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AstraZeneca to downsize U.S. sales force

AstraZeneca plans to cut more than 1,000 jobs from its U.S. sales force as part of a restructuring program unveiled last year. The pharmaceutical firm said Wednesday that it aims to eliminate about 1,150 leadership positions and sales representatives, or roughly 24% of its U.S. sales organization.

HHS nixes FDA OK of wider OTC use for morning-after pill

U.S. Department of Health and Human Services Secretary Kathleen Sebelius has overruled a decision by the Food and Drug Administration that would have allowed women under age 17 to buy the Plan B One-Step morning-after pill without a prescription.

CVS ramps up mobile shopping platform

CVS ramps up mobile shopping platform

Catering to the swelling ranks of smartphone users, CVS/pharmacy has made the entire CVS.com catalog available to shoppers through its mobile site (m.cvs.com). CVS said Wednesday that the move, which also includes access to the CVS Photo mobile site (m.cvsphoto.com) and MinuteClinic mobile site (m.

Ranbaxy rolls out Caduet authorized generic

Ranbaxy Pharmaceuticals Inc. has launched an authorized generic version of Caduet, indicated for the treatment of high blood pressure and high cholesterol. Ranbaxy said Tuesday that the product is being introduced in the U.S. market under an agreement with Pfizer Inc.

CEO succession, new COO at Prasco

Christopher Arington has been promoted to vice chairman and chief executive officer of authorized generic drug maker Prasco Laboratories. Previously president and chief operating officer, he takes the CEO reins from his father, Prasco chairman and founder E. Thomas Arington.

Senate PBM hearing: Retail Rx execs blast merger

Senate PBM hearing: Retail Rx execs blast merger

Retail pharmacy executives told a Senate panel that the merger of Express Scripts Inc. and Medco Health Solutions Inc., if approved, could lead to higher prescription drug costs and limit patient access to pharmacy services, in turn negatively impacting health outcomes.

Consumers satisfied with Rx coverage, survey says

When it comes to prescription drug benefits, cost matters much more to consumers than access to every branded medication and local drug store, according to a survey commissioned by the Pharmaceutical Care Management Association (PCMA).

Nipro honored as a top manufacturer in Florida

Nipro Diagnostics Inc. has won the 2011 Manufacturer of the Year Award from the Manufacturers Association of Florida (MAF). The diabetes management product company said Monday that it was recognized in the large company category (more than 500 employees).

Senators urge close FTC scrutiny of PBM merger

Senators urge close FTC scrutiny of PBM merger

The National Community Pharmacists Association hailed a call by three U.S. senators for the Federal Trade Commission to make a careful examination of the proposed merger of pharmacy benefit managers Express Scripts Inc. and Medco Health Solutions Inc.

Rite Aid Xmas promotion aimed at Facebook fans

Rite Aid Corp. has launched "25 Deals of Christmas," a new seasonal promotion that offers its fans on the social media site Facebook the first chance at a limited number of high-value coupons for gifts and stocking stuffers. The drug store chain said Monday that new deals will be offered each