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Obama signing of drug disposal bill hailed by NACDS

The National Association of Chain Drug Stores said community pharmacies and their patients scored a victory with President Barack Obama’s signing of the Secure and Responsible Drug Disposal Act. NACDS said Thursday that the bill (S.

CVS Caremark looks ahead to growth

CVS Caremark looks ahead to growth

CVS Caremark Corp. executives told those attending its annual Analyst Day meeting that the company has a bright future, despite warning that earnings and sales growth next year could fall below long-term goals.

Navarro enlists indoor billboard ad firm

Navarro Discount Pharmacy has tapped StoreBoard Media to help expand its retail advertising network. The regional drug chain said Thursday that StoreBoard Media is the nation’s largest in-store billboard network, delivering 1.2 billion gross impressions every month.

Walgreens OKs $1 billion stock buyback plan

The Walgreen Co. board of directors has authorized a new $1 billion share repurchase program and increased its quarterly dividend. The drug store chain said Wednesday that the new buyback program is slated to expire at the end of 2012.

NCPDP gets recommendation under health care reform

Under the new health care reform law, the National Committee on Vital Health Statistics (NCVHS) has recommended the National Council for Prescription Drug Programs (NCPDP) to be formally named as an operating rules entity for retail pharmacy-related eligibility transactions.

Meijer ramps up flu shot program

Meijer Inc. has expanded its pharmacy services to include on-demand flu shots at all 196 of its stores. The supercenter retailer said Tuesday that to prepare for the bigger program, it trained more than 600 pharmacists to administer the flu vaccinations.

More Rite Aid, Save-A-Lot co-branded stores open

More Rite Aid, Save-A-Lot co-branded stores open

Rite Aid Corp. said five more stores co-branded Save-A-Lot Food Stores/Rite Aid Pharmacy have opened in Greenville, S.C. The drug store chain said Monday that the openings follow the Sept. 27 debut of the first co-branded Save-A-Lot/Rite Aid Pharmacy in Easley, S.C.

Rx school diversity efforts get donation from Walgreens

Walgreen Co. plans to donate a total of $1.1 million to pharmacy schools across the country to help advance diversity. The drug store chain said that more than 100 pharmacy school programs nationwide each will receive $10,000 for diversity initiatives.

NCPA to CMS: Follow health reform law with new AMP formula

The Centers for Medicare and Medicaid Services (CMS) should closely follow congressional guidance included in the health care reform law as the agency implements a new formula for Medicaid generic drug reimbursement based on average manufacturer price (AMP), according to the National Community Pharm