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Inside This Issue - News
Regional drug chains that fill the right niche can not only survive, but thrive. With the number of influenza cases reaching epidemic levels in many parts of the country, drug chains across the nation have been working to keep their stores supplied with flu vaccine to meet the surging demand for vaccinations. Cheryl Mahoney has been named vice president of retail merchandising and promotion and business development at CVS/pharmacy. Costco Wholesale Corp. is raising the profile of its in-house pharmacy benefits manager, Costco Health Solutions, with a new offering to businesses, including non-Costco members. Two members of the chain drug industry passed away on the same day in January. Each was very different from the other, yet they were tied together by virtue of their intimate participation in the halcyon years of chain drug retailing. A government plan to cut prices on commonly used generic drugs has pharmacy operators across Canada worried about the potential impact on their businesses. Rexall has launched Be.better, a new flagship private brand with products focused on well-being and “green” living. States have been granted additional time to establish markets through which millions of Americans are expected to buy subsidized private health insurance. Former Secretary of Defense Robert Gates will deliver the keynote address at the National Association of Chain Drug Stores Annual Meeting, which is to be held April 20 to April 23 in Palm Beach, Fla. Continuing to stretch the bounds of retail pharmacy, Walgreen Co. has opened one of the country’s most comprehensive work-site health centers.
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