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CVS chief medical officer sizes up health exchanges

Troy Brennan, executive vice president and chief medical officer at CVS Caremark Corp., gave his recommendation on what employers should do when health insurance exchanges come into play in 2014, as mandated by health care reform.

Rite Aid turns in biggest same-store gain of year

Rite Aid turns in biggest same-store gain of year

Fueled by the pharmacy, Rite Aid Corp. tallied its largest monthly same-store sales growth for the calendar year in October. Rite Aid on Thursday said that for the four weeks ended Oct. 22, comparable-store sales rose 2.9% versus a year earlier. That marked a rebound from a 1.3% uptick in September

NCPA announces new president, officers

The National Community Pharmacists Association has installed new officers, including a new president, and its board of directors for 2011-12. NCPA inaugurated the new officers and at its 113th NCPA Annual Convention and Trade Exposition this month in Nashville, Tenn.

First lady, Chicago mayor tour Walgreens ‘food oasis’ store

Walgreen Co. gave a tour of one of its "food oasis" stores in Chicago to First Lady Michelle Obama and Chicago Mayor Rahm Emanuel. The store visit on Tuesday, part of a mayoral summit hosted by Obama’s Let’s Move! initiative and Emanuel, provided the first lady and the mayor a firsthand look

Teva, Dr. Reddy’s introduce Zyprexa generic

Teva Pharmaceutical Industries Ltd. and Dr. Reddy’s Laboratories (NYSE: RDY) announced the commercial launch of olanzapine tablets, an antipsychotic medication. The companies said Tuesday that Teva’s olanzapine tablets in dosages of 2.5 mg, 5 mg, 7.5 mg, 10 mg and 15 mg and Dr.

Kao Brands plans to change its name

As of next year, Kao Brands Co. will go under a new company name: Kao USA Inc. The company said Tuesday that the name change to Kao USA is effective Jan. 1, 2012, and reflect a larger repositioning effort by its parent, Kao Corp., a leading manufacturer of beauty care and household products

Lawmakers urge ‘thorough’ FTC review of PBM merger

More than a dozen members of the House of Representatives have sent a letter to the Federal Trade Commission to note their misgivings about the proposed merger of pharmacy benefit managers Express Scripts Inc. and Medco Health Solutions Inc.

CVS promotes three retail executives

CVS promotes three retail executives

CVS Caremark Corp. has promoted three senior executives at its retail pharmacy subsidiary, all of whom now have expanded roles. The company said Monday that Judith Strauss Sansone has been named senior vice president of merchandising for CVS/pharmacy.