The National Association of Chain Drug Stores commended President Barack Obama for signing into law legislation that extends the accreditation requirement for pharmacies to provide durable medical equipment (DME) under Medicare. Under the law, bill H.R. 3663, introduced by Reps. Zach Space (D.
Because of supply issues, CVS Caremark Corp. plans to wind down its seasonal flu shot clinics in CVS pharmacies next week.
Pfizer Inc. said Thursday that it has completed its acquisition of Wyeth. The pharmaceutical company announced Wednesday that it had received clearance from the U.S. Federal Trade Commission and the Canadian Competition Bureau to close the transaction.
Winn-Dixie Stores Inc. is offering antiviral drugs in more than 150 stores free to customers with insufficient or no prescription insurance coverage.
Walgreen Co. has unveiled a new $2 billion share repurchase program, twice the size of its existing plan. The drug store chain said Thursday that its board of directors has authorized the new program, which expires at the end of 2013 and replaces the previous $1 billion plan that was due to
As Congress pieces together its proposals for health care reform, CVS Caremark Corp. is sponsoring research to examine patient adherence to prescription drugs and spotlight ways to boost adherence.
Retail pharmacy groups applauded the Senate Finance Committee’s passage of its health care reform bill this week and underscored key industry provisions as the legislation is blended with other proposals.
Wal-Mart Stores Inc. has begun selling a wide assortment of H&BAs and personal care products online. Thousands of top-selling nationally branded items have been added to Walmart.com’s selection. The shipping fee is 97 cents per item.
Cheryl Hoffer has been hired at vice president of pharmacy network management at Mirixa Corp. Mirixa said Thursday that Hoffer, a 24-year veteran of Medicine Shoppe International Inc.
With lawmakers set to coalesce health care reform proposals, the National Association of Chain Drug Stores this week sent a letter to Senate leaders urging them to ensure that pro-patient and pro-pharmacy provisions remain in the final legislation.
CVS Caremark Corp. is at 7,000 and growing. The company, which has quintupled its store count in just over 12 years, still sees significant opportunity for expansion, CVS/pharmacy president Larry Merlo said at the opening of the chain’s 7,000th store here last month in this St. Paul suburb.
Walgreen Co. made good on its long-standing promise to open its 7,000th store by 2010, unveiling the milestone unit in a ceremony here earlier this month.
The expected approval of the Senate Finance Committee’s health care bill may have brought reform closer to the end of the beginning than the beginning of the end.
Groups representing community pharmacy have sued four states, saying that they are failing to provide Medicaid patients with access to the same care as everyone else.
Though community pharmacy groups praised Congress’ decision last week to delay the accreditation deadline for pharmacies providing durable medical equipment (DME) under Medicare, they continue to seek an exemption for drug retailers.
Chain drug retailers may well escape the worst of what is expected to be a poor holiday sales season. Drug chains have been outperforming other trade classes, and demand for flu shots is expected to help sustain their momentum, notwithstanding generally gloomy forecasts for retailers overall.
