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NCPA gives thumbs up to FMAP extension in ‘jobs bill’

Noting the financial hardships gripping many state budgets, the National Community Pharmacists Association applauded congressional leaders for proposing to continue a funding hike for Medicaid as part of economic stimulus legislation. NCPA said Senate Finance Committee Chairman Max Baucus (D., Mont.

Axellia buys majority stake in Phoenix Global Supply Group

Axellia Pharmaceuticals has acquired a majority interest in Phoenix Global Supply Group Inc. to supply finished dosage over-the-counter pharmaceutical products in the United States and Canada. Denmark-based Axellia announced the deal late Tuesday. Financial terms weren’t disclosed.

Rite Aid launches new private-label baby care line

Rite Aid plans to roll out a new private-brand line of baby care items called Tugaboos, with the first product — Tugaboos diapers — available now at all of the drug chain’s stores. The retailer said Thursday that Tugaboos compare in quality to the national brands but are priced much lower. The