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Issue 01-02-2012

Concerns raised about impact of PBM merger

The National Association of Chain Drug Stores wants to ensure that Congress has the facts straight regarding the planned merger of Express Scripts Inc. and Medco Health Solutions Inc. In a letter to Sen. Herb Kohl (D., Wis.

Duane Reade stays on the cutting edge

Extending the horizons of its innovative 40 Wall St. store, Duane Reade has opened a midtown Manhattan drug store with still more novel food and beauty care offerings. The 20,000-square-foot store at 52nd Street and Broadway formerly was a 3,100-square-foot Duane Reade Express outlet.

Watts leaves Walgreens

Walgreen Co. corporate vice president and chief innovation officer Colin Watts has left the chain to join Weight Watchers International Inc. as senior vice president of wellness and global ­innovation.

Medicine Shoppe says suit is without merit

About 60 Medicine Shoppe International (MSI) and Medicap pharmacy owners have filed an arbitration claim against their franchisors alleging lack of support. The franchisees announced their breach-of-contract claim last month. Cardinal Health Inc.

Hy-Vee’s Jurgens set to step down in June

Hy-Vee chairman and chief executive officer Ric Jurgens says he will retire in June. At Hy-Vee’s annual meeting last month, the 62-year-old Jurgens said he feels that the chain, which operates more than 200 food and pharmacy stores and about 25 stand-alone drug stores, has reached the point where he

Mobile shopping options grow at CVS

With a recent study from IBM showing the percentage of consumers using mobile devices to shop has nearly tripled over the past year, CVS/pharmacy has made its entire cvs.com catalog available through its mobile site.

Outlook for biopharmaceutical sector is bright

patent cliffs, stagnant pipelines, the end of the blockbuster era, etc. In reality, the prospects of the biopharmaceutical sector — for patients in search of new medicines, for policy makers seeking value in the health care system and for