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Walgreens, CVS Caremark settle PBM standoff

Walgreen Co. and CVS Caremark Corp. have settled their fight over pharmacy benefits management. Walgreens will continue participating in the CVS Caremark retail network for current, new and renewed plans, the companies announced. They did not disclose the financial terms of their new contract.

Pharmacy operators get no reprieve in Ontario

Ontario pharmacies were in a state of suspense for three weeks after May 15 when the province’s minister of health and long-term care postponed a decision on the implementation of new regulations that would slash prescription drug income.

Kerr’s loyalty program goes digital

Kerr Drug has launched a customer loyalty program that it says takes the concept into the digital age. The new Kerr Rewards program offers multiple ways customers can be given advice on health care, alerted to breaking medical news and rewarded for shopping at Kerr, executives say.

Walgreens adds text alerts for Rx

Walgreen Co. has launched Prescription Text Alerts, which notify customers via text message when their prescriptions are ready. At the same time, the drug store chain has launched an updated iPhone application and mobile site, m.walgreens.com.

Breakthrough for e-prescribing

The National Association of Chain Drug Stores is praising the Drug Enforcement Administration (DEA) for issuing an interim final rule that allows for the electronic prescribing of controlled substances (EPCS).

Better organization would lift NACDS Marketplace

The National Association of Chain Drug Stores, it has been said, makes friends in the spring and enemies in early summer, repairs relationships in late summer and then solidifies relationships during the winter. Well, it’s early summer. The NACDS Marketplace Conference has just ended.

P&G recalls nasal spray, mouthwash

Procter & Gamble Co. is voluntarily recalling its four-hour decongestant nasal spray under the Vicks and Sinex brands and some its Scope Original Mint and Scope Peppermint mouthwash.

Abbott set to release FreeStyle glucose test strips

Abbott plans to ship its new FreeStyle blood glucose test strips starting later this summer, will a full rollout expected by this fall. The pharmaceutical company said Thursday that the FreeStyle glucose test strips received 510(k) clearance from the Food and Drug Administration.

Walgreens to carry VitaminSpice line

VitaminSpice, a supplier of vitamin-infused spices and food products, has inked a national distribution deal with Walgreen Co. The "foodceutical" company said Thursday that about 700 Walgreens stores in Michigan, Ohio and Indiana are slated to get VitaminSpice products over the next couple of days.