With the launch of an authorized generic, Lipitor — the medication that defined the term mega-blockbuster — has now lost patent protection. Astutely managed chain pharmacy organizations have calculated the effect on sales and margins going forward.
Pushing ahead with its expansion plan, Navarro Discount Pharmacy officially opened the doors to its 30th drug store, in Homestead, Fla. Navarro CEO Juan Ortiz said the new Homestead, Fla., store has seen robust traffic and higher-than-normal opening sales.
Randy Falkenrath has been named senior vice president of specialty pharmacy at CVS Caremark Corp. CVS said Thursday that in the role, Falkenrath will oversee the ongoing development of the company’s clinical programs and product management to support its specialty pharmacy business.
The pharmacy was the driver behind a lift in same-store sales for Rite Aid Corp. in November. Rite Aid said Thursday that for the five weeks ended Nov. 26, comparable-store sales advanced 1.9% versus a year earlier. That was down from a 2.9% gain in October — which marked the drug
In what it called the largest generic product launch in U.S. history, Watson Pharmaceuticals Inc. has begun shipping an authorized generic version of Pfizer’s blockbuster cholesterol-lowering drug Lipitor. The shipment of Watson’s Lipitor generic signals the start of the "generic wave.
Primacy Management Inc., Canada’s largest medical management firm, has opened a medical clinic at a new, landmark Loblaws supermarket at the historic Maple Leaf Gardens building in Toronto.
Walgreen Co. is working with the Department of Health and Human Services (HHS) to distribute more than $10 million of free flu shot vouchers to Americans without health insurance and those unable to afford a vaccination.
The National Community Pharmacists Association is lending community pharmacy owners a hand in developing better business opportunities for front-end merchandise.
The National Association of Chain Drug Stores Foundation raised $1.77 million for scholarships, research and charitable activities from 114 benefactors at the 13th Annual NACDS Foundation Dinner.
Watson Pharmaceuticals Inc. has gained approval from the Food and Drug Administration for Vestura (3 mg drospirenone and 0.02 mg ethinyl estradiol), a birth control pill.
TheraBiogen Inc. has kicked off a radio ad campaign for its TheraMax homeopathic nasal spray brand as part of a comprehensive marketing program.
Qualitest Pharmaceuticals has received approval from the Food and Drug Administration for Myzilra tablets, an oral contraceptive. The company said Monday that the FDA approved Myzilra tablets (levonorgestrel and ethinyl estradiol) 0.05 mg/0.03 mg, 0.075 mg/0.04 mg, 0.125 mg/0.
Procter & Gamble Co.’s P&G Beauty & Grooming unit has launched of StyleUnited, which it called "the first truly personalized site" that brings beauty and fashion together to provide "a total style resource." P&G said Tuesday that styleunited.
Take Care Health Systems is slated to operate an employee health and wellness center at the San Jose, Calif., headquarters of Cisco Systems that will also remotely serve workers at the networking technology giant’s campus in North Carolina. Walgreen Co.
Walgreen Co. has introduced Web Pickup at stores throughout metropolitan Indianapolis, its second full market rollout of the service.
To continue the momentum from the Black Friday weekend, Rite Aid Corp. has launched a pair of new holiday promotions for shoppers perusing its website and/or its drug stores. The drug chain on Monday unveiled Cyber Week, which offers special deals on common purchases at riteaidonlinestore.
