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Inside This Issue - News
At first glance, Procter & Gamble Co.’s new Align brand looks like just the latest entry in the hot probiotics category. But on closer inspection, the product actually marks a key step in the supplier’s game plan to become the leading consumer health care company in the world. The cost and the level of public involvement continue to be sticking points in the effort to pass health care reform. The National Association of Chain Drug Stores has responded swiftly to draft health care legislation unveiled by House Democrats in late June with testimony before a key House committee followed by a letter to the chairmen of three committees involved in drafting the law. Former Walgreen Co. president and chief operating officer Fred Canning has died after battling complications from prostate cancer. He was 85. Despite attracting fewer attendees than in previous years and a smaller number of suppliers showing their wares, the National Association of Chain Drug Stores Marketplace Conference remains a critical part of doing business in the 21st century, those at this year’s show said. Walgreen Co. will continue to dispense Medicaid prescriptions in Delaware until at least early August while seeking to reach a compromise with the state over reimbursement rates. In a major break with most other large companies, Wal-Mart Stores Inc. says it supports President Barack Obama’s plan to require employers to provide health insurance to workers. Edith Rosato has been elected president of the National Association of Chain Drug Stores Foundation. Hewlett-Packard Co. (HP) has signed a customer agreement with Duane Reade Inc. to install HP Retail Publishing Solutions throughout its drug stores. This year’s National Association of Chain Drug Stores Pharmacy and Technology Conference could not be more timely, executives at the association say.
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