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Walgreens division president Rosenbluth to retire

DEERFIELD, Ill. — Hal Rosenbluth has announced his retirement as president of Walgreen Co.’s health and wellness division effective in April, but he plans to continue with the company as a senior consultant for health care services. Rosenbluth was a cofounder of Take Care Health Systems, which was acquired by Walgreens in 2007. Before that,

Obama shows flexibility on health care reform

WASHINGTON — In a proposal that could appease some critics of federal health care reform, President Obama says he will support moving up the timetable in which states may opt out of the law. Speaking before the National Governors Association, the president said that he would approve allowing states to opt out of the Affordable

Top two drug chains push private label

NEW YORK — The nation’s two largest drug store chains — Walgreen Co. and CVS Caremark Corp. — are ramping up their efforts to drive private label sales. Walgreens has launched its first national ad campaign for its store brand H&BAs, while CVS/pharmacy has debuted nearly 100 household essentials under the Just the Basics private

Drugstore.com sees ample opportunity

BELLEVUE, Wash. — Drugstore.com says the proliferation of mobile applications and social media will help its sales climb to at least $750 million by 2013. The online retailer, which also operates the sites beauty.com, skinstore.com and visiondirect.com, has continually posted strong and growing sales numbers, but it has yet to report an annual profit. Executives

FDA is pulling some 500 Rxs off market

WASHINGTON — The Food and Drug Administration vows to remove about 500 unapproved cold and allergy medications from the market as part of an ongoing crackdown on ineffective prescription drugs. Although the agency requires companies to submit all new prescription drugs for scientific review before they are launched, thousands of drugs predate the FDA’s drug

CVS kicks off To Your Health

WOONSOCKET, R.I. — To help Americans determine their risk for chronic diseases and get them on a path to better health, CVS/pharmacy has rolled out the 2011 “To Your Health” program, offering free preventive health screenings at more than 800 events nationwide. The program launched in Miami and Texas this month and continues in Los

NACDS becomes ‘association that knows how to win’

NAPLES, Fla. — Medication adherence and pharmacy reimbursement are two issues that go hand in hand, Steve Anderson, president and chief executive officer of the National Association of Chain Drug Stores, told attendees in an address at the NACDS Regional Chain Conference here earlier this month. Pharmacies can cut health care costs and improve health

Congress reconsiders 1099 reporting requirement

WASHINGTON — The so-called 1099 mandate in the health care reform law could hinder pharmacists, the National Association of Chain Drug Stores has warned Congress. The requirement for companies to issue 1099 tax forms to any vendor with which they do $600 or more in business will force pharmacies “to spend inordinate amounts of time

Walgreens bolsters Rx buying, supply chain team

DEERFIELD, Ill. — Walgreen Co. has strengthened its pharmacy purchasing and pharmacy supply chain team through promotions and the addition of new executives. Frank DeStefano has been promoted to group vice president of pharmacy purchasing and supply chain. A 19-year veteran of Walgreens, DeStefano has led the pharmacy purchasing department since April 2004. He is

Bill seeks to expand MTM under Medicare

WASHINGTON — Community pharmacy advocates and drug store chains are praising the recent introduction of a bill that aims to expand the number of Medicare patients who would be eligible for medication therapy management (MTM) services. They say that the Medication Therapy Management Empowerment Act of 2011, which was introduced by Sen. Kay Hagan (D.,

Obama’s budget good news for FDA

WASHINGTON — President Barack Obama’s budget would boost spending by the Food and Drug Administration while cutting funding for the Department of Health and Human Services for the first time in the agency’s 30-year history. The FDA would get a 33% increase, or about $1 billion in added funding in fiscal 2012. More than half

Walgreens debuts ‘Beauty Within’ site

DEERFIELD, Ill. — Walgreen Co. has entered the digital beauty space with an interactive web site aimed at finding solutions to makeup, hair and fashion dilemmas. Walgreens.com/BeautyWithin offers step-by-step advice from beauty care pros on how to achieve the ideal skin, hair and makeup look. Visitors to Beauty Within will find new video episodes highlighting

Davis gets new role at Walmart

BENTONVILLE, Ark. — Cindy Davis has been designated executive vice president of global consumer insights at Walmart. She will be responsible for helping both Walmart and Sam’s Club understand broad consumer trends, providing insight into customers’ needs around the world and creating advanced analytical tools to support the business. Davis reports to Brian Cornell, president

Drug chains ready with shingles vaccine

NEW YORK — A month after the Centers for Disease Control and Prevention (CDC) recommended that most Americans over age 60 get vaccinated to prevent shingles, the vaccine was in short supply. Still, some chain drug retailers have reported that they have ample doses for patients wanting the onetime vaccine — Merck & Co.’s Zostavax.

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