Bristol-Myers Squibb to Acquire Celgene Corporation
In a deal worth $74 billion, Bristol-Myers Squibb announced today its plans to acquire Celgene Corporation.
Pharmacy
Prices boosted on hundreds of drugs
Drugmakers are increasing the price of hundreds of drugs by an average of more than 6%, according to a new analysis by Rx Savings Solutions. With pressure on the pharmaceutical industry to hold down prices mounting, many of the increases are relatively small.
Healthwarehouse.com reaps benefits of Innovation’s high-volume mail order pharmacy automation
Six months after replacing after replacing prior automation with Innovation’s PharmASSIST high-volume Quick Start prescription fulfillment system, mail order pharmacy HealthWarehouse.com is touting dramatic improvements in operational efficiency. Healthwarehouse.
Dr. Reddy’s launches sevelamer carbonate for oral suspension in U.S.
Dr. Reddy’s Laboratories announced the launch of sevelamer carbonate for oral suspension, in 0.8 g and 2.4 g packets, a therapeutic equivalent generic version of Renvela (sevelamer carbonate) for oral suspension, approved by the U.S. Food and Drug Administration. The Renvela brand and generic had U.
Dr. Reddy’s rolls out aspirin and extended-release dipyridamole capsules
Dr. Reddy’s Laboratories Ltd. recently announced the launch of aspirin and extended-release dipyridamole capsules, a therapeutic equivalent generic version of Aggrenox (aspirin and extended-release dipyridamole) capsules in the United States market from the U.S. Food and Drug Administration.
Cigna completes Express Scripts deal
Cigna Corp. has successfully completed its combination with Express Scripts Holding Company effective December 20, 2018.
Pharmacists remain strong in Gallup honesty, ethics survey
ARLINGTON, Va. – Pharmacists rank third in Gallup’s 2018 survey of honesty and ethical standards, maintaining their consistently strong showing in the annual measure of diverse professions.
Rite Aid, McKesson continue partnership
CAMP HILL, Pa. – Rite Aid Corp. and McKesson Corp. announced an agreement to key terms that will continue the companies’ pharmaceutical sourcing and distribution partnership for an additional 10 years.
New VP at CARE Pharmacies
CARE Pharmacies, a member-owned cooperative of independent community and specialty pharmacies, promoted Wafaa Berrady earlier this month to vice president of finance. In her new role, Berrady will oversee all the chain level financial functions of the growing cooperative drug chain. “Mrs.
Paramount Rx saves customers over $400 million on prescriptions
CARY, N.C. – Prescription benefits manager Paramount Rx reported that it has saved customers more than $400 million on their prescriptions in 2018 through its Community Cares Rx prescription discount program.
GSK, Pfizer create O-T-C giant
GlaxoSmithKline Plc and Pfizer Inc. have struck a deal that will create the largest over-the-counter drug company in the world. GSK paved the way for a split into two companies, agreeing to create the consumer-health joint venture with Pfizer.
HDA Foundation report looks at specialty supply chain
Data published by the HDA Research Foundation reveal the changing market dynamics of the nearly $200 billion specialty pharmaceutical supply chain segment — and the important role HDA-member specialty pharmaceutical distributors play within it.
Thrifty White and Emerlyn Technology to partner
PLYMOUTH, Minn. – Thrifty White Pharmacy announced today that the partnership between Thrifty White and SureCost, a central ordering application powered by Emerlyn Technology, will now be offered to Independent pharmacies through Thrifty White’s Affiliated Pharmacy Program.
Survey shows teen misuse of O-T-C cough medicine remains very low
The 2018 results from the National Institute on Drug Abuse (NIDA) and University of Michigan’s annual drug abuse survey, Monitoring the Future, were released today showing that the percentage of teens using over-the-counter (O-T-C) cough medicine containing dextromethorphan (DXM) to get high remains
Walgreens launches Flu Index for 2018-2019 season
With holiday travel around the corner and flu activity on the rise in many parts of the country, Walgreens has launched its first Flu Index for the 2018-2019 flu season. The Walgreens Flu Index, now in its fifth season, is a weekly report ranking the top markets and states for flu activity
CARE Pharmacies, Leading Edge Pharms expand access to opioid alternatives for pain
CARE Pharmacies Cooperative Inc. (CARE), a growing independent retail drug chain serving local communities throughout the United States, and Leading Edge Pharms, Inc.