Stock Watch: Launches Its Own Product Line

In a move that could help its profit margins, online pharmacy (Nasdaq: DSCM) unveiled its own line of health and wellness products on Monday. The new line includes aspirin and other pain-relief products, vitamins, mineral and herbs. Shares of climbed 2-13/16 to 51-5/16 on Monday.

The stock was also boosted by a buy rating from Donaldson, Lufkin and Jenrette, which was a co-manager for’s initial public offering. On Friday, announced the addition of two notable names to its board of directors. Joining the board are Martin Grass, CEO of Rite Aid; and Melinda Gates, wife of Microsoft CEO Bill Gates. CEO Peter Neupert is a former Microsoft executive.

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