FDA to launch single REMS for TIRF products
In March, the Food and Drug Administration plans to deploy a single, shared Risk Evaluation and Mitigation Strategy (REMS) for the transmucosal immediate-release fentanyl (TIRF) products.
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Actavis releases generic Clobex products
Actavis Group has started shipping Clobetasol Propionate Shampoo and Clobetasol Propionate Lotion, indicated for the treatment of eczema and psoriasis. The company said Tuesday that the products are generic equivalents to Galderma’s Clobex Shampoo and Clobex Topical Lotion.
Former Bristol-Myers exec to head Teva
Shlomo Yanai, president and chief executive officer of Teva Pharmaceutical Industries Ltd., plans to retire in May, and the company has named Jeremy Levin, a former senior executive at Bristol-Myers Squibb to succeed him.
New CVS website facilitates Tricare Rx transfers
CVS/pharmacy has launched a service on its website that enables beneficiaries of Tricare, the U.S. armed forces’ health and prescription drug benefit program, to transfer their prescriptions to one of its drug stores. The move comes as CVS rival Walgreen Co.
Rite Aid launches Resolution Rewards promo
Rite Aid Corp. has kicked off the new year with a new customer savings promotion called Resolution Rewards. The drug store chain said that Resolution Rewards, which began Sunday and runs through Jan. 28, makes it easy for members of its wellness+ customer loyalty program "to resolve to save more in
Walgreens unveils transition plan for Express Scripts members
Now that it’s officially out of the Express Scripts Inc. pharmacy network, Walgreen Co. has served up a transition plan for patients who receive prescription drug benefits through the pharmacy benefit manager (PBM).
Jewel-Osco eyes Express Scripts plan members
Another Supervalu Inc. food and drug chain has made a pitch to Walgreens pharmacy customers with Express Scripts Inc. prescription drug benefit plans.
CDR Retailer of the Year award goes to Walgreens
The editors of Chain Drug Review have named the employees of Walgreen Co. — and more particularly, five of the company’s top executives — as the publication’s 2011 Chain Drug Retailers of the Year.
2012 Retail Forecast: Chain drug eyes broader role
Though uncertainty still surrounds the economy and the U.S. health care reform law, North American drug chains have carved out a role as wellness providers.
Holiday sales a disappointment for drug chains
Absent the last-minute shopping surge that rescued holiday sales a year ago, Christmas 2011 was in the main a dismal event for the nation’s drug chains.
‘Integration sweet spots’ bode well for CVS
CVS Caremark Corp. is capitalizing on its “integration sweet spots” to drive growth.
Concerns raised about impact of PBM merger
The National Association of Chain Drug Stores wants to ensure that Congress has the facts straight regarding the planned merger of Express Scripts Inc. and Medco Health Solutions Inc. In a letter to Sen. Herb Kohl (D., Wis.
Rite Aid augments wellness+ loyalty program
Rite Aid Corp. has expanded its wellness+ customer loyalty program. Executives say the revamped program, which went into effect this month, will deliver more value to customers.
Duane Reade stays on the cutting edge
Extending the horizons of its innovative 40 Wall St. store, Duane Reade has opened a midtown Manhattan drug store with still more novel food and beauty care offerings. The 20,000-square-foot store at 52nd Street and Broadway formerly was a 3,100-square-foot Duane Reade Express outlet.
Pharmacy gains momentum in FUL fight
Community pharmacy advocates say concerns by 40 members of Congress that proposed Medicaid reimbursement rates are inadequate could eventually lead to changes in the plan.
Watts leaves Walgreens
Walgreen Co. corporate vice president and chief innovation officer Colin Watts has left the chain to join Weight Watchers International Inc. as senior vice president of wellness and global innovation.