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GSK gets FDA OK for four-strain flu vaccine

GlaxoSmithKline has received Food and Drug Administration approval for Fluarix Quadrivalent, a four-strain seasonal flu vaccine. GSK said Monday that Fluarix Quadrivalent, for adults and children age 3 and older, represents the first intramuscular vaccine to cover against four influenza strains.

Ironwood, Forest ship IBS drug

Ironwood Pharmaceuticals Inc. and Forest Laboratories Inc. have released Linzess, a medication for irritable bowel syndrome (IBS), to U.S. pharmacies.

Walgreens’ Crawford to join Allstate board

Kermit Crawford, president of pharmacy, health and wellness at Walgreen Co., has been elected to the board of directors at Allstate Corp. The insurance giant said Monday that Crawford will join its board effective Jan. 30, 2013, which will increase the company’s total number of board members to 13.

NACDS: Senator advocates for MTM coverage

The National Association of Chain Drug Stores is hailing Sen. Kay Hagan (D., N.C.) for her leadership on behalf of pharmacy patient care, in particular medication therapy management (MTM).

AstraZeneca: Crestor U.S. patent is upheld

AstraZeneca reported that the Court of Appeals for the Federal Circuit has upheld a decision of the U.S. District Court in Delaware that the substance patent protecting its cholesterol-lowering drug Crestor is "valid and enforceable.

Walgreens opens 8,000th store

Walgreen Co. has opened two more flagship stores in rapid succession, in a historic bank building in Chicago, and in Hollywood, Calif., at Sunset and Vine. Walgreens president and CEO Greg Wasson at the flagship store opening in Hollywood.

CVS reportedly set to buy Brazilian drug chain

CVS Caremark Corp. may be on the verge of going international. The Woonsocket, R.I.-based pharmacy company is in advanced negotiations to buy a controlling interest in Onofre, a chain drug store operator in Brazil, according to the Valor Economico newspaper.

Fiscal cliff a peril for retailers

The White House and congressional Republicans remained far apart on a plan for avoiding the automatic tax increases and spending cuts known as the “fiscal cliff” earlier this month, even as the consequences of not coming to an agreement came into sharper focus.

Implementation of health care reform on track

As 2012 draws to a close, numerous developments in health care reform continue to occur.   Health and Human Services Secretary Kathleen Sebelius must decide by January 1 which states are capable of running their own health insurance exchanges.

Pharmacists receive high marks on trust

Gallup Inc.’s annual Honesty and Ethics survey reveals that pharmacists rank second only to nurses as the most trusted professionals. Of 1,015 U.S. adults polled, 75% rated pharmacists "very high" or "high" in terms of honesty and ethics. That put pharmacists at No.