CVS Caremark Corp. has acquired Drogaria Onofre, a Sao Paulo, Brazil-based retail drug chain with 44 stores. Larry Merlo, president and chief executive officer of CVS Caremark, said Wednesday during a conference call on the company’s fourth-quarter results that the Onofre deal closed late last week.
Patient and health care groups, including the pharmacy community, are calling on the Food and Drug Administration to reject the rescheduling of combination hydrocodone products from Schedule III to Schedule II.
The National Association of Chain Drug Stores Foundation has awarded research grants to three universities to examine how community pharmacy-provided medication management in care teams such as medical homes and accountable care organizations (ACOs) impact patient health outcomes.
Double-digit revenue gains helped drive increased earnings at CVS Caremark Corp. for the 2012 fourth quarter and fiscal year. The company said Wednesday that net revenue for the three months ended Dec. 31 rose 10.9% to $31.4 billion from $28.3 billion a year earlier.
Growth in pharmacy business, fueled by the severe flu season, helped boost same-store sales at Walgreen Co. in January. Walgreens said Tuesday that comparable-store sales rose 3.7% in January, with calendar day shifts positively impacting results by 1.
Sharon Driscoll has joined Katz Group Canada Ltd., the operator of the Rexall and Rexall Pharma Plus pharmacy chains, as executive vice president and chief financial officer.
Mylan has entered an agreement with Biocon Ltd. to collaborate on the development and commercialization of generic versions of three insulin analog products.
OraHealth has introduced XyliMelts for Dry Mouth oral adhering discs, which the company touts as the only remedy that effectively addresses the sleep disruption and tooth decay associated with dry mouth.
H.D. Smith has appointed Tim Booth as executive vice president of Smith Medical Partners, its specialty pharmaceutical distribution and services subsidiary. The pharmacy wholesaler said Monday that Booth, previously corporate vice president of H.D.
True-Dose pet supplements have landed distribution through the Chain Drug Consortium. ENB Science LLC said Friday that the True-Dose will become part of the consortium’s Premier Value brand and be offered to its member pharmacy retailers via the Just Fur Pets Program.
Walgreen Co. is offering third-party mobile application developers an application programming interface (API) that enables them to integrate the drug chain’s prescription refill technology.
The nation’s changing health care environment is creating a new dynamic of need and demand that calls on community pharmacy to play a bigger role, Walgreen Co.
Supervalu Inc. has installed Sam Duncan as president and chief executive officer, moving up the date for the former OfficeMax CEO to begin running the reorganized food and drug retailer.
The National Community Pharmacists Association and the National Association of Chain Drug Stores are calling for the federal government to expand pharmacists’ role in accountable care organizations (ACOs).
Save Mart Supermarkets has kicked off a yearlong campaign to raise customer awareness about the risks of heart disease.
Regional drug chains that fill the right niche can not only survive, but thrive. That’s the message of successful small pharmacy chains nationwide, many of whom are gathered here for the National Association of Chain Drug Stores Regional Chain Conference.
