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Thrifty White to move forward with Health Outcomes store design

BY Antoinette Alexander

MAPLE GROVE, Minn. — Regional player Thrifty White plans to break ground during 2014 on 8-to-10 new stores that will include the Thrifty White Healthy Outcomes pharmacy design, according to Tim Erdle, EVP store operations and marketing.

These stores will be phased-in with construction completed between fall of 2014 and 2015 year-end.

The Thrifty Whites Healthy Outcomes pharmacy features a new design of kiosk drop-off and pickup counters, ask your pharmacist desk, patient wellness rooms, patient education kiosk, a digital television for patient programs and services, and a pharmacy drive-through.  

This is a new 3,000-sq.-ft. professional pharmacy proto-type with plans of seven to be opened in Minnesota, two in North Dakota and one in Iowa. The company also has the new proto-type model opening up in Mandan, N.D., on June 16.

The interior finishes will include a maple wood look throughout the store with maple flooring, maple pharmacy counters, store fixtures trimmed with maple and maple doors with frosted glass in the patient wellness rooms.

Thrifty White currently has 18 locations converted to its Healthy Outcomes format.

 

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Allergan confirms receipt of takeover bid from Valeant Pharmaceuticals

BY Michael Johnsen

IRVINE, Calif. — Allergan on Tuesday confirmed that it has received an unsolicited proposal from Valeant Pharmaceuticals to acquire all of the outstanding shares of the company for a combination of 0.83 of Valeant common shares and $48.30 in cash per share of common stock of Allergan.

The Allergan board of directors, in consultation with its financial and legal advisers, will carefully review and consider the proposal and pursue the course of action that it believes is in the best interests of the company’s stockholders. The company’s stockholders do not need to take any action at this time, Allergan stated. 

Goldman, Sachs and BofA Merrill Lynch are serving as financial advisers to Allergan, and Latham & Watkins is serving as legal counsel to the company.

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NBTY launches new supplement line

BY Ryan Chavis

RONKONKOMA, N.Y. — NBTY, a global manufacturer and distributor or vitamins and nutritional supplements, introduced Nature’s Origin, the company’s first complete line of vitamins, minerals and herbal supplements. The products are available in the United States direct to consumers at NaturesOrigin.com.

"We are proud to be producing and delivering vitamins and supplements of superior pureness and potency that address consumers needs," said Peter Shapiro, president of Nature’s Origin. "More than 50% of American adults take vitamins and supplements, indicating their commitment to better health, and we’ve created a line of products they can feel truly good about taking every day."

The line covers a range of health goals and includes:

  • Nature’s Origin Joint & Body Health, which contains compounds that support the musculoskeletal system;
  • Natur’s Origin Cardio Health, which is meant to be used as a complement to a heart-healthy lifestyle. The product supports circulation, heart health and cardia energy;
  • Nature’s Origin Healthy Aging, which supports brain health, eye health and digestive health;
  • Nature’s Origin Women & Men’s Health, which supply herbs and vitamins that are calibrated for the needs of women and men.
  • Nature’s Origin Living Well, which contains herbal supplements and bioactive botanicals that support overall wellness.

The line was developed by scientists and regulatory and quality specialists at NBTY and is free from ingredients made with GMOs, preservatives, gluten and irradiation, the company said.

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