Shoppers Drug Mart steps up support of women’s health
Shoppers Drug Mart has launched WOMEN, a broad commitment to provide local, regional and national support for the pursuit of women’s health.
CDR
CVS Caremark enlists Aetna unit’s clinical intelligence
CVS Caremark Corp. has entered a three-year agreement for evidence-based clinical decision support from Aetna subsidiary ActiveHealth Management.
Cardinal offers nonprofits grants for Rx abuse prevention
The Cardinal Health Foundation is inviting nonprofit groups in seven markets to apply for grant funding to support local efforts to prevent the abuse and misuse of prescription drugs. Cardinal Health Inc. said this week that registered 501(c)(3) organizations in Albuquerque, N.M.
Comparable-store sales climb at Walgreens
Front-end business remained strong for Walgreen Co. in February and led the way in lifting same-store sales for the month. Walgreens said Thursday that comparable-store sales in February, excluding Duane Reade, were up 3.1% year over year. That result didn’t match the robust 6.
FDA to pull hundreds of prescription drugs off market
Pushing ahead with its crackdown on ineffective prescription drugs, the Food and Drug Administration plans to yank about 500 unapproved cough, cold and allergy medications from the market. The FDA said Wednesday that the class action is part of its Unapproved Drugs initiative.
Rite Aid builds same-store sales momentum
Continuing an upward trend, Rite Aid Corp. saw same-store sales climb for the third month in a row in February. The drug store chain said Thursday that for the five weeks ended Feb. 26, comparable-store sales rose 1% year over year. That built on gains of 1.1% in January and 0.6%
Insight Pharmaceuticals acquires e.p.t brand
Insight Pharmaceuticals has purchased the e.p.t home pregnancy testing brand from Johnson & Johnson. Terms of the agreement weren’t disclosed. Insight, owned by private equity firm Swander Pace Capital, said Tuesday that e.p.
Sales exec at American Greetings moves up
American Greetings has promoted Bill DeWitt to senior vice president of the company’s North American Sales Group. The greeting card maker said Tuesday that DeWitt will lead a newly constituted sales division encompassing the United States, Canada and Mexico.
Pfizer wraps up King Pharmaceuticals acquisition
Pfizer Inc. has closed its $3.6 billion deal to acquire branded drug maker King Pharmaceuticals Inc. Pfizer said Tuesday that it has completed the acquisition through the merger of its Parker Tennessee Corp. subsidiary into King, which is now a wholly owned subsidiary of Pfizer.
Coca-Cola boosts Seagram’s retail distribution
The Coca-Cola Co. is expanding retail availability and stepping up marketing for the full line of Seagram’s ginger ale and mixers nationwide.
NACDS, NCPA support Rx choice in TRICARE
The National Association of Chain Drug Stores and the National Community Pharmacists Association have urged a key lawmaker to re-examine the notion of encouraging military beneficiaries to use mail-order pharmacy service under the TRICARE health care program.
Poll: Many oppose health care reform insurance mandate
Half of Americans don’t like the "individual mandate" clause in the health care reform law that requires all people to buy health insurance if they’re not already covered, according to a new Harris Interactive/HealthDay poll. Meanwhile, only 22% of the more than 3,400 U.S.
Walgreens honored for MTM services
Walgreens has been named the top national pharmacy chain for 2010 in Outcomes Pharmaceutical Health Care’s Medication Therapy Management (MTM) Network. Outcomes said Tuesday that this is the first year Walgreens has achieved the recognition.
Merlo takes the CEO reins at CVS Caremark
Larry Merlo today took the helm at CVS Caremark Corp. as chief executive officer, succeeding Tom Ryan. CVS Caremark announced Merlo’s official move from president and chief operating officer to the role of president and CEO on Tuesday.
Walgreens set to compound Tamiflu in response to shortage
Walgreen Co. said its pharmacies in all 50 states are prepared to compound Tamiflu capsules into an oral suspension amid a supply shortage of the antiviral medication. According to Walgreens, Tamiflu capsule remain in adequate supply.
Rite Aid share price back in compliance with NYSE
Rite Aid Corp. has received notice from the New York Stock Exchange that it has regained compliance with the exchange’s minimum share price listing requirement. NYSE requires the average closing price of a listed company’s common stock to be at least $1 per share over a consecutive 30 trading days.