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NCPA to CMS: Follow health reform law with new AMP formula

The Centers for Medicare and Medicaid Services (CMS) should closely follow congressional guidance included in the health care reform law as the agency implements a new formula for Medicaid generic drug reimbursement based on average manufacturer price (AMP), according to the National Community Pharm

Health IT specialist elected to Walgreens board

Dr. David Brailer, chairman of investment firm Health Evolution Partners, is joining the board of directors at Walgreen Co. Walgreens said Wednesday that Brailer, who will serve as an independent director, becomes the board’s 11th member.

Study: Vichy product reduces acne blemishes

Vichy Laboratoires said a study by the L’Oreal Institute for Ethnic Hair and Skin Research found that acne was the top problem and biggest skin concern cited by Caucasian, African-American, Hispanic and Asian women and that Vichy Normaderm Anti-Imperfection Hydrating Care effectively addresses acne-

Par Pharma starts shipping generic Tussionex

Par Pharmaceutical Companies Inc. has begun limited shipment of hydrocodone polistirex and chlorpheniramine polistirex (CIII) extended-release oral suspension. The company said Tuesday that its licensing partner, Tris Pharma Inc.

NACDS gives take on CMS proposal to pull AMP provisions

The National Association of Chain Drug Stores has issued comments to the Centers for Medicare & Medicaid Services (CMS) in the wake of the agency’s issuance of a proposed rule on Sept. 3. NACDS said CMS’ action on Monday would withdraw two provisions of the July 17, 2007, rule related to pharmacy

Earnings, sales up in 2Q at Jean Coutu Group

Earnings, sales up in 2Q at Jean Coutu Group

As it braces for the impact of drug pricing reform, Jean Coutu Group recorded sales and earnings gains for its fiscal 2011 second quarter. The Canadian drug store chain said Tuesday that for the second quarter ended Aug. 28, total sales edged up 2.2% to $622 million (Canadian) from $608.7 million a

New president appointed at Shoppers Food & Pharmacy

Tim Lowe has been named president of Shoppers Food & Pharmacy, a Supervalu Inc. supermarket chain, and is slated to take over the post next week. Lowe is currently senior vice president of operations at Shoppers. The food and drug retailer said Monday that he will assume his new role on Oct.

NCPA launches long-term care division

The National Community Pharmacists Association is forming a new division aimed at advancing the interests of independent long-term care pharmacy providers. NCPA said Monday that to lead the new LTC Division, it has hired Susan Janeczko, Pharm.D.