CVS-Aetna: an answer to a broken system
All indications are that CVS Health’s $77 billion acquisition of Aetna is on track to be finalized by the end of the year.
Issue 07-09-2018
Technology can advance a 21st century regulatory process
Driven by the 21st Century Cures Act, Food and Drug Administration Commissioner Scott Gottlieb has publicly stated a goal of moving the FDA into the new century by creating a regulatory process that is modern and efficient.
Gen. Michael Hayden to deliver keynote at TSE
Retired four-star general and former director of the Central Intelligence Agency and National Security Agency Michael Hayden will address the National Association of Chain Drug Stores Total Store Expo (TSE) on Sunday, August 26, in Denver as the keynote speaker during the event’s Business Program.
Walgreens to open Chicago facility
Walgreens last month said it will open a new 200,000-square-foot corporate facility in the former Chicago Post Office building. The company expects 1,800 people will work in the new offices, with some 1,300 of the jobs being relocated from other offices.
Humana, Walgreens team up for senior care
Humana Inc. and Walgreens have partnered to provide easier access to primary care and other services for seniors as part of the two companies’ ongoing and shared commitment to the health and well-being of people in the Kansas City area.
CDMA adds to Boivin’s role after Devine resigns
The Chain Drug Marketing Association’s (CDMA’s) board of directors announced last month the resignation of John Devine as its president. Devine, whose last day as president was June 22, stepped down to pursue other opportunities, according to CDMA.
Rusk named to head pharmacy at Publix
As of June 1, Dain Rusk joined Publix Super Markets Inc. as vice president of pharmacy.
Albertsons offering mental illness testing
Albertsons Cos. has teamed up with Genomind to offer customers with mental illness a genetic test that could lead to improved results from medication therapy.
Thrifty White, PrescribeWellness pair up
Thrifty White Drug Stores and PrescribeWellness have entered into a partnership that aims to deliver software solutions to pharmacists that will help them provide better customer care.
Supreme Court rules on sales tax
States can collect sales tax from online sellers even if those companies don’t have a physical presence in the state, the Supreme Court ruled last month in a case with far-reaching implications for online commerce.
WBA is listed on the Dow
Walgreens Boots Alliance (WBA) late last month took its place alongside Boeing, Merck & Co., Walmart and other large, publicly traded U.S. companies that comprise the Dow Jones industrial average, the stock index that tracks daily trading in 30 of the world’s best-known blue chips.
Rite Aid introduces drug disposal units
Rite Aid Corp. last month unveiled the company’s first in-store medication disposal unit at the Rite Aid pharmacy in Lemoyne, Pa., as part of its overall strategy of combating drug abuse. Rite Aid plans to install 100 medication disposal units in selected pharmacies over the next year.
CVS rolls out delivery service
CVS Pharmacy has expanded its prescription delivery service nationwide and made same-day delivery available in five new major markets. The move makes CVS the first national retailer to make both pharmacy and front-end delivery available chainwide.
Ahead of Aetna merger, CVS names new exec team
With its $69 billion buyout of Aetna on track to close later this year, CVS Health announced the management team selected to lead the combined company.