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P&G, Teva team up in health care

Procter & Gamble Co. and Teva Pharmaceutical Industries Ltd. have formed a partnership and joint venture in consumer health care. The companies said Thursday that they will develop new over-the-counter medicine brands.

Pharmacist coalition takes aim at PBMs

Pharmacist coalition takes aim at PBMs

A national coalition of pharmacists and pharmacy owners has begun a public information campaign focusing on what they say are inflated prescription drug prices set by pharmacy benefit managers.

D.C. rally amplifies concerns over PBM merger

Community pharmacists joined with consumers and small-business owners and lawmakers in a press conference organized by the Preserve Community Pharmacy Access NOW! (PCPAN) coalition to urge Congress and the Federal Trade Commission to oppose the proposed merger of Express Scripts Inc.

NACDS backs bill to hike Medicaid generics use

The National Association of Chain Drug Stores has endorsed legislation that would give states incentive to use generic drugs through their Medicaid programs. NACDS said Thursday that it has sent a letter to Rep. Charles Bass (R., N.H.

Walgreens sees same-store sales growth tail off

Slower business in the front end reined in same-store sales growth at Walgreen Co. for October. The company also gave estimates of the business impact of its dispute with pharmacy benefit manager Express Scripts Inc. Walgreens said Thursday that October comparable-store sales rose 2.

Earnings, sales climb in 3Q at CVS Caremark

CVS Caremark Corp. cited gains in its pharmacy benefit management business and continued growth in its retail pharmacy segment as driving revenue and profit increases for its third quarter. For the three months ended Sept. 30, overall revenue rose 12.5% to $26.7 billion from $23.

NACDS, retail groups call for sales tax ‘e-fairness’

NACDS, retail groups call for sales tax ‘e-fairness’

The National Association of Chain Drug Stores and other retail industry groups have urged the Joint Select Committee on Deficit Reduction, known as the "Super Committee," to give states more leverage to collect sales taxes from Internet retailers and catalog merchants.

Surgeon general stresses medication adherence

U.S. Surgeon General Regina Benjamin urged patients with chronic conditions to speak with pharmacists and other health care professionals about the importance of taking their medications as prescribed as part of the National Consumers League’s (NCL) Script Your Future campaign.

Walgreens supports Latino Fashion Week

Walgreen Co. said it will be a presenting sponsor of the fifth annual Latino Fashion Week in Chicago. The drug store chain said the event, which starts Tuesday and runs through Sunday, Nov. 6, at Chicago’s Zhou B.