Citing dangers from combined use, the Food and Drug Administration is requiring classwide changes to labeling for opioid analgesics, prescription opioid cough products and benzodiazepines, a group of central nervous system depressant drugs.
Fred’s Inc. president and chief operating officer Michael Bloom has been named as chief executive officer, succeeding Jerry Shore, who is retiring. Bloom takes the CEO reins effective immediately, and plans call for Shore to retire from the company in February, Fred’s said Tuesday.
Walgreens has entered into a long-term alliance with Prime Therapeutics, the nation’s fourth-largest pharmacy benefit manager, that will include the creation of a joint pharmacy services company.
Walgreens Boots Alliance Inc. said on Friday that it had agreed with AmerisourceBergen Corp. to amend the second tranche of warrants held by WBA to purchase AmerisourceBergen common stock to allow immediate exercise of the warrants, giving WBA nearly 24% of AmerisourceBergen’s outstanding equity.
Loblaw Cos. has agreed to acquire Canadian health care technology company QHR for $170 million. QHR is a leader in the electronic medical records (EMR) market, providing software for health care providers and patients. Loblaw will buy QHR’s outstanding common shares for $3.
Rite Aid Corp.’s RediClinic has formed a joint venture with New Jersey health system Hackensack Meridian Health to open co-branded retail clinics. Plans call for the first of 10 clinics to start opening later this year, RediClinic said Tuesday.
Walgreens has integrated its Balance Rewards customer loyalty program with Google’s Android Pay mobile payment platform.
Timothy Liebmann has been promoted to chief operating officer of pharmacy, a newly created position, at Fred’s Inc. Fred’s said late Thursday that Liebmann succeeds Rick Chambers, executive vice president of pharmacy operations, who is retiring.
A new prescription drug program from Rite Aid Corp. and its EnvisionRx pharmacy benefit management arm gives patients with chronic conditions more flexibility in getting their maintenance medications.
Bryan Pugh has resigned as chief merchant at Fred’s Inc. and has been replaced by Mary Lou Gardner. Fred’s said late Tuesday that Gardner takes over Pugh’s role as executive vice president and chief merchandising and marketing officer effective immediately.
With the start of flu season just around the corner in the fall, Rite Aid Corp. has begun its annual immunization push by offering walk-in flu shots daily. The drug chain said Tuesday that customers can visit any of its nearly 4,600 stores to get a seasonal flu shot from a
As the nation enters the back-to-school season, Walgreens has launched its yearly flu vaccination campaign.
CVS Health is piloting its own mobile payment tool called CVS Pay, designed to expedite the checkout process. CVS said Thursday that CVS Pay, part of the CVS Pharmacy mobile app, is an end-to-end solution that integrates payment, prescription pickup and the ExtraCare loyalty program all in one scan.
McKesson Canada president Alain Champagne is leaving the company to join sales training and development firm Optimé International as a partner and chief executive officer. Plans call for Champagne to take over as Optimé CEO effective Sept. 1.
Following recent reports that a deal was in the works, Walmart announced that it’s buying online retailer Jet.com Inc. in a transaction valued at $3.3 billion. Walmart said Wednesday that under the agreement, it will buy Jet for about $3 billion in cash and $300 million in Walmart shares.
National Association of Chain Drug Stores leaders told retailers and suppliers at the 2016 NACDS Total Store Expo that they’re well-positioned to help the nation meet challenges in health care.
