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NACDS backs bill encouraging generics in Medicaid

NACDS backs bill encouraging generics in Medicaid

The National Association of Chain Drug Stores is supporting legislation that would give states incentive to use generic drugs for Medicaid patients to achieve savings. NACDS said Friday that it has sent a letter of support to the sponsor of the Affordable Medicines Utilization Act of 2011 (S.

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.