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CVS, Walgreens take part in youth jobs coalition

CVS, Walgreens take part in youth jobs coalition

CVS Health, Walgreens, Walmart and Target are among more than a dozen U.S.-based companies forming the 100,000 Opportunities Initiative, an employer-led coalition that aims to create pathways to jobs for America’s young people.

NACDS hails House passage of 21st Century Cures

NACDS hails House passage of 21st Century Cures

The U.S. House of Representatives has passed the 21st Century Cures Act (H.R. 6), which the National Association of Chain Drug Stores said will speed the pace of cures and medical breakthroughs and position pharmacy to play a pivotal role in the delivery of new drug treatments to patients.

Novartis set to release Entresto heart failure drug

Novartis set to release Entresto heart failure drug

Novartis has received Food and Drug Administration approval for Entresto (sacubitril/valsartan) tablets, a medication for heart failure with reduced injection fraction. An angiotensin receptor neprilysin inhibitor (ARNI), Entresto reduces the strain on a failing heart.

Small chains show they can compete

Small chains show they can compete

Walgreens, CVS/Pharmacy, Rite Aid and Walmart among them — receive a great deal of attention. Similarly, regional chains including Wegmans, H-E-B, Publix and Schnucks are examples of a force in their respective markets.

NCPA applauds lawmakers’ pursuit of MAC pricing transparency

NCPA applauds lawmakers’ pursuit of MAC pricing transparency

Eleven congressmen have asked the Centers for Medicare & Medicaid Services (CMS) for information on the enforcement of transparency measures for generic drug payments in Medicare Part D plans for 2016. The National Community Pharmacists Association said Thursday that this week U.S. Reps.

Fred’s enlists A.T. Kearney to spur Rx business

Fred’s enlists A.T. Kearney to spur Rx business

Fred’s Inc. has retained global management consulting firm A.T. Kearney to help the retailer grow its pharmacy business. In reporting June sales on Thursday, the discount store chain noted that its expanded specialty pharmacy operation were a key driver of revenue growth for the month.

Pessina named CEO of Walgreens Boots Alliance

Pessina named CEO of Walgreens Boots Alliance

Walgreens Boots Alliance Inc. announced executive vice chairman Stefano Pessina as its permanent chief executive officer in reporting increased sales and earnings for its fiscal 2015 third quarter. The company said Thursday that its board of directors appointed Pessina as CEO, effective immediately.

Carma Labs names domestic sales VP

Former Kellogg’s and PepsiCo executive Frank Simone has been appointed as vice president of domestic sales at Carma Laboratories Inc., the maker of Carmex lip care products.