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Issue 06-25-2012

GlaxoSmithKline builds new paradigm

The business model that has long sustained the research-based pharmaceutical industry is faltering, with the steady stream of blockbuster medications that once characterized it drying up and competition from generics suppliers increasing as an unprecedented number of branded products lose patent pro

O-T-Cs to empower consumers

Part of the solution to the problems of access and cost that beset the nation’s health care system can be found in greater use of over-the-counter medications, an insight on which Glaxo­Smith­Kline Consumer Healthcare is acting.

Katz CEO Scorpiniti energized by intense competition

Frank Scorpiniti is now just over a year into his Canadian experience: 11 months as chief operating officer of the Katz Group and just four months in the chief executive officer position to which he was appointed after the retirement of former president and CEO Andy Giancamilli in February.

Insurers to preserve key reform elements

With the fate of the health care reform law hanging in the balance, three of the country’s largest health insurers said they would maintain some Affordable Care Act benefits regardless of how the Supreme Court rules on it.

NACDS’ Jaeger makes the case for retail Rx

Retail pharmacy has the capacity to be one of the drivers of the transformation of health care, says Kathleen Jaeger, senior vice president of pharmacy care and patient advocacy at the National Association of Chain Drug Stores.

Walmart shareholder votes reflect concerns

Walmart’s annual meeting earlier this month managed to celebrate the retailer’s 50 years of spectacular growth in usual style, with plenty of enthusiastic associates from around the world and high-profile celebrities on display.

NACDS tabs government affairs VP

The National Association of Chain Drug Stores has named Thomas O’Donnell vice president of federal government affairs. O’Donnell, who most recently served as the chief of staff for Rep. Steve Rothman (D., N.J.), is slated to join the association on July 9.

Navarro goes live with website in Spanish

Navarro Discount Pharmacy has launched a Spanish-language version of its website. Visitors to navarro.com can click on the "En Español" icon on the site’s home page to change the site’s language to Spanish.

Duran gets exec post at RxAlly

Former Medco Health Solutions Inc. executive Peter Duran has joined the executive team at RxAlly. Duran, who spent the last 15 years with Medco, is serving as vice president and chief privacy officer of the 22,000-member pharmacy alliance.