CVS Caremark Corp. surpassed its financial goals in 2012 and, with its retail pharmacy/PBM business model, is well-positioned to address the changing health care environment going forward, president and chief executive officer Larry Merlo said at the company’s Analyst Day event in New York City.
Eighty percent of consumers think the "consumerization" of health care — people taking a greater and more active role in their own health care — is positive for Americans, a Wolters Kluwer Health survey finds.
Markwins International has completed its purchase of Physicians Formula Holdings Inc., a deal valued at about $75 million. Markwins said Wednesday that it has acquired all of the outstanding stock of Physicians Formula for $4.90 per share in cash.
The National Association of Boards of Pharmacy is enacting a four-part plan to foster inspection of nonresident compounding pharmacies and create an information sharing network of regulatory details on those pharmacies.
CVS and Walgreens were among the top brick-and-mortar retailers in a mobile shopping satisfaction study by mobile solutions firm Mobiquity.
Implementation of the Affordable Care Act health care reform law is on track as 2012 draws to a close. By January 1, Health and Human Services Secretary Kathleen Sebelius must decide which states are capable of running their own health insurance exchanges.
As it marks its 60th anniversary, Fruth Pharmacy has stayed true to its roots.
The Emerson Group has named Clark Tyndall, Sue Smith and Brian Schaefer as new partners. The consumer products consulting and services firm said Tuesday that Tyndall, Smith and Schaefer will join its Partner Group.
Acura Pharmaceuticals Inc. has launched Nexafed, a nasal decongestant with a technology that disrupts the conversion of pseudoephedrine into the dangerous drug methamphetamine. Nexafed uses Acura’s Impede technology, which disrupts the extraction and conversion of pseudoephedrine to methamphetamine.
PepsiCo has entered wide-ranging global partnership singing superstar and model Beyoncé that the beverage giant said marks a new way that it teams with musical artists. Under the deal, Beyoncé will have her image on Pepsi can slated to debut in 2013.
Cardinal Health Inc. chairman and chief executive officer George Barrett is the latest pharmacy industry executive to urge policymakers to come to an accord on the so-called "fiscal cliff.
CVS Caremark Corp. reportedly is mulling a move to go international. The Woonsocket, R.I.-based drug chain and pharmacy benefit manager is in advanced talks to acquire a controlling interest in Onofre, a chain drug operator in Brazil, the newspaper Valor Economico reported Friday.
Meda has signed an agreement to acquire MidNite, a over-the-counter sleeping aid. The Sweden-based company said Friday that the MidNite brand is well-established in the United States and holds a market-leading position in an expanding category. Marketed by Concepts In Health Inc.
Walgreen Co. and the Cystic Fibrosis Foundation have finalized a transaction that gives the drug chain a significant ownership stake in Cystic Fibrosis Foundation Pharmacy LLC, a newly formed specialty pharmacy for the disease. Terms of the agreement weren’t disclosed.
This month, Mars Chocolate North America plans to roll out a special edition of M&M’s with colors picked solely by fans.
Rite Aid Corp. plans to leverage the Surescripts Network for Clinical Interoperability to electronically deliver patient immunization notifications directly to health care providers.
