CVS Health announces leadership appointments
CVS Health announced several leadership updates, effective immediately: • Senior vice president of Corporate Finance and interim CFO, Tom Cowhey, has been formally appointed the company’s next CFO.
Pharmacy
CVS partially dropping Humira in favor of cheaper biosimilars
CVS Caremark, a CVS Health company, announced this week the continuation of its efforts to expand adoption of biosimilars. Effective April 1, 2024, Humira will be removed from our major national commercial template formularies and Humira biosimilars will be covered.
Dr. Reddy’s announces the acquisition of MenoLabs
PRINCETON, N.J. – Dr. Reddy’s Laboratories announced that it has acquired MenoLabs business, a leading women’s health and dietary supplement branded portfolio from Amyris, Inc. (“Amyris”) in Amyris’ Chapter 11 sales process. Dr.
Justin Heiser takes the helm at Thrifty White Pharmacy
Justin Heiser has officially taken over as the new president and CEO at Thrifty White Pharmacy. Heiser’s appointment was first announced last May, following the news that Robert (Bob) Narveson president and CEO of Thrifty White Pharmacy for almost 33 years, was stepping down from his role.
VSP Vision to provide exclusive individual vision plans to AARP members
Today, VSP Vision announced that AARP members will be eligible for exclusive individual vision and eyewear insurance plans from VSP Vision.
Pfizer to lay off 285 workers at Rockland campus
Pfizer said this week it plans to lay off 285 workers at its Pearl River campus in New York as the company struggles financially, in good part, due to declining demand for its COVID-19 vaccines and products, state records show. The Pfizer job cuts will begin Feb. 12 and continue through late
APhA teams with CDC to advance health equity
The American Pharmacists Association (APhA) announced today that it has entered into a contracted project agreement with CDC’s Applied Research and Evaluation Branch in the Division for Heart Disease and Stroke Prevention to accelerate the implementation of pharmacy-based strategies to advance healt
NACDS lauds CMS letter challenging PBM and health plan tactics
NACDS is welcoming a proactive move by the Centers for Medicare & Medicaid Services (CMS) to outline increasing concerns about certain practices by some plans and pharmacy benefit managers (PBMs) that “threaten the sustainability of many pharmacies, impede access to care, and put increased burden on
Dr. Reddy’s debuts on the Dow Jones Sustainability World Index
HYDERABAD, India – Dr. Reddy’s Laboratories has won back-to-back global recognitions for its commitment and progress on sustainability and Environment Social and Governance (ESG) agenda. Dr.
PQA appoints 2024 board of directors and executive committee
ALEXANDRIA, Va. – The Pharmacy Quality Alliance (PQA) Board of Directors appointed seven new members to the 25-member board and approved its 2024 Executive Committee during the 2023 fourth quarter meeting. Individuals will begin serving January 1.
Crystal Lennartz named president of Health Mart and Health Mart Atlas
McKesson has appointed Crystal Lennartz as president of Health Mart, an independent pharmacy franchise, and Health Mart Atlas, a pharmacy services administrative organization (PSAO).
PCMA issues statement on House vote of H.R. 5378
The Pharmaceutical Care Management Association (PCMA) released the following statement on the U.S. House of Representatives’ vote on the Lower Costs, More Transparency Act. “America’s pharmacy benefit companies are extremely disappointed by the passage of H.R. 5378 by the U.S.
HDA issues statement on CNBC special report on Rx counterfeiting
Healthcare Distribution Alliance (HDA) president and CEO Chester “Chip” Davis, Jr., released the following statement in response to CNBC’s reporting on counterfeit medications and the role of pharmaceutical distributors.
NACDS praises House passage of bipartisan bill to help deliver essential PBM reforms in Medicaid
NACDS is applauding the passage of the Lower Costs, More Transparency Act (H.R. 5378) by the U.S. House of Representatives today. The bill — which was introduced by U.S. Representative Cathy McMorris Rodgers (R-WA) on September 8 — is a vital aspect of pharmacy benefit manager (PBM) reform.