The nation’s largest drug chain has joined with four supermarket retailers in suing Pfizer Inc. and Ranbaxy Laboratories Ltd. for allegedly scheming to delay the introduction of generic versions of Lipitor, Pfizer’s blockbuster cholesterol-lowering drug. Walgreen Co., Kroger Co., Safeway Inc.
The international expansion of a U.S. drug chain was a long time coming, but when it happened it happened with a bang. After no nonfranchised American pharmacy chain had ventured beyond Puerto Rico, Walgreen Co.
Shoppers Drug Mart Corp. will end up paying slightly less in its deal to acquire Paragon Pharmacies Ltd.
Generic drug introductions and the continuing contract impasse with Express Scripts Inc. took a toll on comparable-store sales in June at Walgreen Co., which reported a double-digit decline for the month. Walgreens said Thursday that overall same-store sales dropped 10% in June, compared with a 5.
Pharmacist Nick Dorich has joined the National Association of Chain Drug Stores as manager of pharmacy care and the NACDS Foundation as manager of foundation programs.
Comparable-store sales were down at Rite Aid Corp. in June, marking the drug chain’s first monthly decrease in more than a year. Rite Aid said Thursday that for the four weeks ended June 30, same-store sales declined 1% year over year. That was down from a 1.1% gain in May, and
Walgreen Co. has wasted no time in following up on its blockbuster deal with Alliance Boots. The nation’s largest drug chain on Thursday said it plans to acquire the USA Drug pharmacy chain, which operates 144 stores, mostly in the Mid-South, under the USA Drug, Super D Drug, May’s Drug, Med-X and
The U.S. Supreme Court’s complex decision to preserve the core components of the Affordable Care Act (ACA) health care reform law could impact community pharmacies that fill prescriptions covered by Medicaid.
The American Pharmacists Association (APhA) has begun accepting nominations for its practitioner awards and honors, which are administered by the APhA Academy of Pharmacy Practice and Management (APhA-APPM).
CVS Caremark Corp. and Cardinal Health Inc. have been honored with Best Employers for Healthy Lifestyles awards by the National Business Group on Health. Both companies announced this week that they were selected as Platinum winners for the annual award, now in its eighth year.
Pharmacy benefit managers (PBMs) SXC Health Solutions Corp. and Catalyst Health Solutions Inc. have completed their $4.4 billion merger deal.
The Center for Pharmacy Practice Accreditation (CPPA) is seeking review and comment on newly released draft standards for community pharmacy practice accreditation.
The Supreme Court’s ruling to let stand the major elements of the Patient Protection and Affordable Care Act (PPACA) health reform law drew fire from retail industry organizations.
Community pharmacy sales are still lagging those of other retail sectors in Canada, where provincial reforms are squeezing prescription drug business. According to Statistics Canada, pharmacy sales for the period to the end of February rose just 2.7%, despite an additional day during the month.
The American Pharmacists Association (APhA) aims to push ahead with efforts to gain full implementation of "pharmacy-friendly" provisions of the Affordable Care Act (ACA) following the Supreme Court’s decision to uphold the major components of the health care reform law.
CVS/pharmacy has revamped its year-old Beauty Board, a panel of beauty experts who provide interactive content and advice for fans of the CVS Beauty Club Facebook page.
