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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

Poll: Doctors should get final say on Rx

Most Americans want their doctor to make the call in determining which prescription medication they take for a certain condition, according to an AstraZeneca-sponsored survey. AstraZeneca said Monday that the online poll of 1,000 U.S.

Walgreens reports slim comp-store gain

Walgreens reports slim comp-store gain

Walgreen Co. saw same-store sales growth decline for the third straight month in November as several negative factors impacted the pharmacy, including the drug chain’s stand-off with pharmacy benefit manager Express Scripts Inc. Walgreens said Monday that, including a 0.

New shop goes live on CVSphoto.com

CVS/pharmacy has launched a new Card and Stationery Shop on CVSphoto.com and unveiled an enhanced and expanded collection of greeting card and invitation options for the holidays.

Crossmark set to acquire NCiM

Consumer product sales and marketing specialist Crossmark plans to buy national marketing agency New Concepts in Marketing Inc. (NCiM). Terms of the deal weren’t disclosed.

Ranbaxy, Teva in accord on Lipitor generic

Ranbaxy Laboratories Ltd. and Teva Pharmaceuticals USA Inc. have entered an agreement on their respectives launches of generic versions of Lipitor, Pfizer’s cholesterol-reducing medication. Jerusalem-based Teva Pharmaceutical Industries Ltd.

Analysis: What’s the next blockbuster after Lipitor?

Analysis: What’s the next blockbuster after Lipitor?

With the launch of an authorized generic, Lipitor — the medication that defined the term mega-blockbuster — has now lost patent protection. Astutely managed chain pharmacy organizations have calculated the effect on sales and margins going forward.

Navarro Discount Pharmacy opens 30th location

Pushing ahead with its expansion plan, Navarro Discount Pharmacy officially opened the doors to its 30th drug store, in Homestead, Fla. Navarro CEO Juan Ortiz said the new Homestead, Fla., store has seen robust traffic and higher-than-normal opening sales.

CVS Caremark makes specialty Rx appointment

Randy Falkenrath has been named senior vice president of specialty pharmacy at CVS Caremark Corp. CVS said Thursday that in the role, Falkenrath will oversee the ongoing development of the company’s clinical programs and product management to support its specialty pharmacy business.

Rite Aid posts same-store sales gain in November

The pharmacy was the driver behind a lift in same-store sales for Rite Aid Corp. in November. Rite Aid said Thursday that for the five weeks ended Nov. 26, comparable-store sales advanced 1.9% versus a year earlier. That was down from a 2.9% gain in October — which marked the drug

Authorized generic Lipitor rolled out by Watson

In what it called the largest generic product launch in U.S. history, Watson Pharmaceuticals Inc. has begun shipping an authorized generic version of Pfizer’s blockbuster cholesterol-lowering drug Lipitor. The shipment of Watson’s Lipitor generic signals the start of the "generic wave.