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CDR

New approaches to health care long overdue

The walls that have demarcated areas of responsibility within the U.S. health care system are beginning to crumble, as payers, providers and patients seek better ways to ensure quality care and, at the same time, limit expenditures that are the highest in the world, consuming almost 18% of GDP.

Rite Aid gauges sales impact of Hurricane Sandy

Rite Aid Corp. said consumer preparations for Hurricane Sandy gave a lift to same-store results in October but reported that the storm will negatively impact comparable-store sales for November. The drug chain said Thursday that for the four weeks ended Oct. 27, same-store sales fell 1.

Walgreens, Alliance Boots form joint venture

Walgreen Co. and Alliance Boots have set up a joint venture company as part of their strategic partnership. Walgreens said Tuesday that the new company, Walgreens Boots Alliance Development GmbH, was created for the partners’ synergy program. The joint venture is based in Bern, Switzerland.

The Top 100 Drug Store Markets

The Top 100 Drug Store Markets

In the battle for market share among chain drug retailers, store formats are pre-empting numbers. Rather than seeking to dominate metropolitan areas by saturating them with new stores, drug chains are seeking to draw shoppers with distinctive retail concepts. Walgreen Co.

Watson releases Actos generic

Watson Pharmaceuticals Inc. has begun shipping pioglitazone hydrochloride tablets (15mg, 30mg and 45mg), a diabetes medication. Watson said it released the product, a generic version of Mylan’s Actos, after receiving final approval Friday from the Food and Drug Administration.