GPhA: Savings huge from generic patent settlements
Generic drugs launched before patent expiration because of a patent settlement reached the market an average of 81 months sooner than patent expiry, saving the U.S.
CDR
Pharmacy industry coalition takes aim at PBM audits
Key pharmacy industry players have joined a coalition that has launched a project to ensure "fair and reasonable" pharmacy audit standards for Medicare Part D prescription drug claims.
NCPA hails ‘pharmacy choice’ legislation in Hawaii
Hawaii has enacted two new measures that will give the state’s residents more choice of where to fill their prescriptions and additional medical privacy protections, according to the National Community Pharmacists Association. NCPA said Tuesday that Gov. Neil Abercrombie (D.
General Mills to launch over 200 new products
This summer, General Mills Inc. plans to begin rolling out more than 200 new products, ranging from cereals, snack bars and yogurt to bake mixes, meal kits, and breakfast and gluten-free items.
ONE lubricants debut at Walgreens, CVS
Premium condom brand ONE has added personal lubricants to its product lineup. Global Protection Corp.
Jean Coutu reports uptick in sales, earnings
Despite the deflationary impact of new generic drugs, Jean Coutu Group posted a slight revenue and same-store sales gains for its fiscal 2014 first quarter, while adjusted earnings were in line with analysts’ forecast.
Kroger grows pharmacy base with Harris Teeter buy
The Kroger Co. has lifted its pharmacy count over the 2,000 mark with its $2.5 billion deal to acquire Harris Teeter Supermarkets Inc.
Research links Rx adherence, preventable medical costs
The National Association of Chain Drug Stores is spotlighting new research that ties medication adherence to avoidable medical expenses.
Patents affirmed for Mylan’s Perforomist
Mylan Inc. said a federal appeals court has upheld patents for its Perforomist inhalation solution. The company reported Monday that the U.S.
Orexo cleared to launch Zubsolv
Orexo U.S. Inc. has received approval from the Food and Drug Administration for Zubsolv sublingual tablets, indicated for the maintenance treatment of opioid dependence.
AmerisourceBergen readies for community pharmacy conference
AmerisourceBergen Drug Corp. is getting set to kick off ThoughSpot 2013, its annual community pharmacy trade show, later this month in Las Vegas.
Study: Drug chains rate highly in convenience
Convenience remains a linchpin of pharmacy customer satisfaction, and chain drug stores appear to be gaining ground by that metric, a study by Boehringer Ingelheim Pharmaceuticals Inc. reveals.
Rexall supports Alberta flood relief effort
Rexall Pharma Plus is donating $50,000 to the Canadian Red Cross Alberta Floods Fund to support the relief and recovery effort in the wake of the province’s devastating flooding last month.
Martindale becomes Rite Aid president
Ken Martindale, who has been a proponent of change and innovation at Rite Aid Corp., has been named the company’s president. The 53-year-old Martindale had been senior executive vice president and, since 2010, chief operating officer, a post he retains.
Educational campaign on ACA gets under way
Seeking to educate Americans about the upcoming health insurance exchanges under the Affordable Care Act (ACA), the Obama administration has relaunched a website and opened a 24-hour call center.
In-store clinics will see surge in demand
Demand from newly insured patients under the Affordable Care Act (ACA) will double the number of retail clinics in the next three years, management consulting firm Accenture has projected. Walk-in clinics will drive $800 million in annual cost savings by 2015 and add capacity for 10.