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Pharmacy groups back bill to rein in PBM audits

Pharmacy groups back bill to rein in PBM audits

The National Association of Chain Drug Stores and the National Community Pharmacists Association have endorsed legislation that would set Medicare standards for pharmacy audits and reimbursement by pharmacy benefit managers (PBMs). NACDS said Wednesday that it has sent a letter to Rep.

FMI, GMDC plan health, beauty, wellness conference

Next year, the Food Marketing Institute (FMI) and the Global Market Development Center (GMDC) will hold a joint conference focused on health, beauty and wellness. The two trade groups announced the new event Tuesday at FMI’s Health and Wellness Conference in Orlando, Fla.

Keynote event on mass retail agenda nears

Six weeks remain until the start of the 2012 Annual Meeting of the National Association of Chain Drug Stores. And once again this year the event holds every initial promise of amply rewarding those retail and supplier executives who care enough about their business to journey to Palm Beach, Fla.

DEA action has unintended consequences

Community pharmacies and the drug wholesalers that supply them find themselves caught in the crossfire between people who divert and abuse prescription medications and the law enforcement officials working to stop them.

N.J. governor urged to oppose PBM merger

N.J. governor urged to oppose PBM merger

New Jersey lawmakers have taken a stand against the proposed merger of Express Scripts Inc. and Medco Health Solutions Inc. and called on Gov. Chris Christie (R.) to oppose the deal, which would create the nation’s biggest pharmacy benefit manager.

Teva ships generic of Lexapro

Teva Pharmaceutical Industries Ltd. has begun the commercial launch of escitalopram oxalate tablets, an antidepressant medication. Teva said Wednesday that its product is a generic version of Forest Laboratories’ Lexapro Tablets.

H.D. Smith appoints CFO

H.D. Smith has made Bill Williams its permanent chief financial officer after he recently served in the post on an interim basis. The pharmaceutical distributor said Wednesday that as CFO Williams joins the executive committee and reports to chairman and chief executive officer Dale Smith.