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Jonathan Jacob

WBA is listed on the Dow

WBA is listed on the Dow

Walgreens Boots Alliance (WBA) late last month took its place alongside Boeing, Merck & Co., Walmart and other large, publicly traded U.S. companies that comprise the Dow Jones industrial average, the stock index that tracks daily trading in 30 of the world’s best-known blue chips.

Rite Aid introduces drug disposal units

Rite Aid introduces drug disposal units

Rite Aid Corp. last month unveiled the company’s first in-store medication disposal unit at the Rite Aid pharmacy in Lemoyne, Pa., as part of its overall strategy of combating drug abuse. Rite Aid plans to install 100 medication disposal units in selected pharmacies over the next year.

Pharmacy groups file brief in Medicaid lawsuit

Pharmacy groups file brief in Medicaid lawsuit

The National Association of Chain Drug Stores (NACDS), the Washington State Pharmacy Association (WSPA) and the National Community Pharmacists Association (NCPA) filed a legal brief this week with the Washington State Court of Appeals, challenging the state’s refusal to reimburse community pharmacie

Tech facilitates high-volume Rx management

Tech facilitates high-volume Rx management

As the future of community and independent pharmacy becomes increasingly unpredictable, many pharmacies are utilizing automation to position themselves for success. According to research from the BBC, the global market for pharmacy automation held a value of $3.

Bloom steps down as Fred’s chief exec

Bloom steps down as Fred’s chief exec

Mike Bloom resigned late last month as chief executive officer of struggling Fred’s Inc. Secretary and chief financial officer Joseph Anto was named interim CEO. The resignation came after the chain postponed the release of its fourth quarter and 2017 full-year results.

Amazon drops hospital Rx plan

Amazon drops hospital Rx plan

Amazon.com has dropped a plan to sell pharmaceutical products to hospitals due to the project’s complexity, reported CNBC, citing sources familiar with the matter. The setback illustrates the challenges Amazon faces in getting into the medical supply and pharmaceutical space, CNBC reported.

Digital health consumers recasting the market

Digital health consumers recasting the market

As of 2017, 45% of the global population was using the internet, and it is projected that 76% will have access by 2030, according to Euromonitor International. With more connectivity, a new type of connected consumer is rising: the digital health consumer.

Understanding Amazon’s impact on drug retailing

Understanding Amazon’s impact on drug retailing

Who knew that the ancient Greek philosopher Heraclitus would sum up Amazon.com’s influence on our modern health care industry so well? “The only constant is change,” he is said to have uttered, along with “You cannot step twice into the same river.