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Online pharmacy safety bill endorsed by NACDS

The National Association of Chain Drug Stores has expressed its support for The Online Pharmacy Safety Act, designed to help protect consumers from illicit online drug sellers. The National Association of Chain Drug Stores (NACDS) today expressed support for H.R.

Rite Aid enlists partner for 340B program

Rite Aid Corp. has named CaptureRx as its preferred 340B technology vendor and administrator. The drug chain said Tuesday that via CaptureRx it will offer contract pharmacy services to dispense 340B-priced drugs to patients of eligible community health centers and hospitals nationwide.

PTCB kicks off program to work with employers

The Pharmacy Technician Certification Board (PTCB) has launched the Employer Partnership Program, designed for chain, community and health-system pharmacies that want to encourage pharmacy technicians to participate in the PTCB certification program.

Pfizer buys Emergen-C maker Alacer

Pfizer Inc. has acquired Alacer Corp., the maker and distributor of Emergen-C products, the nation’s largest-selling branded vitamin C product line. Financial terms of the deal, announced Monday, weren’t disclosed.

Mylan’s Mauro tabbed as GPhA chairman

Tony Mauro, president of Mylan North America and its Mylan Pharmaceuticals subsidiary, has been elected as chairman of the Generic Pharmaceutical Association (GPhA) board of directors. Mylan said Friday that Mauro’s term as GPhA chairman will last for one year.

Rite Aid closes offering of new senior notes

Rite Aid Corp. has completed the issuance of $481 million in senior unsecured notes due in 2020, the proceeds from which will be used to help refinance debt. The drug chain said Monday that it has closed its offering, announced earlier this month, of 9.25% senior notes due 2020. Along with

Coalition chides Express Scripts CEO for remarks

Preserve Community Pharmacy Access Now! (PCPAN), a coalition formed last fall to oppose the merger of Express Scripts Inc. and Medco Health Solutions Inc., blasted Express Scripts chief executive officer George Paz for comments that the group said devalued the role of community pharmacists.

Rx groups hail Supreme Court ruling on Medi-Cal

Rx groups hail Supreme Court ruling on Medi-Cal

The National Association of Chain Drug Stores, American Pharmacists Association (APhA), National Community Pharmacists Association (NCPA) and National Alliance of State Pharmacy Associations (NASPA) applauded a 5-4 decision by the U.S.

Loeffler blasts Express Scripts-Medco deal

The pending $29 billion merger of Express Scripts Inc. and Medco Health Solutions Inc. is “not bad for a couple of middlemen,” National Association of Chain Drug Stores chairman Bob Loeffler said this month during a withering attack at the organization’s Regional Chain Conference.

Impact of impasse reflected in January sales

Retail sales in January were generally mixed, and the leading drug chains’ fortunes — notably Walgreen Co. — varied widely. Overall, chain drug store sales improved a modest 2.3% to $18.17 billion during January, while same-store sales edged up just 0.5%.

Walgreens is moving ahead

January sales figures underlined the impact of Walgreen Co.’s loss of Express Scripts Inc.’s prescription business, but the numbers did not dismay all analysts.