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NACDS Foundation raises $1.8 million at annual dinner

The 15th annual National Association of Chain Drug Stores Foundation Dinner raised more than $1.8 million to support its research, education and medication adherence initiatives. NACDS said Wednesday that the Tuesday evening dinner featured a keynote address by U.S.

Same-store sales rise in November at Walgreens

Walgreen Co. saw same-store sales edge up in November despite a mild flu season impacting pharmacy business. Walgreens said Wednesday that comparable-store sales rose 3.2% in November, reflecting negative impacts of 1.

Coty appoints new CFO

Coty Inc. has named Patrice de Talhouet as its new chief financial officer, starting early next year. The beauty care giant said Tuesday that de Talhouet will replace Sergio Pedreiro, who will stay on at Coty through March 2014 to provide a seamless transition.

Rite Aid board elects new member

Health care industry veteran Myrtle Potter has joined Rite Aid Corp.’s board of directors. The drug chain announced the election of Potter to its board on Tuesday. She is currently chief executive officer of Myrtle Potter & Co.

PCMA, NCPA at odds over CMS analysis of Part D mail order cost

A Centers for Medicare & Medicaid Services (CMS) analysis of the cost of mail order pharmacies versus retail pharmacies for Medicare Part D is drawing diverging conclusions from the Pharmaceutical Care Management Association (PCMA) and the National Community Pharmacists Association (NCPA).

MinuteClinic enters New Hampshire market

MinuteClinic has opened its first walk-in medical clinic locations in New Hampshire. The CVS Caremark Corp. subsidiary said Tuesday that the market entry represents the 28th state where it has retail clinics. MinuteClinics are now open inside CVS/pharmacy stores in Concord and West Lebanon, N.H.

Lannett to be listed on NYSE

Lannett Co. plans to transfer the listing of its common stock to the New York Stock Exchange (NYSE) from NYSE MKT. The generic pharmaceutical company said Monday that it expects its shares to begin trading on the NYSE as of Dec. 13 under its current ticker symbol, LCI. "This has been a tremendous

Rite Aid serves up discounted flu shots

Starting this past Sunday, Rite Aid Corp. has begun offering discounted flu shots to sway more people to get inoculated. Rite Aid said Monday that it’s reducing the price of a flu vaccination to $24.99, a savings of $5, in support of National Influenza Vaccination Week, which runs Dec. 8 to

CMS: Seniors saved $8.9 billion on Rxs due to ACA

Seniors and people with disabilities with Medicare prescription drug plan (PDP) coverage saved nearly $9 billion to date on prescription drugs as a result of the Affordable Care Act, according to new data from the Centers for Medicare & Medicaid Services (CMS).