NABP flags illegal online drug sellers
A National Association of Boards of Pharmacy (NABP) examination of more than 10,000 websites selling prescription drugs found that 97% were operating out of compliance with U.S.
CDR
NACDS: Bill could coordinate federal action on Rx abuse
Pending legislation can help align the response of federal agencies to the rising problem of prescription drug abuse and drug diversion, according to the National Association of Chain Drug Stores. In a letter Thursday to Sen. Tom Harkin (D.
Pharmacist specialty certifications on the rise
Complex medication regimens and challenges in health care delivery are driving exponential growth in the demand for BPS board-certified pharmacists, according to the Board of Pharmacy Specialties (BPS).
Taro nixes Sun Pharma buyout bid
Taro Pharmaceutical Industries Ltd. has given a thumbs-down to an unsolicited buyout proposal by Sun Pharmaceutical Industries Ltd. Taro said Thursday that a special committee of its board unanimously rejected the Oct.
Jean Coutu Group board adds new member
The board of Jean Coutu Group has elected Cora Mussely Tsouflidou as a director. The Canadian drug chain said late Wednesday that Tsouflidou was voted onto the Jean Coutu Group board at the company’s recent shareholders meeting.
Sales climb in 2Q at Shoppers Drug Mart
Shoppers Drug Mart Corp. saw revenue and same-store sales edge up for its 2012 second quarter. The Canadian drug chain’s net earnings dipped in the second quarter versus a year ago, although earnings per share rose and were in line with the consensus estimate of financial analysts.
Not Your Mother’s supports breast cancer organization
Not Your Mother’s hair care plans to donate 10% of all of its online sales during October to the Young Survival Coalition (YSC) in recognition of Breast Cancer Awareness Month. The company said that in addition to the donation through business on its nymbrands.
CVS reckons gain from Walgreens-ESI standoff
With the news of a contract accord between Walgreen Co. and Express Scripts Inc., CVS Caremark Corp. raised its projected earnings benefit from the impasse between the two rivals.
Walgreens, Express Scripts settle contract dispute
Walgreen Co. and Express Scripts Inc. have reached a multiyear pharmacy network agreement that includes rates and terms under which the nation’s largest drug chain will participate in the broadest Express Scripts retail pharmacy network available to new and existing clients.
Dr. Reddy’s launches Lipitor generic
Dr. Reddy’s Laboratories has shipped atorvastatin calcium tablets, a medication for high cholesterol, in the U.S. market.
Unilever, Cynosure team on facial wrinkle device
Cynosure Inc. has received approval from the Food and Drug Administration for an over-the-counter device, developed with Unilever, to treat facial wrinkles.
VIVUS gets FDA OK for obesity drug
VIVUS Inc. has been cleared by the Food and Drug Administration to market Qsymia, a weight-loss pill aimed at adults struggling with obesity and related health conditions.
Winn-Dixie rolls out prescription discount program
Winn-Dixie has launched a prescription savings program offering deep discounts on more than 400 generic drugs and various levels of savings on brand-name medications and other generics. The Rx discount program runs through the Winn-Dixie Reward Card.
NACDS, NCPA brief Senate caucus on Rx abuse
The National Association of Chain Drug Stores and the National Community Pharmacists Association provided comment to a Senate caucus on the pharmacy sector’s engagement in the prevention of prescription drug abuse.
Duane Reade promotes electric vehicle use
To help reduce vehicle air pollution, Duane Reade is asking to New Yorkers which of its drug stores should be served solely by electric trucks. The Manhattan-based drug chain, part of Walgreen Co.
Lannett appoints new chairman
Jeffrey Farber, vice chairman at Lannett Co., has been named chairman, succeeding Ronald West. The generic drug maker said Monday that Farber takes over the chairman’s post effective immediately.