More states push PBM audit legislation
Mississippi and Minnesota are the latest states to offer legislation to curb audits of pharmacies by pharmacy benefit managers (PBMs).
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VIVUS cleared to market ED drug
VIVUS Inc. has received approval from the Food and Drug Administration for Stendra tablets (avanafil), indicated for the treatment of erectile dysfunction (ED).
Walgreens ups availability of pertussis vaccine in Arizona
Walgreen Co. is offering pertussis immunizations at its approximately 275 points of care in Arizona as health officials in the state are urging residents to make sure they’re vaccinated against whooping cough.
Serena Williams serves up Sleep Sheets at Walgreens
Tennis star Serena Williams has introduced Sleep Sheets, a new natural sleep aid from Sheets Brand available exclusively at Walgreens.
Teva drug disposal poll
With the Drug Enforcement Agency’s National Prescription Drug Take Back Day taking place on April 28, Teva Pharmaceuticals announced interesting survey results they hope will inspire prescription medication users to act more responsibly when using and disposing of drugs.
ShelfX
ShelfX, provider of revolutionary self-checkout and inventory management solutions, announces the availability of the Vending Fridge.
Sav-Mor eyes ACOs as health care role grows
Retail pharmacy’s role with accountable care organizations (ACOs) is among the hot topics in health care, and Sav-Mor Franchising is performing due diligence to gauge its participation in that area of health care reform, president and chief executive officer Richard Grossman said.
NACDS endorses legislation for PDUFA
The National Association of Chain Drug Stores voiced its support for the Senate legislative package that will serve as a starting point for the reauthorization of the Prescription Drug User Fee Act (PDUFA).
Uniprix expands store base, private brands
After a letup in the pace of expansion, the Uniprix Group has been able to re-energize its activity. President and chief executive officer François Castonguay said the Canadian drug chain had eight new units come aboard last year and it expects to add another 12 in the current year.
Health Mart takes patient-centric approach
To cultivate their role as health care providers, community pharmacists must provide value to patients beyond the clinical benefits of the medicine they’ve been prescribed, according to Chuck Wilson, vice president of pharmacy operations for Health Mart.
Shoppers Drug Mart sales, profit edge up in 1Q
Robust front-end business lifted sales and earnings at Shoppers Drug Mart Corp. in the first quarter. The Canadian drug chain said Thursday that for the first quarter ended March 24, total revenue rose 2% to $2.39 billion (Canadian) from nearly $2.35 billion a year earlier.
The Top 10 Chain Drug Retailers
Opportunities for pronounced gains in market share by the top chain drug retailers are few, but several catalysts stand to propel pharmacy business, according to industry observers.
Watson unveils deal to acquire Actavis
Watson Pharmaceuticals Inc. plans to buy Actavis Group for 4.25 billion euros ($5.6 billion). Announced late Wednesday, the deal comes after recent buzz of a potential Watson acquisition of Switzerland-based Actavis by industry analysts.
NACDS CEO: ‘Absolutely critical’ period begins
For the chain drug retailing sector, the next several years or more will be crucial, according to Steve Anderson, president and chief executive officer of the National Association of Chain Drug Stores.
Schick Intuition social media effort touts ‘simplicity’
Schick Intuition has launches The Simplicity Project, an initiative on Facebook designed to help women make their lives easier. The Energizer Personal Care women’s shaving brand said Wednesday that through the end of the summer, women can go online to Facebook.
Pepsi MAX kicks off ‘Field of Dreams’ promo
PepsiCo’s Pepsi MAX brand is giving baseball fans a chance to take the field with Major League Baseball legends in the Pepsi MAX MLB Field of Dreams program. The beverage giant said Tuesday that through June 15, fans across the country can go to MLB.com/PepsiMAX to votes for players on the American