The nation is facing a severe shortage of seasonal flu and H1N1 vaccines, a situation that many federal and independent health officials agree was unavoidable because the global swine flu pandemic has heightened demand for all flu immunizations well beyond the production capabilities of vaccine manu
With the deadline for the certification requirements of last year’s Consumer Products Safety Improvement Act (CPSIA) set to go into effect early next year, the National Association of Chain Drug Stores is holding a series of online educational forums to help suppliers and retailers prepare for the n
Rite Aid Corp. has completed a plan to refinance debt maturing in September 2010.
Rite Aid Corp. is serving as the exclusive pharmacy provider for a new health care network in metropolitan New York that serves uninsured and underinsured patients.
CVS Caremark Corp. aims to broaden pharmacogenomic clinical and testing services for its pharmacy benefit management clients through a partnership with Generation Health Inc., a genetic benefit management firm.
Walgreen Co. filled a record number of prescriptions electronically during October, with e-prescribing volume surging by triple digits versus a year earlier.
CVS Caremark Corp. this week plans to roll out displays showcasing new products from MISSION Skincare, founded by tennis star Serena Williams and other famous athletes, in the beauty aisle of more than 5,000 drug stores nationwide.
In its latest step to hoist the visibility of its brand, Duane Reade Inc. this week introduced The Duane Reader, a print publication that highlights hundreds of new products — notably store brands — designed to meet the needs of busy New Yorkers. The drug store chain said Monday that the initial
Start-up Blacksmith Brands Inc. has wrapped up its acquisition of five over-the-counter consumer products brands from McNeil-PPC Inc. and unveiled a partnership with The Emerson Group.
Kerr Drug has appointed 919 Marketing as its marketing agency of record. The marketing, consulting and public relations firm said the deal expands the existing partnership between the two North Carolina companies.
CVS Caremark Corp. expects disappointing results for its pharmacy benefits management business next year, based on the loss of a net of $4.8 billion in contracts.
Aurora Pharmacy has inked deals to sell 30 of its pharmacies, a move that marks the end of its supermarket prescription drug business. The company, a subsidiary of health system Aurora Health Care, this week said it plans to sell 20 supermarket pharmacies to Roundy’s Supermarkets Inc.
The National Association of Chain Drug Stores is urging Congress to pass a pair of bills designed to help combat organized retail crime.
IMS Health has agreed to be acquired by investment funds managed by financial firms TPG Capital and the CPP Investment Board in a $5.2 billion deal.
David Denton has been promoted to executive vice president and chief financial officer at CVS Caremark Corp., succeeding David Rickard, who is retiring.
Sharp growth in pharmacy business fueled hefty revenue and earnings gains for CVS Caremark Corp. in the third quarter. The drug store chain and pharmacy benefit manager said Thursday that net sales for the quarter ended September 30 surged 18.1% to $24.6 billion from $20.9 billion a year earlier.
