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CDR

NACDS touts findings of CMS study on MTM

A new Centers for Medicare & Medicaid Services (CMS) study on medication therapy management brings "further proof" of the benefits of pharmacist-led MTM services in improving patient health and mitigating medical costs, according to Steve Anderson, president and chief executive officer of the Nation

Shoppers Drug Mart finishes fiscal year on high note

Shoppers Drug Mart finishes fiscal year on high note

Shoppers Drug Mart Corp. ended fiscal 2012 with solid revenue gains for the fourth quarter and full year, along with upticks in earnings per share. Canada’s largest drug chain said Thursday that for the fourth quarter ended Dec. 29, total sales rose 4.4% year over year to $2.72 billion (Canadian).

Shopko’s mobile pharmacy app builds following

Shopko reports that pharmacy customers are embracing its mobile application to help manage their prescriptions. The retailer said Tuesday that more than 1,000 prescriptions a day are being refilled via the Shopko mobile pharmacy app, introduced last year, and that number is rising fast.

Kirby Lester unveils midsize dispensing robot

Kirby Lester has expanded its pharmacy automation lineup with the new KL100 midsize dispensing robot. The company said Wednesday that the KL100 brings a new level of efficiency and medication safety to higher-volume retail/outpatient pharmacies and central fill facilities.

Perrigo testosterone gel gets FDA’s OK

Perrigo Co. has received Food and Drug Administration approval for its New Drug Application (NDA) for testosterone gel 1%. The company said Tuesday that its NDA included a bioequivalence study that compared its product with AbbVie’s AndroGel 1%.

CVS closes deal to buy Brazilian drug chain

CVS closes deal to buy Brazilian drug chain

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.

NACDS Foundation funds Rx management research

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.

CVS Caremark caps off 2012 with strong 4Q

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.

Walgreens sees same-store sales gain in January

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.