Third-quarter earnings at CVS Caremark Corp. were in line with Wall Street’s expectations but down sharply from a year ago, while a sales gain in the retail drug store unit was overshadowed by a revenue decline in the pharmacy benefit management business.
Lifted in part by robust sales, drugstore.com reported a profit for the third quarter following a year-ago loss. The online retailer said late Tuesday that net income for the third quarter ended Oct. 3 came in at $2.4 million, or 2 cents per share, compared with a net loss of $1.6 million, or
The Food and Drug Administration this week got a heads-up on key pharmacy industry priorities over the next five years from the National Association of Chain Drug Stores. NACDS said it sent a letter dated Nov.
Prestige Brands Holdings Inc. has completed its deal to purchase Blacksmith Brands Holdings Inc. The company said Monday that the agreement was finalized under the original terms announced on Sept.
Boehringer Ingelheim Pharmaceuticals Inc. plans to roll out its new Pradaxa oral anticoagulant to U.S. pharmacies this week.
In testimony for the Food and Drug Administration, a CVS Caremark Corp. executive reiterated the company’s support that the agency implement regulations needed to approve biogeneric drugs under the Patient Protection and Affordable Care Act.
Stater Bros. has begun offering free diabetes medications at its Super Rx pharmacy locations.
Duane Reade walk-in clinics can now accept Medicare payments for routine health services provided to senior citizens. The metropolitan New York drug store chain, part of Walgreen Co.
A new chief executive officer will be at the helm of pharmacy provider BioScrip Inc. starting next year. The company said Tuesday that Richard Smith, its president and chief operating officer, will take the CEO reins on Jan. 1.
A survey by CVS/pharmacy finds that financial concerns are an obstacle to care for to many diabetes patients. CVS Caremark Corp.
The National Association of Chain Drug Stores has sent a letter to the Food and Drug Administration outlining the need to improve the usefulness of patient medication information that consumers receive with their prescription drugs.
The venerable Brioschi antacid brand is poised to make a resurgence. Brioschi Pharmaceuticals International (BPI), which purchased the 125-year-old brand in mid-August from Brioschi Inc.
GOJO Industries has purchased Purell from Johnson & Johnson Consumer Products Co. after having sold the hand sanitizer brand, which it launched, a half-dozen years ago.
Unilever and Walgreens unveiled a new activity and life skills learning area at the Midtown Education Foundation’s Metro Achievement Center serving inner-city girls in Chicago.
Walgreen Co.’s Take Care Health Systems subsidiary is trumpeting research showing that alternative sites for health care — including retail clinics and urgent care centers — could alleviate overcrowded emergency rooms and save the nation’s health care system billions of dollars.
Target is launching a month-long campaign to help customers and employees in their efforts to quit smoking. Dubbed "Celebrate Smoke-Free," the effort begins nationwide Nov.
