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Week of Mon, Jan 31st, 2011

HHS chief to states: Generics can cut Medicaid costs

Kathleen Sebelius, secretary of the U.S. Department of Health and Human Services, has pitched the value of generic drugs as one way for states to help rein in escalating Medicaid expenditures.

Walgreens provides whooping cough shots in Colorado

Walgreen Co. has begun providing pertussis immunizations at all of its Colorado stores in response to a spike in the number of reported cases of whooping cough.

Sam's Club serves up heart health checkups

This month, Sam's Club is offering free heart health screenings through its warehouse club pharmacies nationwide.

NCPDP marks year of milestones

Against the backdrop of the implementation of health care reform, the National Council for Prescription Drug Programs (NCPDP) highlighted its key achievements in 2010.

New MTM legislation hailed by NACDS, NCPA

Applauding an advance on a key policy front for retail pharmacy, the National Association of Chain Drug Stores and the National Community Pharmacists Association have endorsed the Medication Therapy Management Empowerment Act of 2011.

'Beauty Within' site goes live on Walgreens.com

Walgreen Co. has launched an interactive web site for beauty care that aims to help visitors find real solutions to makeup, hair and fashion issues.

Researcher sizes up impact of drug 'patent cliff'

Thirteen blockbuster prescription drugs in the United States will lose patent protection over the next two years, highlighting the financial challenges looming over the pharmaceutical industry, according to data from EvaluatePharma.

NACDS Foundation unveils Rx residency application process

The National Association of Chain Drug Stores Foundation has announced the grant application, review and approval process for the Community Pharmacy Residency Expansion Project (Community PREP).

GPhA hires former NCPA exec to lead government affairs

John Coster has joined the Generic Pharmaceutical Association (GPhA) as senior vice president of government affairs.

Walgreens begins 2011 with strong same-store gain

Double-digit total revenue growth in the front end and the pharmacy drove a robust same-store sales gain at Walgreen Co. in January, with the monthly increase reaching a level that the drug store chain had not seen in over a year.

Sales, earnings falter in 4Q at CVS Caremark

CVS Caremark Corp. saw revenue and profit fall for its fiscal 2010 fourth quarter and full year as a weak performance by its pharmacy benefit management business dragged down overall results.

NACDS backs tax reporting amendment

The National Association of Chain Drug Stores has expressed support for a congressional amendment that would lift burdensome reporting requirements affiliated with the 1099 business tax form.

Navarro health fair offers free screenings

Navarro Discount Pharmacy recently hosted a free health fair to kick off Heart Health Awareness Month in February.

BioScrip CFO resigns; interim replacement named

David Froesel has resigned as chief financial officer at BioScrip Inc. and is being replaced in the interim by Mary Jane Graves.

Walgreens effort commits $100M to preventive care

Walgreen Co. has kicked off the Walgreens Way To Well Commitment, a chainwide effort aimed at improving the everyday health of Americans.

ShopRunner expedited delivery offered by drugstore.com

Drugstore.com has begun providing customers a two-day delivery service option in a partnership with ShopRunner.

Community Corner begins second year at Walgreens

Select Walgreens stores around the country will recognize the chain's African-American vendor partners next month as part of the company's Community Corner program, which showcases products from minority-owned businesses.

CVS Caremark names Rx college 'Partner of the Year'

CVS Caremark Corp. has recognized the Western University of Health Sciences College of Pharmacy as its 2010 Partner of the Year.

Walgreens quietly rolls out private-label beer

Walgreen Co. has introduced a low-cost, private-label beer in thousands of its stores, according to published reports.

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