Clik here to view.
Jean Coutu in talks to be acquired by Metro
MONTREAL — The Jean Coutu Group is in advanced negotiations for a potential acquisition by food and drug retailer Metro Inc. Jean Coutu and Metro confirmed the discussions noontime on Wednesday after...
View ArticleClik here to view.
Kermit Crawford named Rite Aid president, COO
CAMP HILL, Pa. — Former Walgreen Co. pharmacy chief Kermit Crawford is joining Rite Aid Corp. as president and chief operating officer. Rite Aid said Thursday that Crawford is slated to start in the...
View ArticleClik here to view.
AARP: Specialty drug retail pricing escalates
WASHINGTON — Retail prices for specialty drugs widely used by older Americans has surged, while pricing for generic drugs has dipped despite sharp hikes for some medications, according to a pair of...
View ArticleClik here to view.
Rite Aid posts mixed results in second quarter
CAMP HILL, Pa. — Rite Aid Corp. reported declined sales and adjusted earnings per share in line with Wall Street’s forecast for its fiscal 2018 second quarter. Rite Aid said Thursday that for the...
View ArticleClik here to view.
Metro, Jean Coutu strike deal to merge
MONTREAL — Just days after confirming talks about a potential deal, Metro Inc. and the Jean Coutu Group have agreed to merge. The companies said Monday that Metro plans to acquire Jean Coutu Group for...
View ArticleClik here to view.
AllianceRx Walgreens Prime brand makes debut
AllianceRx Walgreens Prime CEO Joel Wright unveils the new company’s brand at its headquarters in Orlando, Fla. ORLANDO, Fla. — Walgreens and Prime Therapeutics LLC have inaugurated AllianceRx...
View ArticleClik here to view.
CVS simplifies patient Rxs with ScriptPath
The CVS ScriptPath prescription vial labels have color-coded icons to show the time of day to take medications. WOONSOCKET, R.I. — CVS Pharmacy aims to improve medication adherence with the rollout of...
View ArticleClik here to view.
Drug chains contribute to Hurricane Maria relief
NEW YORK — Chain drug retailers have stepped forward with donations and other aid for relief efforts on Puerto Rico, which is still reeling from the infrastructural damage wrought by Hurricane Maria....
View ArticleClik here to view.
Pharmasave clinical trial targets diabetes
VANCOUVER, British Columbia — In line with efforts in Canada to expand pharmacists’ health care role, a number of Pharmasave stores in British Columbia are piloting a clinical program to help diabetes...
View ArticleClik here to view.
Walmart eyes bigger piece of online sales pie
BENTONVILLE, Ark. — Walmart expects that its U.S. online sales will grow 40% in its next fiscal year, which starts on Feb. 1. Doug McMillon That forecast came ahead of the annual Walmart analysts...
View ArticleClik here to view.
Pfizer mulls possible sale of consumer health unit
NEW YORK — Pfizer Inc. is assessing strategic options for its Pfizer Consumer Healthcare subsidiary, including a potential sale. The pharmaceutical giant said this week that it’s considering “a full or...
View ArticleClik here to view.
Jean Coutu Group tallies 2Q sales gains
VARENNES, Quebec — Retail and corporate sales climbed at Jean Coutu Group in the fiscal 2018 second quarter, the first reporting period since its $4.5 billion (Canadian) deal to be acquired by Metro...
View ArticleClik here to view.
CVS brings deeper insight to Rx decision making
WOONSOCKET, R.I. — CVS Health has adopted the Epic Healthy Planet population health and analytics platform to gain insights on dispensing patterns and medication adherence behavior. CVS said Monday...
View ArticleClik here to view.
Senate hearing scrutinizes prescription drug costs
WASHINGTON — Pharmacy benefit managers are a key focus of debate about elevated drug pricing that has come before a U.S. Senate committee. The National Community Pharmacists Association (NCPA) and the...
View ArticleClik here to view.
CVS Health to support new Anthem PBM
WOONSOCKET, R.I. — CVS Health has signed a five-year agreement to provide services to support IngenioRx, a new pharmacy benefit manager formed by Blue Cross Blue Shield health insurer Anthem Inc. CVS...
View ArticleClik here to view.
Publix proceeds with innovative care partnership
LAKELAND, Fla. — Publix Pharmacy has in place the first piece of a three-pronged partnership with BayCare Health System, which serves the Tampa Bay and central Florida region. Publix Super Markets Inc....
View ArticleRep. Tom Suozzi visits N.Y. specialty pharmacy
GREAT NECK, N.Y. — Rep. Tom Suozzi (D., N.Y.) gauged cost dynamics of the specialty pharmacy market in a tour of oncology pharmacy Onco360 here with members of the National Association of Specialty...
View ArticleClik here to view.
Retail Rx gets out ahead of Amazon
Speculation about the possible entry of Amazon into the prescription drug business has been abundant in recent weeks. Financial analysts and journalists have generated a steady stream of reports about...
View ArticleClik here to view.
McKesson U.S. Pharmaceutical president to depart
ST. PAUL, Minn. — McKesson U.S. Pharmaceutical president Mark Walchirk is leaving the company to become president and chief executive officer of Patterson Companies Inc., a distributor serving the...
View ArticleClik here to view.
WBA’s Q4 earnings top analysts’ forecast
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) beat Wall Street’s adjusted earnings per share forecast for its 2017 fourth quarter and fiscal year, with pharmacy results helping boost sales for both...
View Article
