Rite Aid Corp. has purchased Town Hill Pharmacy, an independent drug store in Louisa, Ky. Terms of the transaction, announced Tuesday by Dallas-based merger-and-acquisition firm The Transition Companies LLC, weren’t disclosed.
A study by the National Community Pharmacists Association finds that some auditing and reimbursement practices by pharmacy benefit managers are harming community pharmacists’ ability to provide patient counseling and care to seniors.
Walgreen Co. has wrapped up its acquisition of regional drug store operator USA Drug. Walgreens announced the closing of the $438 million deal on Monday. Under the agreement, announced in early July, Walgreens purchased 144 drug stores, mainly in the mid-South region, from Stephen L.
In the wake of its acquisition of 45% of Alliance Boots, Walgreen Co. has reconfigured its management to advance its global strategy.
CVS/pharmacy is enabling shoppers enrolled in its loyalty program to earn bigger rewards on most purchases during the peak fall and winter shopping season. The drug chain said Monday that under a promotion running through Dec.
ProPhase Labs Inc., the maker of Cold-EEZE cold remedies, has rejected an unsolicited bid to be acquired by Matrixx Initiatives Inc., which owns the rival Zicam brand of cold and allergy products.
Timothy Booth has joined H.D. Smith as corporate vice president and head of its Home Healthcare Division (HHC).
Stephen Courtman has been appointed president of Health Mart, the drug store franchise network of McKesson Corp. The company also said Monday that Health Mart reached a milestone this month with the opening of its 3,000th member pharmacy.
Thomas Moriarty has been named executive vice president and general counsel at CVS Caremark Corp. CVS said Monday that Moriarty takes over from Douglas Sgarro, who retired in May after more than 14 years with the company.
Walmart is finally getting comfortable with small-box retailing, and the implications for chain drug stores could be ominous. Bill Simon, president and chief executive officer of Walmart U.S.
Meijer Inc. is slated to offer a novel medication management product called Pill Pouch at select stores in Michigan this month. The Pill Pouch aims to make it easier for people to manage multiple medications.
CVS Caremark Corp. is reviewing the Drug Enforcement Administration’s revocation of the controlled substance licenses of two of its stores in Sanford, Fla.
Asteres Inc. has gained approval from the New Jersey Board of Pharmacy for its ScriptCenter automated pharmacy kiosk to be used for 24×7 prescription pickup in hospitals and health care facilities.
Lannett Co. has been cleared by the Food and Drug Administration to market for butalbital, acetaminophen and caffeine tablets (50mg/325mg/40mg). The company said Friday that the combination product, slated to begin shipping next month, is a generic version of Fioricet.
Dr. Reddy’s Laboratories has launched metoprolol succinate extended-release tablets in the U.S. market.
Walgreen Co. is getting off to a strong start with its new customer loyalty program, Balance Rewards. The nation’s largest drug chain said Saturday that so far, over 1 million customers have signed up for the program since Sept. 6, when Walgreens launched its online-only enrollment process.
