Upon the appointment, Rodgers will also become a member of the executive operating team. He succeeds Bansi Nagji who stepped down on March 31. Rodgers will be responsible for the company’s overall strategic plan […]
6 medtech execs join White House economic recovery group
Several medtech executives have been named to the White House task force designated by President Donald Trump to provide recommendations on how best to safely reopen the U.S. economy in the wake of the coronavirus pandemic. The Great American Economic Revival healthcare industry group has 27 members, including: Mike Kauffman, CEO of Cardinal Health (NYSE:CAH). Brian […]
McKesson names new chief information and technology officer
McKesson this week announced it appointed Nancy Flores as executive VP, chief information officer and chief technology officer, effective Jan. 13, 2020. Flores will be responsible for the enterprise business technology strategy, technology governance across the corporation, IT security and risk management, infrastructure operations and service delivery. She will replace Kathy McElligott who announced she […]
ReShape taps Allergan vet Bandy for CEO | Personnel Moves, April 3 2019
ReShape Lifesciences (NSDQ:RSLS) said last week that it named Allergan (NYSE: AGN) veteran Barton Bandy to replace Dan Gladney in the corner office, effective April 1. Gladney, who announced his retirement in January, is staying on as chairman. Bandy spent a decade at Inamed until its $3.2 billion purchase by Allergan in 2005. “I am […]
