NACDS appoints pharmacy care manager
Pharmacist Nick Dorich has joined the National Association of Chain Drug Stores as manager of pharmacy care and the NACDS Foundation as manager of foundation programs.
CDR
Rite Aid sees same-store sales dip in June
Comparable-store sales were down at Rite Aid Corp. in June, marking the drug chain’s first monthly decrease in more than a year. Rite Aid said Thursday that for the four weeks ended June 30, same-store sales declined 1% year over year. That was down from a 1.1% gain in May, and
Walgreens agrees to buy USA Drug
Walgreen Co. has wasted no time in following up on its blockbuster deal with Alliance Boots. The nation’s largest drug chain on Thursday said it plans to acquire the USA Drug pharmacy chain, which operates 144 stores, mostly in the Mid-South, under the USA Drug, Super D Drug, May’s Drug, Med-X and
Mylan releases generics of Clarinex, Lithobid
Mylan Inc. has starting shipping desloratadine tablets (5 mg), an allergy medication, and carbonate extended-release tablets (300 mg), a treatment for manic episodes of bipolar disorder. The company said Tuesday that both products were released by its Mylan Pharmaceuticals Inc.
Health reform ruling leaves Medicaid question mark
The U.S. Supreme Court’s complex decision to preserve the core components of the Affordable Care Act (ACA) health care reform law could impact community pharmacies that fill prescriptions covered by Medicaid.
APhA starts taking nominations for practitioner awards
The American Pharmacists Association (APhA) has begun accepting nominations for its practitioner awards and honors, which are administered by the APhA Academy of Pharmacy Practice and Management (APhA-APPM).
CVS, Cardinal recognized for workplace wellness
CVS Caremark Corp. and Cardinal Health Inc. have been honored with Best Employers for Healthy Lifestyles awards by the National Business Group on Health. Both companies announced this week that they were selected as Platinum winners for the annual award, now in its eighth year.
PBMs SXC, Catalyst wrap up merger
Pharmacy benefit managers (PBMs) SXC Health Solutions Corp. and Catalyst Health Solutions Inc. have completed their $4.4 billion merger deal.
Feedback sought on draft pharmacy accreditation standards
The Center for Pharmacy Practice Accreditation (CPPA) is seeking review and comment on newly released draft standards for community pharmacy practice accreditation.
Cold-EEZE rolls out daytime/nighttime remedy
ProPhase Labs Inc. has launched Cold-EEZE Cold Remedy Daytime/Nighttime QuickMelt tablets. The company said Monday that the new product marks its first-ever daytime/nighttime cold remedy.
Bristol-Myers Squibb to buy Amylin for $5.3 billion
Bristol-Myers Squibb Co. plans to acquire Amylin Pharmaceuticals Inc. for $31 per share in cash, pursuant to a cash tender offer and second-step merger, for an aggregate purchase price of about $5.3 billion.
Anheuser-Busch InBev to acquire rest of Grupo Modelo
Brewing giant Anheuser-Busch InBev plans to buy the remaining interest in Grupo Modelo S.A.B. de C.V. it doesn’t own in a deal valued at $20.1 billion. The companies said Friday that the transaction, expected to close in the first quarter of 2013, will bring together Corona and Budweiser beer as
American Greetings adds new justWink card collection
American Greetings Corp. has expanded its justWink greeting card line with a new collection of designs.
Retail trade groups criticize health reform decision
The Supreme Court’s ruling to let stand the major elements of the Patient Protection and Affordable Care Act (PPACA) health reform law drew fire from retail industry organizations.
In Canada, the going gets tougher for drug chains
Community pharmacy sales are still lagging those of other retail sectors in Canada, where provincial reforms are squeezing prescription drug business. According to Statistics Canada, pharmacy sales for the period to the end of February rose just 2.7%, despite an additional day during the month.
APhA: Ruling spells opportunity for pharmacists
The American Pharmacists Association (APhA) aims to push ahead with efforts to gain full implementation of "pharmacy-friendly" provisions of the Affordable Care Act (ACA) following the Supreme Court’s decision to uphold the major components of the health care reform law.