The National Association of Chain Drug Stores said the chief executive officers of Express Scripts and Medco Health Solutions made "misleading statements" in testimony at a Senate Judiciary subcommittee hearing on the two pharmacy benefit managers’ merger deal.
About 60 Medicine Shoppe and Medicap pharmacy owners nationwide have filed an arbitration claim against their parent franchise companies, which are subsidiaries of Cardinal Health Inc., for allegedly failing to support the franchise systems.
Ric Jurgens, chairman and chief executive officer of Hy-Vee Inc., plans to retire from the company in the middle of next year. Jurgens told shareholders at the food and drug retailer’s annual meeting Wednesday that he will retire on June 1. He also said that he will ask Hy-Vee’s board,
Rite Aid Corp. reported upticks in revenue and same-store sales for its fiscal 2012 third quarter and narrowed its net loss in the period, beating Wall Street analyst estimates. Rite Aid said Thursday that for the 13-week third quarter ended Nov. 26, revenue totaled $6.3 billion, up 1.8% from $6.
Jeff Berry has resigned his position as chief financial officer at Physicians Formula Holdings Inc. The cosmetics and skin care product maker said Wednesday that Berry is leaving the company "to pursue other professional interests" and is slated to exit his post on Jan. 13.
Legislation approved this week in New York highlights the escalating tug of war between retail pharmacies and pharmacy benefit managers (PBMs). New York Gov.
Walgreen Co. is leveraging the accessibility of its drug stores to help provide pertussis and flu vaccinations to people in its home state. Walgreens said late Tuesday that has expanded availability of immunizations for whooping cough to all of its more than 580 pharmacies in Illinois.
Rite Aid Corp. has tapped Ecova, an energy and sustainability solution provider, to to provide utility expense and energy management services. Ecova said Tuesday that it will assist Rite Aid in monitoring, understanding and reducing energy use at its approximately 4,700 drug stores nationwide.
Germany-based Sebamed skin care products are slated to hit shelves at CVS/pharmacy next year. Physician Laboratories Inc., the U.S. distributor of Sebamed, said Tuesday that the products will be carried in 7,300 CVS stores starting in mid-January.
Stacey Lelko has joined pharmacy-based patient care service provider Mirixa Corp. as vice president of sales and business development. Mirixa said Tuesday that Lelko will lead its national sales team and develop strategic partner relationships.
Next year, Rite Aid Corp. aims to expand its wellness+ customer loyalty program by delivering new ways to save and more shopper rewards. Rite Aid said Tuesday that on Jan. 1, it will launch Load2Card, a coupon management program that will enable wellness+ members to save, manage and redeem Rite Aid
Energizer Personal Care said its Schick brand will "revolutionize" women’s shaving with next year’s introduction of the Hydro Silk razor. Energizer said Monday that the Schick Hydro Silk razor provides an extra level of care for the skin by replacing moisture that shaving can take away.
Hallmark has unveiled four new interactive Christmas greeting card lines for the 2011 holiday season. The greeting card giant said Monday that the novel card collections leverage technology to make holiday wishes "come alive.
Mylan Inc. has named John Thievon as president of Dey Pharma, its specialty pharmaceutical business.
Endo Pharmaceuticals has received approval from the Food and Drug Administration for a new formulation of Opana ER designed to be crush-resistant.
When it comes to trust, Americans continue to rate pharmacists near the top among professions, according to Gallup’s latest Honesty and Ethics survey. Pharmacists came in second only to nurses and ahead of physicians in the annual poll, results of which were released Monday by Gallup.
