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Week of Mon, Jun 17th, 2013

Rite Aid finishes portion of debt refinancing

Rite Aid Corp. has completed an offering of $500 million in senior secured notes initiated earlier this month as part of a series of debt refinancing transactions.

No7 Men line debuts at Walgreens, Duane Reade

Walgreens and Duane Reade stores have begun offering men's skin care products from Alliance Boots' popular No7 skin care brand.

Ohio Rx program makes CVS its preferred pharmacy

Ohio Drug Card has named CVS/pharmacy as the preferred pharmacy for its free statewide prescription assistance card.

Ontario urged to proceed with expanded pharmacy services

Fully implementing and funding expanded health care services approved last fall for Ontario pharmacists would significantly improve health outcomes, especially for seniors and patients with chronic diseases, according to Michael Holden, chief executive officer of the National Pharmacy Association in the United Kingdom.

Target serves up free first aid kits in Canada

Target Corp. pharmacies in western Canada plan to give away first aid kits to help consumers be safer for the summer.

Walgreens calls on app developers to integrate photo functionality

Walgreen Co. has kicked off a contest to encourage application developers to incorporate photo product functionality into an app.

CVS Pharmacy Advisor cited in report on improving Rx use

CVS Caremark's Pharmacy Advisor program is cited in a new IMS Institute for Healthcare Informatics report about improving the use of medications.

H.D. Smith closes acquisition of stake in Triplefin

H.D. Smith has completed its purchase of a majority interest in Triplefin, a Cincinnati-based provider of reimbursement, patient assistance and pharmaceutical brand-support services.

Rite Aid turns in profitable first quarter

Rite Aid Corp. kept up its earnings momentum by reporting its third straight quarterly profit for its fiscal 2014 first quarter.

NCPA: Bill would uphold access to diabetes supplies

The National Community Pharmacists Association is calling on lawmakers to back a bill that would preserve seniors' access to diabetes testing supplies and other durable medical equipment (DME).

Walgreens pushes ahead with solar energy rollout

Walgreen Co. plans to build more than 200 new solar installations at its drug stores in California, Connecticut, Delaware, Massachusetts, New Jersey and New York.

Rite Aid launches wellness65+ program for seniors

Rite Aid Corp. has introduced wellness65+, an extension of its wellness+ customer loyalty program designed for seniors.

IMS study: Medication at center of $200B in avoidable health costs

Medication nonadherence and less-than-optimal medication practices by prescribers are racking up over $200 billion in avoidable costs in the U.S. health care system, according to a study from the IMS Institute for Healthcare Informatics.

Debt offering upsized by Rite Aid

Rite Aid Corp. has more than doubled a debt offering initiated this week.

NCPA: Texas legislation supports community pharmacies

Texas Gov. Rick Perry was hailed by the National Community Pharmacists Association for signing into law two key bills in support of community pharmacies in the state.

Rite Aid plans $400 million debt offering

Rite Aid Corp. has announced plans to offer $400 million in unsecured senior notes due 2021.

Supreme Court OKs pay-for-delay deal challenges

In a landmark decision for the pharmaceutical industry, the U.S. Supreme Court ruled that the Federal Trade Commission can sue drug makers over potential anticompetitive effects of "pay for delay" patent settlements.

Walgreens donates flu shots to at-risk people in Laos, Nicaragua

Walgreen Co. has donated 35,000 seasonal flu vaccine doses to the Pan American Health Organization (PAHO) to help at-risk populations in Laos and Nicaragua.

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