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FDA to restrict pain medicine

The Food and Drug Administration has recommended that Vicodin and other pain medications containing hydrocodone be reclassified as Schedule II drugs. The recommendation now goes to the Department of Health and Human Services and the Drug Enforcement Administration for a final decision.

Industry groups weigh in on Medicaid, biosimilars

The Centers for Medicare & Medicaid Services (CMS) should take steps to ensure that states increase dispensing fees for Medicaid drugs in conjunction with the new federal upper limits (FULs) that are anticipated in 2014, contend the National Association of Chain Drug Stores and the National Communit

CVS: A force in beauty for 50 years

CVS/pharmacy is celebrating 50 years of beauty care by publishing a fall “Look Book” highlighting cosmetics, hair care and other product trends from the 1960s and today. The 52-page booklet notes that CVS was founded in 1963 as Consumer Value Stores, with a focus on value and ­selection.

London Drugs hones passport technology

London Drugs has become the first retailer in North America to offer passport photo services including biometric imaging technology. On July 1 Canada implemented a biometric passport, or ePassport, system.

ACA emerges intact from federal budget battle

The Affordable Care Act emerged relatively unscathed from the bruising budget battle as Republicans in the House of Representatives buckled and a compromise proposal approved in both the Senate and House was signed by President Obama.

CVS starts customizing circulars for shoppers

CVS/pharmacy has brought the weekly ad circular into the digital age. In leveraging the data yielded by its ExtraCare loyalty card program, the company is now delivering a personalized version, dubbed “myWeekly Ad,” geared to individual ­shoppers.

Walgreens hones daily living team

Shortly after the arrival of Alex Gourlay to assume his duties as president of Walgreen Co.’s daily living business at the start of the month, he announced adjustments to marketing and merchandising duties designed to simplify and coordinate the retailer’s strategic direction going forward.

California legislation a victory for Rx

California lawmakers have agreed that pharmacists should be considered health care providers, passing legislation earlier this month that authorizes pharmacists to provide additional ­services. The law, signed by Gov. Jerry Brown on October 2, becomes effective on January 1.

Kelly becomes chief merchant at Rexall

Rexall Pharma Plus has added two seasoned executives to its management team. Mary Kelly has been named executive vice president and chief merchandising officer at the 436-unit chain, reporting directly to chief executive officer Frank Scorpiniti.

Ritzman buys five Mast Pharmacy stores

Ritzman Pharmacies Inc. has purchased five-store Mast ­Pharmacy. Ritzman picked up outlets in Sugarcreek, Berlin, Millersburg, Shreve and Wooster, Ohio, giving it a total of 25 full-service pharmacies in northeastern and central Ohio.

Jean Coutu sets stock buyback, dividend

The Jean Coutu Group has announced a share repurchase plan and a special onetime dividend to return as much as $502 million (Canadian) in cash to ­shareholders. The share repurchase offer covers 22 million Class A subordinate voting shares without par value, at a price of $18.50 per share.

Duane Reade taps Facebook

Duane Reade is conducting a Halloween-themed social media marketing campaign to promote its store brand hosiery products. The “Boo-tiful Legs” contest calls for entrants to upload original photos of themselves wearing Duane Reade brand hosiery via a dedicated Facebook page.