The National Association of Chain Drug Stores has sent a letter to Donald Berwick, the newly appointed administrator of the Centers for Medicare and Medicaid Services (CMS), to urge continued collaboration with community pharmacy on issues that improve the quality of the nation’s health care while m
Duane Reade has unveiled its largest drug store to date, in Manhattan’s Union Square, and has made the location its flagship store. The metropolitan New York pharmacy chain, now part of Walgreen Co.
Loblaw Cos. has launched a smaller pharmacy format that it said provides more flexibility in deploying pharmacies inside its supermarkets. The Canadian food and drug retailer said Wednesday that it opened its first small-model in-store pharmacy at a nofrills store in Ontario.
Health information technology (HIT) solutions such as electronic prescribing and electronic medication records are vital to helping patients take their medications correctly, the National Association of Chain Drug Stores said in a statement submitted to Congress.
BioScrip Inc. and Access Pharmaceuticals Inc. have entered a specialty distribution agreement for Access’ lead product, MuGard.
Food and drug retailing veteran David Janowicz has been appointed vice president of merchandising at Pharmaca Integrative Pharmacy Inc. The western regional drug store chain said Monday that Janowicz will play a critical role in upcoming merchandising initiatives.
The Food and Drug Administration has issued an alert that certain Advair Diskus inhalers stolen from a distribution warehouse last year have been found in some pharmacies. According to the FDA, the safety and effectiveness of the stolen inhalers can’t be assured and therefore they shouldn’t be used.
Legislation that enables pharmacists to administer medication therapy management (MTM) services to patients in Louisiana has drawn praise from the National Association of Chain Drug Stores. Signed into law on June 25 by Louisiana Gov. Bobby Jindal (D.), the bill was introduced by State Rep.
Health care reform is being viewed more favorably following the Obama administration’s rollout of multiple regulations laying the groundwork for the law’s implementation.
The economy may be in for a positive jolt if back-to-school spending rises by the 16% predicted by the National Retail Federation (NRF). The NRF, citing consumers surveyed by BIGResearch, said families with students plan to spend about $55.1 billion, compared with $47.5 billion a year earlier.
Pharmaprix stores will make their debit card readers more accessible to disabled customers, under an agreement with the Quebec Human Rights Commission. Pharmaprix, operated by Toronto-based Shoppers Drug Mart Corp.
Walgreen Co. has increased its quarterly dividend 27.3% to 17.5 cents per share from 13.75 cents per share. The dividend is payable September 11 to shareholders of record August 19. The dividend increase raises the annual rate from 55 cents per share to 70 cents per share.
Former CVS Caremark Corp. chairman Mac Crawford and Wilbur Ross Jr. of WL Ross & Co. are forming a joint venture to invest in and restructure health care companies. The partnership could spend more than $1 billion to "build a major position in health care," Ross said.
Retail sales slipped in June for the second consecutive month, fueling fears that the economy’s turnaround will lose steam over the remainder of the year. Sales dipped 0.5% in June, the Commerce Department reported today. The decline came on the heels of a 1.1% drop in May.
Pharmaceutical industry veteran Dick Domann has been named vice president of sales and business development for the Kerr Health unit of Kerr Drug. "Dick’s immense pharmaceutical background makes him a wonderful addition to our team,” said Kerr chief executive officer Tony Civello.
The provincial government will cut generic drug prices by reducing rebates manufacturers pay to pharmacies, including British Columbia-based London Drugs and Pharmasave.
