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Drug chains to face new challenge from Walmart Express

Until now, chain drug stores have generally not had to cope with the specter of a Walmart pharmacy nearby. The retailer’s focus on opening its huge Supercenters in suburban and small-town locations has left to drug stores the advantage of being able to find sites in all kinds of markets and to

Magnacca rises at Walgreens

Joe Ma­gnacca, who was integral to the renaissance at Duane Reade before its purchase by Walgreen Co., has been named president of daily living products and solutions for Walgreens.

NACDS puts spotlight on the supply chain

The changing retail environment is putting new demands on the supply chain, according to Kantar Retail chief knowledge officer Bryan Gildenberg. Gildenberg spoke earlier this month at the National Association of Chain Drug Stores Supply Chain & Logistics Conference here.

AmerisourceBergen tabs Collis as CEO

Ameri­sourceBergen Corp. chief executive officer R. David Yost plans to retire from the company on July 1. Steve Collis, who has been AmerisourceBergen’s president and chief operating officer since November, has been named to succeed Yost as the company’s top executive.

Rite Aid simplifies drug disposal

Rite Aid Corp. pharmacies are carrying specially designed drug disposal envelopes, targeting them to customers who want to safely get rid of unused, outdated or unwanted medications. Customers can put unwanted prescription and over-the-counter medications in the envelope and, once sealed.

Retail/PBM Rx model still holds promise

Walgreens’ decision to sell its pharmacy benefits management business to Catalyst Health Solutions for $525 million is sure to intensify the debate about whether drug chains are well served by owning and operating such entities. For Walgreens, at least, the answer is clearly no.

Qualitest approved for toresmide tablets

Qualitest Pharmaceuticals has received clearance for toresmide tablets, a diuretic medication. The Endo Pharmaceuticals subsidiary said Thursday that the Food and Drug Administration has approved toresmide tablets in 5 mg, 10 mg, 20 mg and 100 mg strengths.

Wrigley offers personalized Extra gum packs

Wm. Wrigley Jr. Co. is enabling chewers of its Extra sugar-free gum to create and buy personalized packs featuring their photos and designs via its first-ever custom-packaging offer, dubbed MyExtra. Under the program unveiled Monday, consumers can visit www.MyExtraGum.

States sign on to NABP Rx monitoring system

The prescription monitoring programs (PMPs) of North Dakota, Ohio and Virginia have agreed to participate in the PMP Interconnect system to fight drug diversion and abuse, according to the National Association of Boards of Pharmacy (NABP).