The National Association of Chain Drug Stores and National Community Pharmacists Association are hailing a congressional bill that would prohibit hikes in retail pharmacy co-payments under TRICARE, the health benefits program for the nation’s armed forces.
With the economic recovery well under way, chain drug retailers can expect a year of growth in 2011, industry analysts say.
Leo Pharma Inc. has gone live with an expanded website for its Taclonex topical medications for psoriasis. The company said Thursday that updates to the www.taclonex.com site include the addition of product information for both Taclonex Ointment (calcipotriene 0.
CVS Caremark Corp. is providing disaster relief to Alabama communities ravaged by tornadoes earlier this week.
OCuSOFT Inc. has begun shipping the Ocudox Convenience Kit to retail pharmacies.
PEZ Candy Inc. has added two new flavors, Strawberry-Vanilla and Raspberry-Lemon. The company said Wednesday that the new flavors are the first blends of the dispenser candy to be launched in the United States.
Sales grew by double digits in the first quarter at drugstore.com, but costs related to the online retailer’s acquisition by Walgreen Co. contributed to a net loss in the period. Drugstore.com said Thursday that sales for the first quarter ended April 3 rose 16% to a record $128.
Pfizer Inc. has introduced its new advanced Gold range of child nutrition products, which are developed to meet the changing nutritional and feeding needs of young children.
AstraZeneca has unveiled a click-to-chat feature on its consumer websites for its Crestor and Nexium prescription medications. The pharmaceutical manufacturer said Wednesday that the chat technology on Crestor.com and PurplePill.
Jean Coutu Group and its franchised drug store network closed out fiscal 2011 on the upside in sales, and the company’s earnings exceeded analysts’ forecast. The Canadian pharmacy franchisor said Thursday that retail sales for its store network rose 3.9% year over year to $988.
Navarro Discount Pharmacy is extending the reach of its prescription drug services with Navarro RX App, a free pharmacy mobile application. The Miami-area drug store chain said Thursday that Navarro RX App links mobile device users to the retailer’s new mobile website, m.navarro.
CVS Caremark Corp. is set to close its acquisition of the Medicare Part D business of Universal American, a leading Medicare prescription drug plan sponsor. Plans call for the $1.25 billion deal to be completed on April 29, CVS Caremark said Thursday.
Walgreen Co. plans to acquire Carle RxExpress pharmacies from The Carle Foundation, a health care system in central Illinois. Financial terms of the deal weren’t disclosed.
PepsiCo has unveiled its Social Vending System, a networked beverage vending machine with interactive touch-screen technology that the company said allows consumers "to better connect with PepsiCo brands" at the point of purchase.
Children’s AccuDial, a line of over-the-counter pediatric medicines from AccuDial Pharmaceutical Inc., has been named a 2011 Edison Awards winner. AccuDial said Wednesday that its product line won gold in the Consumer Packaged Goods segment, one of 12 categories honored by the Edison Awards.
Tom Long has been appointed chief executive officer of MillerCoors, whose current CEO, Leo Kiely, is slated to retire in the coming weeks. The company, a U.S. joint venture of SABMiller plc and Molson Coors Brewing Co.
