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Rx groups: Express Scripts-Medco deal ‘too big’

Rx groups: Express Scripts-Medco deal ‘too big’

The National Association of Chain Drug Stores and the National Community Pharmacists Association gave a thumbs-down to the proposed merger of Express Scripts Inc. and Medco Health Solutions Inc., saying the deal would create an unlevel playing field.

Shoppers Drug Mart ekes out 2Q gains

Sales and earnings inched up in the second quarter at Shoppers Drug Mart Corp., whose chief executive noted that the company still generated growth despite government reforms that are squeezing pharmacy business.

Ex-Rite Aid HR executive joins OfficeMax

Former Rite Aid Corp. executive Steve Parsons next week is slated to begin a new post as the top human resources officer at OfficeMax Inc. The office supply store chain said Thursday that Parsons has been appointed executive vice president and chief human resources officer, effective July 25.

Lannett to release Tenuate generic

Lannett Co. soon plans to begin shipping diethylproprion HCl tablets, used in the treatment of obesity. The pharmaceutical company said Monday that it has received approval from the Food and Drug Administration for its Abbreviated New Drug Application (ANDA) for diethylproprion HCl Tablets 25 mg.

Former CVS exec joins change:healthcare

Former CVS Caremark Corp. executive Douglas Ghertner has been named president at change:healthcare. The health care cost transparency firm said Tuesday that Ghertner, previously senior vice president for client solutions at CVS Caremark, assumes the president’s post effective immediately.

New Duane Reade reflects Walgreens’ transformation

The 22,000-square-foot Duane Reade drug store that opened at 40 Wall Street for the first time in the days immediately following the Independence Day holiday has already received more news coverage and wider, more favorable exposure than any drug store that has yet opened its doors in America.