CVS Health launches Transform Rheumatoid Arthritis Care
CVS Health has added a rheumatoid arthritis program to its Transform Care offering to help pharmacy benefit management clients better manage care and costs for certain disease states.
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Pessina: Walgreens’ transformation well under way
Walgreens is halfway through a transformation that includes a rethinking of its supply chain and services, Walgreens Boots Alliance executive vice chairman and CEO Stefano Pessina said at the company’s annual shareholders meeting.
Walmart pharmacies provide free DisposeRx packets
Walmart has begun offering pharmacy patients filling opioid prescriptions a free drug disposal packet containing a biodegradable powder that enables them to safely discard unwanted, unused or expired medication. Walmart said Wednesday that the packet, from DisposeRx Inc.
2018 Retail Forecast: Learning to Adapt
What will the second year of the Trump administration look like? Is the demise of the Affordable Care Act imminent? Will pharmacists get the greater role in health care they have long sought? These are among the questions top chain drug industry executives are pondering as they look to 2018.
Nestlé to sell U.S. candy business to Ferrero for $2.8B
Food and beverage giant Nestlé is selling its U.S. confectionery business to Italy-based Ferrero Group for $2.8 billion (U.S.) in cash. With the acquisition the Nestlé U.S. candy business, announced Tuesday, Ferrero will become the third-largest confectionery company in the U.S. market.
Publix Pharmacy program offers generics for $7.50
Publix Super Markets Inc. has begun providing up to a 90-day supply of commonly prescribed generic drugs for $7.50. The food and drug retailer said Tuesday that the new Publix Pharmacy program includes 29 generic medications in 85 dosage options.
Edgewell unveils Schick Intuition f.a.b. two-way razor
Edgewell Personal Care said it has achieved a first in women’s shaving with the launch of the Schick Intuition f.a.b. bidirectional razor. Announced Tuesday, the Schick Intuition f.a.b. sports cartridges with bidirectional blades, enabling women to shave forwards and backwards — hence the “f.a.b.
Energizer to buy Spectrum Brands’ battery business for $2B
Energizer Holdings Inc. plans to acquire the global battery and portable lighting business of Spectrum Brands Holdings Inc. for $2 billion in cash.
Albertsons Cos. COO Wayne Denningham to retire
Wayne Denningham, president and chief operating officer of Albertsons Cos., plans to retire near the end of the company’s fiscal year. Wayne Denningham Albertsons also said Tuesday that it has named Susan Morris as executive vice president and chief operations officer.
Reports: Walmart to cut 1,000 headquarters jobs
Walmart plans to cut 1,000 or more jobs, mainly at its headquarters, according to published reports. The Walmart job cuts are expected to be enacted by the end of the company’s current fiscal year on Jan. 31, according to The Wall Street Journal.
CVS raises transparency in beauty marketing
CVS Health is bringing more transparency to beauty care marketing with the introduction of the CVS Beauty Mark, a watermark highlighting imagery that hasn’t been materially altered.
Strategy to build a new Rite Aid takes shape
Rite Aid Corp. president and chief operating officer Kermit Crawford said he’s confident the company “will succeed in building the new Rite Aid” following its $4.375 billion asset sale to Walgreens Boots Alliance (WBA).
CVS Health unveils outlook for fiscal 2018
CVS Health executives expressed confidence in the company’s growth strategy earlier this month, and also noted that the recently passed tax overhaul packaged should boost its cash flow by an estimated $1.2 billion.
Fight against Rx abuse stepped up at Fruth
Drug abuse, including the abuse of prescription painkillers, has reached epidemic proportions in the U.S., and Fruth Pharmacy, based here, is on the front lines of the fight, says Lynne Fruth, the company’s chairman and president.
ACA enrollment remains steady
Nearly 9 million people signed up for health insurance in the Affordable Care Act’s latest open enrollment period, despite the Trump administration having cut its duration in half. The 8.