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WBA finalizes investment in pharmacy chain GuoDa

WBA finalizes investment in pharmacy chain GuoDa

DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) today announced that, following receipt of regulatory approvals, it has completed the previously announced agreement to acquire a 40% minority stake in Sinopharm Holding GuoDa Drugstores Co., Ltd. (GuoDa), a leading retail pharmacy chain in China.

Amazon to acquire PillPack

Amazon to acquire PillPack

Amazon and PillPack today announced that they have entered into a definitive merger agreement under which Amazon will acquire PillPack. PillPack is a pharmacy said to be designed to provide the best possible customer experience in the U.S. for people who take multiple daily prescriptions.

Rite Aid reports fiscal 2019 first quarter results

Rite Aid reports fiscal 2019 first quarter results

Ahead of the August 9 shareholders vote on the proposed merger with Albertsons, Rite Aid Corp. reported operating results for its first fiscal quarter ended June 2, 2018. For the first quarter, the company reported net loss from continuing operations of $41.7 million, or $0.

AllianceRx Walgreens Prime, Inovalon team up

AllianceRx Walgreens Prime, Inovalon team up

AllianceRx Walgreens Prime, the combined central specialty and home delivery pharmacy formed by Walgreens and pharmacy benefit manager Prime Therapeutics LLC (Prime) announced today a collaboration with Inovalon, a leading technology company providing cloud-based platforms empowering data-driven hea

Senate panel green lights e-prescribing Bill

Senate panel green lights e-prescribing Bill

ARLINGTON, Va. – The Senate Finance Committee has passed the Every Prescription Conveyed Securely Act (S. 2460), which is backed by the National Association of Chain Drug Stores (NACDS). The House of Representatives Energy and Commerce Committee passed companion legislation (H.R. 3528) on May 9.

NACDS, stakeholders to meet with DoD on TRICARE

NACDS, stakeholders to meet with DoD on TRICARE

In the first step in the stakeholder process recommended by lawmakers in a letter to the Department of Defense (DoD) in April, the National Association of Chain Drug Stores (NACDS), the National Community Pharmacists Association and the Pharmaceutical Research and Manufacturers of America (PhRMA) ha