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CVS Caremark: FTC probe now closed

CVS Caremark Corp. said it has settled a Federal Trade Commission investigation involving the Rx America subsidiary of Longs Drug Stores Corp., which CVS acquired over three years ago.

Annual meeting: Walgreens sticks to strategy

Annual meeting: Walgreens sticks to strategy

Walgreen Co. is well-positioned for growth with its "health and daily living store" strategy and will continue to move forward with innovations in retailing and pharmacy care, company executives said at the drug chain’s annual shareholders meeting.

TheraMax social media campaign under way

TheraBiogen Inc., the maker of TheraMax homeopathic nasal sprays for allergy, cold and flu symptoms and migraine headaches, has completed the launch of its Times Square Social Media campaign.

Shire acquires U.S. rights to Resolor

Shire PLC has acquired the rights to develop and market the gastrointestinal drug Resolor in the United States in an agreement with Janssen Pharmaceutica N.V. Shire said Tuesday that under the terms of the agreement, the U.S. rights to the Resolor trademark will be transferred to the company.

Shopko launches pharmacy mobile app

Shopko Stores has rolled out a mobile pharmacy application that enables customers to refill and manage their pharmacy prescriptions from a variety of smartphones.

NACDS, NCPA hail senators’ action on FULs

A group of senators drew praise from the National Association of Chain Drug Stores (NACDS) and National Community Pharmacists Association (NCPA) for their efforts in questioning draft federal upper limit (FUL) lists for Medicaid generic drug reimbursement recently published by the Centers for Medica

Perrigo to acquire CanAm Care

Perrigo Co. has entered an agreement to acquire CanAm Care, a distributor of diabetes care products. Perrigo said Monday that the $36 million cash deal to buy Alpharetta, Ga.

Catalina Marketing names former Dell exec as CIO

Catalina Marketing Corp. has appointed John Miles as its new executive vice president and chief information officer. The marketing specialist said Monday that in the CIO role, Miles will be responsible for leading IT strategy, research and development, and new product development.

Walgreens to open new flagship store in Chicago

Walgreens to open new flagship store in Chicago

Walgreen Co. tomorrow plans to open a new, two-story flagship store on Chicago’s historic State Street that sports expanded pharmacy and front-end offerings plus other innovative features not found in a traditional drug store.

Rite Aid appoints managed care executive

Wendy Barnes has joined Rite Aid Corp. as group vice president of managed care. The drug store chain said Monday that Barnes comes to the company from Premier Healthcare Alliance, where she served as a pharmacy contracting and new business development director since February 2009.