Canadian drug chains to take hit from generic price cuts
Pharmacy operators across Canada will be hit hard by lower generic drug prices set to take effect this spring, said Metro Inc. chief executive officer Eric La Fleche.
CDR
Walgreens tabs Rick Gates as senior VP
Rick Gates has been named senior vice president of pharmacy and health care for Walgreens. Gates most recently served as group vice president of pharmacy.
Bartells Drugs names Kathi Lentzsch as CEO
Bartell Drugs, the country’s largest and oldest family-owned pharmacy, announced two significant hires to its executive ranks last month, including Kathi Lentzsch as the company’s chief executive officer, who becomes only the fifth CEO in the company’s 128-year history.
NACDS weighs in on burdens associated with DIR fees
The “untenable” procedures around direct and indirect remuneration fees (DIR fees) can be righted with measures reducing costs for beneficiaries and the government, while promoting a more quality-driven health care system, says the National Association of Chain Drug Stores.
Trump makes cutting high drug prices a priority
In his first State of the Union speech, President Donald Trump renewed his pledge to reduce prescription drug prices, days after a former big pharma executive was sworn in as Secretary of Health and Human Services.
New brand identity is adopted by Genoa
Genoa, a QoL Healthcare Company, announced an organizational rebranding as well as a name change to Genoa Healthcare.
Sam’s Club names health care exec
Sam’s Club has tapped Sean Jackson to succeed Jill Turner-Mitchael as senior vice president for consumables and health and wellness. Jackson, who joined Sam’s Club in 2009 from Linens ’n Things, most recently served as vice president for home. He began his career at May Department Stores.
Work requirements may come to Medicaid
The Trump administration has issued guidance that opens the door to work requirements for Medicaid recipients, a major change in the 50-year-old program offering a safety net for Americans living in or near poverty.
Walgreens Connected Care Oncology gets tech patent
Walgreens has received a U.S. patent for new proprietary technology that its Walgreens community specialty pharmacists and AllianceRx Walgreens Prime’s specialty pharmacists will use to facilitate communication with and counseling of individuals prescribed oral oncology medicines.
Former CVS exec Cheryl Mahoney passes
Longtime CVS merchandising and beauty executive Cheryl Mahoney recently passed away after a long illness. Mahoney was with the company for more than 40 years, most recently serving as vice president of retail merchandising and promotion and business development at CVS Health.
Beauty innovation only the start at CVS
The announcement by CVS Pharmacy president Helena Foulkes at last month’s National Retail Federation Big Show that the retailer will adopt standards that bring a new level of transparency to the images used to promote its beauty business caused a stir in the category and triggered a long overdue dis
Pharmacies feel the DIR fee pain
Suffice it to say, community pharmacies are getting squeezed by retroactive DIR fees. That’s what the results of a survey from the National Community Pharmacists Association said.
U.K. hair brand Nanogen hits CVS stores
Leading U.K. hair-thickening brand Nanogen is making a foray into the United States with retail distribution through CVS Pharmacy.
Rite Aid passes halfway mark in sale of stores to WBA
Rite Aid Corp. has completed the transfer of more than half of the stores it agreed to sell to Walgreens Boots Alliance last fall. Rite Aid said that, as of Feb. 8, it has transferred ownership of 1,114 stores and related assets to Walgreens Boots Alliance for cash proceeds of $2.424 billion.
Rexall makes no-Rx naloxone available chainwide
Rexall has rolled out naloxone kits to all 446 of its drug stores across Canada. The drug chain, part of McKesson Canada, said the opioid overdose antidote is available to patients without a prescription.