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NACDS: In emergencies, pharmacies ready to help

During times of national emergency, pharmacies have demonstrated unique capabilities in helping citizens and government prepare and respond, the National Association of Chain Drug Stores told a congressional committee.

Rite Aid announces new board member

John Baumer, a partner with the private equity firm Leonard Green & Partners, has joined the Rite Aid Corp. board of directors. Rite Aid said Thursday that Baumer replaces Leonard Green managing partner Jon Sokoloff, who has resigned from the drug chain’s board.

CVS’ Pharmacy Advisor makes finals for award

CVS Caremark Corp. was selected as one of 20 finalists for the 2011 URAC Awards for Best Practices in Health Care Consumer Empowerment and Protection. CVS Caremark said Thursday that its Pharmacy Advisor program was chosen by a panel of judges out of entries from across the country.

New coalition urges repeal of FSA restriction on OTCs

A broad coalition of health care retailers, suppliers and organizations has called on Congress to repeal the requirement that prevents consumers from using flexible spending accounts (FSAs) to buy over-the-counter medicines without first getting a doctor’s prescription.

Coca-Cola, Lady Liberty mark 125th anniversaries

Marking the 125th anniversary of "two American icons," the Coca-Cola Foundation donated $1 million to support The Statue of Liberty-Ellis Island Foundation’s Peopling of America Center, a new initiative that will tell the story of the immigration experience in America.

Merlo: CVS Caremark’s model can’t be matched

Merlo: CVS Caremark’s model can’t be matched

Addressing shareholders for the first time as chief executive officer, Larry Merlo touted the growth potential of CVS Caremark Corp.’s integrated pharmacy business model at its Annual Meeting of Stockholders. Merlo said during the event Wednesday at CVS Caremark’s Woonsocket, R.I.