National Association of Chain Drug Stores president and chief executive officer Steve Anderson has been selected as the 2016 Trade Association CEO of the Year by an independent panel of association leadership experts.
Diplomat Pharmacy has announced three promotions within the company’s executive leadership team. Atheer Kaddis has been appointed executive vice president of sales and strategic alignment, a position in which he coordinates Diplomat’s strategies within the business units.
The Supreme Court has ruled that health insurers do not have to share data, including information about how much they pay for medical claims, with state agencies. The 6-2 decision is seen as a blow to state government efforts to track health care costs within their jurisdictions.
CVS Health says that prescription drug trend for its pharmacy benefit management clients dropped to 5% in 2015 from a high of 11.8% in 2014. The trend drivers — including brand, specialty and generic price inflation — were similar to what was seen in 2014, but CVS Health asserts that its pharmacy
Pharmasave Ontario Ltd. is continuing its steady expansion. Part of the Pharmasave Drugs National Ltd. cooperative, Pharmasave Ontario plans to open seven new stores in the first quarter. Several other stores are slated for late spring openings.
The Chain Drug Marketing Association’s 90th annual Trade Expo was hailed by participants as one of the organization’s best. “CDMA continues to hit it out of the park,” said Lanny Doud, executive director of QualityCare Pharmacies.
Good Day Pharmacy said it had been named best in class by OutcomesMTM, a Cardinal Health company that designs, delivers and administers medication therapy management programs. Good Day Pharmacy is an independently owned pharmacy chain under the Health Mart umbrella.
Blood pressure kiosks in retail pharmacies are a key focus of an international effort by hypertension organizations to tighten the regulation of consumer BP devices.
The National Association of Chain Drug Stores announced that Vonnie Hampel has been hired as the association’s new director of federal government affairs. Hampel most recently worked as senior legislative assistant, press secretary and manager of health policy issues for Iowa Democratic Rep.
Rite Aid Corp. has begun making talking prescription devices available to help its pharmacy customers with visual impairments.
McKesson Corp.’s agreement to acquire Rexall Health from Katz Group is notable in several respects. The transaction alters the balance of power in the Canadian pharmacy market.
Fast Company, one of the more appealing and relevant business publications to have come along in recent years, recently compiled a list of the world’s 50 most innovative companies. Several familiar names were included, perhaps most notably to retail students, CVS Health.
Benzer Pharmacy’s specialty medication arm has set up shop on New Orlean’s Canal Street by establishing a center of excellence, with a focus on HIV and hepatitis C. Located at 2525 Canal St.
Vitamin and nutritional supplement maker NBTY Inc. has entered a joint venture to spur the growth of its Nature’s Bounty and MET-Rx brands in China. NBTY said Friday that it has partnered with Hong Kong-based By-Health Co. Ltd., a leading dietary supplement company in China.
Sanat Chattopadhyay has been promoted to executive vice president and president of the Merck Manufacturing Division (MMD). Plans call for Chattopadhyay, currently senior vice president of Global Manufacturing Operations (Human Health), to start in the new position on April 1.
The Hershey Co. has entered a two-year partnership as the exclusive confectionery sponsor of USA Gymnastics through 2017. With the partnership, Hershey also has named Shannon Miller, the most decorated American gymnast in history, as a Hershey’s brand ambassador through the Rio 2016 Olympic Games.
