US Health Care Results Rise
e second quarter ended Sept. 30, McKesson Corp. here reported sales for its US Health Care rose 17% to $2.3 billion. Second-quarter earnings also improved, partly because of the success of new programs targeted at grocery store sales, the company said.
McKesson is the largest distributor of pharmaceuticals and health care products in North America. Operating profit for the company's US Health Care business rose 11%. Operating profit for Milbrook, the company's service merchandising unit, declined to $1.3 million from $3.8 million in the second quarter of 1995.
Colgate's Volume Climbs 5%
NEW YORK -- Colgate-Palmolive Co. here announced sales increased 5% to $2.2 billion in the third quarter ended Sept. 30. Colgate said it continues to do well with Palmolive Antibacterial dishwashing liquid, which has captured 35% of the market. Colgate Baking Soda & Peroxide and Mennen Speed Stick gel have also added market share in the toothpaste and deodorant categories, the company said.
PFI Store-Brand Sales Are Up
EDISON, N.J. -- Pharmaceutical Formulations Inc. here announced that its sales have increased 18% for the first quarter of fiscal 1996, ended Sept. 30. The sales increase was in the company's store-brand and contract manufacturing sectors.
PFI is the second-largest solid dosage generic pharmaceutical manufacturer in the country. It offers more than 100 different types of generic over-the-counter products, which are sold under its customers' store brands.