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Pharmacy

NACDS defines “PBM Reform” for senate hearing

NACDS defines “PBM Reform” for senate hearing

ARLINGTON, Va. – With increasing bipartisan focus on pharmacy benefit managers’ (PBM) tactics that harm patients and the pharmacies that serve them, the National Association of Chain Drug Stores (NACDS) is defining the solutions for comprehensive reform.

AAM unveils new social media campaign

AAM unveils new social media campaign

WASHINGTON – The members of the Association for Accessible Medicines (AAM), today announced the start of an industry-wide effort to remind everyone across the nation not to take the generic medicines they rely on daily – and the savings they enjoy – for granted.

NACDS to CMS: Finish the job of DIR fee reform

NACDS to CMS: Finish the job of DIR fee reform

ARLINGTON, Va. – The National Association of Chain Drug Stores (NACDS) is reminding the Centers for Medicare & Medicaid Services (CMS) that the 107,400% growth in “DIR fees” over one decade’s time continues to jeopardize seniors and the pharmacies that serve them.

The independent pharmacy marketplace remains stable

The independent pharmacy marketplace remains stable

In the past few years, some have been pushing the narrative that pharmacy benefit companies are driving independent pharmacies out of business. Their argument seems compelling, but is it true? As we do every year, PCMA consulted the numbers from several sources.

Christine Baeder named chair of the AAM board of directors

Christine Baeder named chair of the AAM board of directors

The Board of Directors of the Association for Accessible Medicines (AAM) has named as its new Chairperson, Christine Baeder, Teva Pharmaceuticals USA Chief Operating Officer for U.S. Generics and Biosimilars. Baeder succeeds Chirag Patel, Amneal Pharmaceuticals Inc.

Walgreens acquires Medly Health

Walgreens acquires Medly Health

Walgreens confirmed Wednesday it has purchased Medly Health, a digital pharmacy business, which could lead to the closure of all 22 Pharmaca Integrative Pharmacies.

Roche expands collaboration with Janssen

Roche expands collaboration with Janssen

Roche has expanded its collaboration with Janssen Biotech Inc. (Janssen) to create companion diagnostics for targeted therapies, further strengthening research and innovation activities.

CVS to buy Oak Street Health

CVS to buy Oak Street Health

CVS Health and Oak Street Health have entered into a definitive agreement under which CVS Health will acquire Oak Street Health in an all-cash transaction at $39 per share, representing an enterprise value of approximately $10.6 billion.