Wendy future of retail top

Sam’s Club to hold women’s health screenings

BENTONVILLE, Ark. — Sam’s Club next week is offering free women’s health checkups in support of Breast Cancer Awareness Month. The Walmart warehouse club subsidiary said Tuesday that on Oct. 8 all of its pharmacy locations, which number more than 500, will hold free thyroid health tests for members and nonmembers from 11 a.m. to 3

‘Risky trade-offs’ in Rx use, Consumer Reports poll finds

YONKERS, N.Y. — Financially pressured Americans are making tradeoffs with prescription drugs that could be dangerous to their health, according to a survey by Consumer Reports. The consumer advocacy firm said Tuesday that its annual prescription drug poll found that 48% of Americans said they would cut health care costs, for example, by putting off a

Lannett to ship Loxitane generic

PHILADELPHIA — Lannett Co. has received approval from the Food and Drug Administration for loxapine capsules, an anti-psychotic medication. The generic pharmaceutical company said Tuesday that the loxapine capsules will be available in strengths of 5 mg, 10 mg, 25 mg and 50 mg.  According to Lannett, the product is therapeutically equivalent to the reference listed

Safe medicine cap employs combination lock

LINCOLN, Calif. — Cap-N-Lock LLC has announced The Locking Cap, a combination locking cap designed to work with current prescription medication bottles. The Locking Cap features a four-digit locking mechanism. The company said Monday that The Locking Cap allows parents and prescription holders to safely secure and store dangerous medications in a small, convenient and more portable

Vicks kicks off NFL fan contest

CINCINNATI — With the National Football League season now under way, Procter & Gamble’s Vicks NyQuil and DayQuil cold/cough/flu medicine brands have launched their "Most Dedicated Fan" contest on Facebook. P&G said Monday that the social media contest will reward the NFL fan who "doesn’t miss a moment of the NFL season, despite a losing

AmerisourceBergen to buy TheraCom from CVS Caremark

VALLEY FORGE, Pa. — AmerisourceBergen Corp. has entered an agreement to purchase TheraCom, a subsidiary of CVS Caremark Corp. AmerisourceBergen said Tuesday that the $250 million deal is slated to close in its fiscal 2012 first quarter, which ends Dec. 31. The pharmaceutical distributor noted that TheraCom is a leading provider of commercialization support services

Walgreens turns in gains for 4Q, full year

DEERFIELD, Ill. — Walgreen Co. reported robust revenue and earnings increases for its fiscal 2011 fourth quarter and full year, with adjusted net income exceeding Wall Street’s forecast. Walgreens said Tuesday that for the fourth quarter ended Aug. 31, total sales rose 6.5% $17.97 billion from $16.87 billion a year earlier. Same-store sales climbed 4.4%

CVS Caremark’s Bloom named Family Dollar COO

CVS Caremark’s Bloom named Family Dollar COO

MATTHEWS, N.C. — Family Dollar Stores Inc. has appointed Mike Bloom, the top merchandising and supply chain executive at CVS Caremark Corp., as president and chief operating officer. The deep discount store chain said Tuesday that Bloom’s hiring comes with the announcement that current president and COO R. James Kelly is retiring after 15 years

Walmart, Argus partner on preferred Rx network

KANSAS CITY, Mo. — Walmart and Argus Health Systems Inc. have entered a preferred pharmacy network arrangement. Argus said Thursday that the preferred network approach coordinates efforts by the pharmacy benefits administrator and Walmart to provide the lowest prescription benefit cost to Argus customers. The Argus-Walmart arrangement can be used for commercial, Medicaid and Medicare

NCPA: Community pharmacies drive generics use

NCPA: Community pharmacies drive generics use

ALEXANDRIA, Va. — With generic drugs in the national spotlight as a cost-saver for the health care system, the National Community Pharmacists Association is noting that its members are a core provider of these affordable medications. NCPA said Thursday that the generic medication dispensing rate of independent community pharmacies hit an all-time high of 72%

Walgreens tries out new ideas

OAK PARK, Ill. — A new store concept from Walgreen Co. brings the future of pharmacy into the present. At 17 locations in the Chicago area Walgreens is piloting a format that transforms the traditional drug store pharmacy department into a neighborhood health center — in both practice and design. On an industry level, the

Indianapolis to become retail lab for Walgreens

DEERFIELD, Ill. — Walgreens plans a major store pilot in Indianapolis as it experiments with various concepts in transitioning its drug stores into “health and daily living” stores. By the end of this year the drug chain expects to finish conversions of 75 stores in the Indianapolis area that will reflect its new, community-driven approach

Giancamilli to step down as Katz CEO

MISSISSAUGA, Ontario — Andy Giancamilli, who for the past eight years has kept Katz Group Canada Ltd. in the forefront of efforts to secure a bigger role in health care for community pharmacy, will retire as the company’s chief executive officer on February 2. He will be succeeded by chief operating officer Frank Scorpiniti, who

FTC will take close look at big PBM merger

WASHINGTON — The Federal Trade Commission’s request for more information on the planned merger of Express Scripts Inc. and Medco Health Solutions Inc. has opponents hoping the deal will be scuttled. Express Scripts says it expected the FTC’s request, and both companies have vowed to work with the agency. Express Scripts and Medco say they

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