McKesson Corp. has closed its $2.1 billion (U.S.) acquisition of Canadian drug chain Rexall Health and hired Domenic Pilla as chief executive officer of McKesson Canada. McKesson said late Wednesday that Pilla is slated to take the reins as McKesson Canada CEO on Jan. 3. In the role, he will
Fred’s Inc. has adopted a shareholder rights plan, also known as a “poison pill,” after a hedge fund recently became the company’s single largest shareholder.
Walgreens has launched its safe medication disposal kiosk program at 16 stores in New Jersey.
Rite Aid Corp. said slim reimbursement rates, new generic drugs and the ongoing antitrust talks for the merger with Walgreens Boots Alliance (WBA) squeezed sales and earnings for its fiscal 2017 third quarter. Rite Aid said Thursday that for the third quarter ended Nov. 26, sales dipped 0.8% to $8.
The Alliance for Safe Online Pharmacies (ASOP Global) has partnered with the American Medical Association (AMA), American Pharmacists Association (APhA) and 14 other national health care stakeholders to educate providers and patients about the surge in illegal online pharmacies and counterfeit medic
Americans continue to hold pharmacists in high regard, according to Gallup’s Honesty and Integrity survey. Of more than 1,000 U.S.
Walgreens Boots Alliance Inc. (WBA) and Rite Aid Corp. have entered into an agreement to sell 865 Rite Aid stores and certain assets related to store operations to Fred’s Inc. for $950 million.
Sensing change in the air, a group of pharmacy associations have called on the incoming Trump administration and congressional leaders to recognize the role that pharmacies play in the nation’s health care system.
H.D. Smith has rolled out VentureRx, a program to aid in the launch, sale or expansion of a pharmacy business.
CVS Health’s integrated pharmacy care model makes it a “partner of choice” in the health care arena, president and chief executive officer Larry Merlo said at the company’s annual Analyst Day event in Manhattan.
The Department of Health and Human Services (HHS) is giving pharmacies more flexibility to extend their reward and loyalty programs to beneficiaries in government programs such as Medicare and Medicaid, according to the National Association of Chain Drug Stores.
CVS Health plans to build a new distribution center in Kansas City, Mo., to serve CVS Pharmacy locations in the region.
McKesson Corp. has been given the green light from the Competition Bureau of Canada to finalize its $2.2 billion acquisition of drug chain Rexall Health.
In its latest retail clinic partnership, Walgreens is transitioning 17 Healthcare Clinics in South Florida to the University of Miami Health System (UHealth).
The National Community Pharmacists Association has entered a five-year agreement with digital health provider RxWiki Inc. NCPA said Tuesday that the pact extends an existing agreement with RxWiki and secures the association members’ benefits through 2021.
Early next year, CVS Health plans to launch a diabetes care program for its pharmacy benefit management (PBM) clients that provides clinical services and cost management solutions.
