Trade pact may hoist Rx costs in Canada
Canada could face higher prescription drug costs depending on the outcome of trade talks with the European Union, which may bring changes to the nation’s drug patent system.
Retail News
Merlo: NACDS is now ‘winning consistently’
Hailing a string of public policy victories, National Association of Chain Drug Stores chairman Larry Merlo said NACDS has evolved from a group that "knows how to win" into one that "is winning consistently." In remarks on Monday at the NACDS Regional Chain Conference in Naples, Fla.
Navarro wholesale subsidiary makes acquisition
Magellan Distribution Solutions LLC, a wholesale and export subsidiary of Navarro Discount Pharmacy, has acquired the assets of Buxco Inc. of Miami.
NACDS Foundation patient care database doubles
The National Association of Chain Drug Stores Foundation said its patient care database has more than doubled in size since going live about a year ago.
Tennessee considers e-tracking of pseudoephedrine sales
Tennessee lawmakers have introduced legislation calling for the state to adopt an electronic tracking system to monitor purchases of over-the-counter medicines containing pseudoephedrine. The Tennessee General Assembly late last week said the bills from state Sen. Mae Beavers (S.B.
HHS chief to states: Generics can cut Medicaid costs
Kathleen Sebelius, secretary of the U.S. Department of Health and Human Services, has pitched the value of generic drugs as one way for states to help rein in escalating Medicaid expenditures.
Walgreens provides whooping cough shots in Colorado
Walgreen Co. has begun providing pertussis immunizations at all of its Colorado stores in response to a spike in the number of reported cases of whooping cough. Walgreens said Thursday that its 150-plus drug stores in Colorado will offer whooping cough vaccinations daily on a walk-in basis.
Sam’s Club serves up heart health checkups
This month, Sam’s Club is offering free heart health screenings through its warehouse club pharmacies nationwide. The Walmart subsidiary said Friday that Sam’s Club members and guests can participate in the free heart health screenings throughout February, which is American Heart Month.
NCPDP marks year of milestones
Against the backdrop of the implementation of health care reform, the National Council for Prescription Drug Programs (NCPDP) highlighted its key achievements in 2010.
New MTM legislation hailed by NACDS, NCPA
Applauding an advance on a key policy front for retail pharmacy, the National Association of Chain Drug Stores and the National Community Pharmacists Association have endorsed the Medication Therapy Management Empowerment Act of 2011.
‘Beauty Within’ site goes live on Walgreens.com
Walgreen Co. has launched an interactive web site for beauty care that aims to help visitors find real solutions to makeup, hair and fashion issues. Dubbed "Beauty Within," the new site — located at Walgreens.
Researcher sizes up impact of drug ‘patent cliff’
Thirteen blockbuster prescription drugs in the United States will lose patent protection over the next two years, highlighting the financial challenges looming over the pharmaceutical industry, according to data from EvaluatePharma.
NACDS Foundation unveils Rx residency application process
The National Association of Chain Drug Stores Foundation has announced the grant application, review and approval process for the Community Pharmacy Residency Expansion Project (Community PREP). Now accepting applications from eligible entities, Community PREP seeks to contribute $1.
GPhA hires former NCPA exec to lead government affairs
John Coster has joined the Generic Pharmaceutical Association (GPhA) as senior vice president of government affairs.
Walgreens begins 2011 with strong same-store gain
Double-digit total revenue growth in the front end and the pharmacy drove a robust same-store sales gain at Walgreen Co. in January, with the monthly increase reaching a level that the drug store chain had not seen in over a year.
Sales, earnings falter in 4Q at CVS Caremark
CVS Caremark Corp. saw revenue and profit fall for its fiscal 2010 fourth quarter and full year as a weak performance by its pharmacy benefit management business dragged down overall results.