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NACDS applauds Obama for signing DME legislation

NACDS applauds Obama for signing DME legislation

The National Association of Chain Drug Stores commended President Barack Obama for signing into law legislation that extends the accreditation requirement for pharmacies to provide durable medical equipment (DME) under Medicare. Under the law, bill H.R. 3663, introduced by Reps. Zach Space (D.

Pfizer wraps up Wyeth acquisition

Pfizer Inc. said Thursday that it has completed its acquisition of Wyeth. The pharmaceutical company announced Wednesday that it had received clearance from the U.S. Federal Trade Commission and the Canadian Competition Bureau to close the transaction.

Walgreens doubles size of stock buyback plan

Walgreens doubles size of stock buyback plan

Walgreen Co. has unveiled a new $2 billion share repurchase program, twice the size of its existing plan. The drug store chain said Thursday that its board of directors has authorized the new program, which expires at the end of 2013 and replaces the previous $1 billion plan that was due to

Walmart.com to offer H&BAs

Wal-Mart Stores Inc. has begun selling a wide assortment of H&BAs and personal care products online. Thousands of top-selling nationally branded items have been added to Walmart.com’s selection. The shipping fee is 97 cents per item.