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Inside This Issue - News
There is no one architect behind the merger of Walgreen Co. and Alliance Boots. But if there were, it would be Stefano Pessina. The agreement that put Walgreen Co. and Alliance Boots on the road to an eventual merger had its origin in a global tour of innovative retailing formats undertaken by Walgreens’ management team. Walgreen Co. has reconfigured its management team to help it better handle its new status as a global company. The rewards war is on. On the heels of Walgreen Co.’s launch of the Balance Rewards customer loyalty program, CVS/pharmacy has stepped up its ExtraCare rewards. The move by CVS also comes as Rite Aid Corp. enhances its wellness+ program. Mark Walchirk has been named president of McKesson U.S. Pharmaceutical, the largest operating unit of McKesson Corp. McKesson Corp.’s Health Mart franchised drug chain has named former Medco Health Solutions executive Stephen Courtman as its new president. Patient satisfaction with mail-order pharmacies continues to decline, according to the latest survey by J.D. Power and Associates. Overall satisfaction with brick-and-mortar pharmacies, meanwhile, has held steady. Rite Aid Corp. has entered a multiyear partnership with Valassis to develop and execute in-store marketing and media programs. Uniprix is celebrating its 35th year in business with a series of promotions, including a first-of-its-kind panoramic insert and a special anniversary magazine. CVS Caremark Corp. has named Thomas Moriarty executive vice president and general counsel. Perspectives on the financial future of the pharmaceutical industry, an examination of trends that are impacting clinical decisions and a discussion about the effects of health care reform were among topics addressed at AmerisourceBergen Corp.’s ThinkLive Manufacturer Summit that was held here last month. The newfound assertiveness of the pharmacy industry is peaking with the imminence of the presidential election. Walmart is partnering with health insurer Humana to encourage people to eat better by offering savings on healthful food. Retired Gen. Colin Powell, former U.S. secretary of state and former chairman of the joint chiefs of staff, is scheduled to serve as keynote speaker for the 2012 NACDS Foundation Dinner.
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