‘Risky trade-offs’ in Rx use, Consumer Reports poll finds
Financially pressured Americans are making tradeoffs with prescription drugs that could be dangerous to their health, according to a survey by Consumer Reports.
CDR
Lannett to ship Loxitane generic
Lannett Co. has received approval from the Food and Drug Administration for loxapine capsules, an anti-psychotic medication. The generic pharmaceutical company said Tuesday that the loxapine capsules will be available in strengths of 5 mg, 10 mg, 25 mg and 50 mg.
Safe medicine cap employs combination lock
Cap-N-Lock LLC has announced The Locking Cap, a combination locking cap designed to work with current prescription medication bottles. The Locking Cap features a four-digit locking mechanism.
Vicks kicks off NFL fan contest
With the National Football League season now under way, Procter & Gamble’s Vicks NyQuil and DayQuil cold/cough/flu medicine brands have launched their "Most Dedicated Fan" contest on Facebook.
AmerisourceBergen to buy TheraCom from CVS Caremark
AmerisourceBergen Corp. has entered an agreement to purchase TheraCom, a subsidiary of CVS Caremark Corp. AmerisourceBergen said Tuesday that the $250 million deal is slated to close in its fiscal 2012 first quarter, which ends Dec. 31.
Walgreens turns in gains for 4Q, full year
Walgreen Co. reported robust revenue and earnings increases for its fiscal 2011 fourth quarter and full year, with adjusted net income exceeding Wall Street’s forecast. Walgreens said Tuesday that for the fourth quarter ended Aug. 31, total sales rose 6.5% $17.97 billion from $16.
CVS Caremark’s Bloom named Family Dollar COO
Family Dollar Stores Inc. has appointed Mike Bloom, the top merchandising and supply chain executive at CVS Caremark Corp., as president and chief operating officer. The deep discount store chain said Tuesday that Bloom’s hiring comes with the announcement that current president and COO R.
Walmart, Argus partner on preferred Rx network
Walmart and Argus Health Systems Inc. have entered a preferred pharmacy network arrangement. Argus said Thursday that the preferred network approach coordinates efforts by the pharmacy benefits administrator and Walmart to provide the lowest prescription benefit cost to Argus customers.
NCPA: Community pharmacies drive generics use
With generic drugs in the national spotlight as a cost-saver for the health care system, the National Community Pharmacists Association is noting that its members are a core provider of these affordable medications.
Walgreens tries out new ideas
A new store concept from Walgreen Co. brings the future of pharmacy into the present. At 17 locations in the Chicago area Walgreens is piloting a format that transforms the traditional drug store pharmacy department into a neighborhood health center — in both practice and design.
Indianapolis to become retail lab for Walgreens
Walgreens plans a major store pilot in Indianapolis as it experiments with various concepts in transitioning its drug stores into “health and daily living” stores.
Giancamilli to step down as Katz CEO
Andy Giancamilli, who for the past eight years has kept Katz Group Canada Ltd. in the forefront of efforts to secure a bigger role in health care for community pharmacy, will retire as the company’s chief executive officer on February 2.
FTC will take close look at big PBM merger
The Federal Trade Commission’s request for more information on the planned merger of Express Scripts Inc. and Medco Health Solutions Inc. has opponents hoping the deal will be scuttled. Express Scripts says it expected the FTC’s request, and both companies have vowed to work with the agency.
‘Super committee’ gets overture from NACDS
Community pharmacy advocates say that the “super committee” on deficit reduction should collaborate with community pharmacy on reducing health care costs while maintaining patient access to prescription drugs and pharmacy services.
Rite Aid, OptumHealth team up for online care
Rite Aid Corp. has joined forces with the health care information provider OptumHealth to give customers in greater Detroit what the drug chain says is “the latest in quality, convenient online health care.
Lewis does a lot more than fill prescriptions
Regional chains such as Lewis Drugs are making important contributions to the transformation of retail pharmacies into true community health care centers.