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Valeant Pharmaceuticals Adds Board Members

Valeant Pharmaceuticals, which is currently being questioned by Congress and investigated by federal law enforcement agencies for allegedly buying old drugs and raising their prices, has added three new members to its board: Stephen Fraidin, vice chairman of Pershing...

Walgreens Buying Rite Aid?

In a 17.2 billion dollar merger, Walgreens is buying Rite Aid. This means that the United States’ second and third largest pharmacy chains will combine for a total of 13,000 domestic retail locations. CVS, the largest chain, has 7,800 locations. The deal still has to...