Mylan N.V. has rejected an unsolicited bid to be acquired by Teva Pharmaceutical Industries Ltd. in a cash-and-stock deal valued at more than $40 billion. Mylan said Monday that its board of directors unanimously voted against Teva’s offer, which was announced on April 21.
The National Community Pharmacists Association is giving a thumbs-down to a proposed preferred pharmacy pilot program for TRICARE, the health benefits program for the nation’s armed forces.
The National Association of Chain Drug Stores has applauded the efforts of several members of Congress to obtain a transition period for new federal upper limits (FULs) in Medicaid reimbursement.
Discount Drug Mart saw its third straight year of improvement in 2014, as sales climbed 6.5% to some $621 million. Thriving pharmacies are the backbone of the 72-store Ohio drug chain’s business.
Moberg Pharma AB has acquired baby care and skin care brand Balmex from Chattem Inc., the U.S. consumer health division of Sanofi, for $3.9 million.
Drug chains are leveraging their strengths of accessibility and convenience as they extend their core prescription drug business further into the health care realm and diversify their front-end mix.
Walgreens Boots Alliance Inc. (WBA) sees significant opportunities ahead as the company integrates its global operations.
Interviewed in his office some three months into his mandate as president of Shoppers Drug Mart (SDM), Mike Motz exuded the energy and enthusiasm that his colleagues say has typified his approach to his whole career in retail management.
The federal government is looking into the effect of generic drug price increases on Medicaid. The Office of the Inspector General of the Department of Health and Human Services (HHS) will compare generic price increases between 2005 and 2014 to the inflation rate.
After eight months on the job as president and chief executive officer of Walmart U.S., Greg Foran has gained a clear view of where the retailer needs to improve and what it needs to do. Foran shared his views on the state of the nation’s largest retailer during its Strategic Update for
Bob Miller has been named chief executive officer of Albertsons, replacing Robert Edwards, who will assume the role of vice chairman. Miller will continue to serve as executive chairman of the company, which comprises Albertsons LLC, New Albertsons Inc. and Safeway Inc.
CVS Health has entered into new clinical affiliations with Rush University Medical Center in Chicago and with Tucson Medical Center in Tucson and its accountable care organization, Arizona Connected Care.
CVS Health’s Longs Drugs will acquire the pharmacy operations of all 10 Mina Pharmacy locations in Hawaii, with six Mina locations to be renamed Longs Pharmacy and four stores to close, according to Pacific Business News.
Walgreens Boots Alliance Inc. and UnitedHealthcare have partnered in a pilot program to integrate Walgreens Balance Rewards for healthy choices with UnitedHealthcare’s mobile app, Health4Me.
The Neighbourhood Pharmacy Association of Canada (NPAC) will introduce a new event at its annual conference next month in Quebec City.
The Retail Pharmacy International division of Walgreens Boots Alliance (WBA) is growing by adapting its global values to meet the specific needs of consumers in different countries.
