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Week of Mon, Aug 31st, 2009

AWP case ruling a blow to pharmacies, NACDS says

A federal appeals court this week upheld settlements in the First DataBank Inc. and Medi-Span Inc. case that stand to cut the average wholesale prices (AWPs) of drugs paid to pharmacies, according to the National Association of Chain Drug Stores.

Pfizer cites transparency measures after $2.3B settlement

Pfizer Inc. said it's taking extra steps to foster greater transparency in its promotional practices after the pharmaceutical giant this week agreed to a $2.3 billion settlement with the U.S. Department of Justice over allegations of fraudulent marketing.

Kerr Drug prepares for seasonal and swine flu

Kerr Drug is getting set to handle this year's two-pronged flu season with vaccination efforts for both seasonal flu and H1N1 "swine flu" viruses.

Rite Aid reports drop in same-store sales

Citing the shaky economy, among other factors, Rite Aid Corp. in August turned in its third straight month of declined same-store sales.

Chain drug retailers to pilot interactive in-store signage

USA Drug and Walgreen Co. are among seven chain drug retailers slated to pilot in-store digital signage that plays informational videos on dietary supplements.

August same-store sales edge up at Walgreens

Walgreen Co. saw little change in its same-store sales for August, posting only a small gain due to weak front-end results.

Shoppers Drug Mart readies first Murale store in Toronto

Shoppers Drug Mart Corp. this week plans to open its first Murale prestige beauty store in Toronto.

Cardinal Health finishes CareFusion spin-off

Cardinal Health Inc. said Tuesday that it has completed the spin-off of its Clinical and Medical Products business, now a new public company called CareFusion Corp.

Supervalu trains more pharmacists for flu shots

Gearing up for what could be a busy flu season, Supervalu Inc. has dramatically expanded its pool of pharmacists who can give customers immunizations.

MinuteClinic: Study affirms quality of care at retail clinics

MinuteClinic said a new study by think tank Rand Corp. finds that retail clinics provide health care services at lower costs and at equal or better quality than do other urgent care options.

CVS, Walgreens, Rite Aid to launch major flu shot programs

The nation's three biggest drug store chains — CVS Caremark Corp., Walgreen Co. and Rite Aid Corp. — this week unveiled extensive flu shot programs for their in-store health clinics and pharmacies.

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