Pharmacy
Global Rx spending forecast to exceed $1.5 trillion by 2023
The global pharmaceutical market is expected to grow at a slower rate over the next five years, according to a new report released Tuesday from IQVIA. Global spending on medicine reached $1.2 trillion in 2018, according to the report, and by 2023, that number could exceed $1.5 trillion.
Leading Edge Pharms adds new pain relief ointment to Cannavera line
Leading Edge Pharms, a biotechnology company developing novel cannabinoid therapies and innovative delivery systems, announced the launch of a new pain relief ointment in their existing Cannavera product line of topical pain relief creams, sprays and oils.
USF clinical trial seeks to reduce risk of Alzheimer’s, delay effects from disease
What if solving brain games and puzzles on a computer could reduce the chances of developing dementia such as Alzheimer’s or delay the debilitating loss of function associated with the disease? That’s the question researchers from the University of South Florida (USF) are seeking to answer through a
CaryRx aims to Uberize pharmacies with mobile platform
Cary Rx has extended the release of their enterprise offering, CaryRx Enterprise, providing a cost-efficient platform that enables any pharmacy to transform into a tech-enabled operation.
Kroger Health, PTS Diagnostics launch CardioChek Plus analyzers
PTS Diagnostics and Kroger Health, Kroger Co.’s nationwide arm of health and wellness facilities, services and programs, announce the full rollout of CardioChek Plus analyzers for point-of-care blood testing to help identify individuals at-risk of heart attack, stroke and diabetes.
NACDS gives input on HHS’ Healthy People 2030 initiative
The National Association of Chain Drug Stores (NACDS) has submitted comments containing recommendations for the Department of Health and Human Services’ (HHS) Healthy People 2030 initiative, which develops a new set of evidence-based, 10-year national objectives aimed at improving the health of all
Upsher-Smith celebrates 100 years of serving patients
MAPLE GROVE, Minn. – Upsher-Smith proudly kicked off its centennial anniversary this month at its headquarters here.
ACPE elects new officers, announces new board members
CHICAGO – The Accreditation Council for Pharmacy Education (ACPE) announced that Lori Duke, Anthony Provenzano, and Michael Moné have been elected as members of the ACPE executive committee for the 2019–2020 term of office.
Dr. Reddy’s gets FDA approval for Tosymra
Dr. Reddy’s Laboratories and its subsidiary, Promius Pharma. today announced the approval of Tosymra (previously known as DFN-02) by the U.S. Food and Drug Administration (FDA). Tosymra is indicated for the acute treatment of migraine with or without aura in adults.
Walgreens gets the largest share of Shopko auction assets
NEW YORK – Walgreens Boots Alliance was the big winner in the auction for the pharmacy assets of bankrupt retailer Shopko, taking charge of about half the assets that were on sale.
Jhaveri named Health Mart president
Nimesh Jhaveri has joined the Health Mart family of community pharmacies as president. Jhaveri, who has 30 years of hands-on pharmacy experience, started in his new role on October 31.
NACDS demonstrates need for DIR fee reform in comments to CMS
Based on insights from member pharmacies that serve as the front lines of healthcare delivery, the National Association of Chain Drug Stores (NACDS) has submitted extensive and thoroughly documented comments to the Centers for Medicare & Medicaid Services in support of the agency’s proposal to refor
The profession of pharmacy: A tale of two realities
Editor’s note: This was part of CDR’s 2019 Pharmacy Outlook in the January 7 issue. Today, pharmacists are facing a health care environment that presents both opportunities and challenges.
CVS Health announces transaction with Vitality Re X
CVS Health announced that Aetna, a CVS Health business, has entered into a four-year reinsurance arrangement with Vitality Re X Limited as part of its long-term capital management strategy.