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CVS’ PBM lands major federal Rx contract

CVS’ PBM lands major federal Rx contract

CVS Caremark Corp. has been awarded a three-year contract to provide integrated pharmacy benefit management services for the Blue Cross and Blue Shield Governmentwide Service Benefit Plan, also known as the Federal Employee Program (FEP).

Newtons Fruit Thins make debut

Kraft Foods Inc. is serving up a reinvented Newtons cookie. The company on Tuesday introduced Newtons Fruit Thins, a thin, crispy cookie made with real fruit that comes in several flavor combinations, with eight grams of whole grains per serving.

NCPA backs Medicare diabetes supplies bill

NCPA backs Medicare diabetes supplies bill

The National Community Pharmacists Association has endorsed legislation that would exempt diabetes testing supplies provided by small community pharmacies from the Centers for Medicare and Medicaid Services (CMS) competitive bidding program and pricing for Medicare Part B durable medical equipment,

Par to acquire Edict Pharmaceuticals

Par Pharmaceutical Cos. plans to buy Indian generic drug maker Edict Pharmaceuticals in a cash deal valued at up to $37.6 million. Par said Monday that it expects to finalize the agreement, pending customary conditions and approvals, by the end of the year.

Mylan releases generic of Depakote

Mylan Inc. has launched divalproex sodium capsules 125 mg, a medication for seizures. The company said Monday that the product, rolled out by its Mylan Pharmaceuticals Inc. subsidiary, is the generic version of Abbott’s Depakote Sprinkle Capsules.