After years of political and legal wrangling, the Centers for Medicare & Medicaid Services (CMS) has issued its final rule on Covered Outpatient Drugs, which governs reimbursement to retail pharmacies for generic medications dispensed under Medicaid.
Challenging conditions notwithstanding, advanced data science provides cause for optimism this year for consumer packaged goods marketers. That is the message of IRI’s latest Times & Trends report, “Taking Stock of CPG Past and Future: Gear Up Now for a Year of Growth.
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especially parents — are highly skeptical of this year’s flu shot, despite efforts by the media
In comments to Congress, the National Community Pharmacists Association called for more oversight of pharmacy benefit management (PBM) companies.
Boehringer Ingelheim Pharmaceuticals Inc. has released Spiriva Respimat, an asthma treatment, to U.S. pharmacies. BI noted that Spiriva Respimat isn’t a medication for sudden asthma symptoms. The Food and Drug Administration approved a once-daily dose of Spiriva Respimat 2.
Rite Aid Corp. stockholders have voted overwhelmingly to approve the company’s $17.2 billion deal to be acquired by Walgreens Boots Alliance Inc. Approximately 97% of the votes cast at a special meeting of stockholders on Thursday were in favor of the deal.
AmerisourceBergen Corp. has entered a long-term distribution deal with food and drug chain Publix Super Markets Inc. that includes branded, generic and over-the-counter pharmaceuticals.
Lannett Co. has instituted a restructuring plan to streamline operations, sharpen efficiencies and trim costs. Announced this week, the plan is part of the generic drug maker’s efforts to integrate its recently completed acquisition of Kremers Urban Pharmaceuticals Inc.
Bonfit America Inc. is spotlighting its Steripod toothbrush protector for National Children’s Dental Health Month, held in February by the American Dental Association. The clip-on Steripod protector fits any standard or electronic toothbrush.
Schick has relaunched the Hydro 5 men’s razor with an enhanced design to improve the shaving experience via more skin protection and less shave irritation.
The latest Duane Reade store aims to bring a higher level of convenience to hurried commuters in Manhattan’s Penn Station.
Food and drug retailer and distributor Supervalu Inc. has hired Mark Gross as president and chief executive officer. Supervalu said Wednesday that Gross takes the CEO reins effective Feb. 5 and will succeed Sam Duncan, who is retiring at the end of this month.
The first CVS pharmacies have opened in six Target discount stores in North Carolina. Branded as CVS Pharmacy, the pharmacies are being operated as store-within-a-store departments and are located in Hickory, Monroe, Morrisville, Raleigh, Matthews and Wesley Chapel, N.C.
Hamacher Resource Group Inc. has expanded its ownership team.
Pharmaceutical supply chain and economics expert Adam Fein, CEO of the Drug Channels Institute, says specialty drugs continue to hoist pharmacy industry sales, according to his firm’s latest analysis.
