September 22, 2011 by Chain Drug Review
Retail News
WASHINGTON — The use of generic prescription drugs saved U.S. consumers and the nation’s health care system $931 billion over the past decade, according to an analysis released by Generic Pharmaceutical Association (GPhA). The study, results of which were announced Wednesday, was conducted for GPhA by the IMS Institute for Healthcare Informatics and IMS Health
September 22, 2011 by Chain Drug Review
Retail News
CAMP HILL, Pa. — Rite Aid Corp. lowered its net loss for the fiscal 2012 second quarter, beating Wall Street’s forecast, as the drug store chain saw sales rise and expenses decline. Rite Aid said Thursday that for the 13 weeks ended Aug. 27, total sales edged up 1.8% to $6.27 billion from $6.16 billion
September 21, 2011 by Chain Drug Review
Retail News
CHICAGO — Walgreen Co. is testing a new store format around Chicago and 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 year’s end, Walgreens expects to wrap up conversions of 75 stores in the Indianapolis area that
September 21, 2011 by Chain Drug Review
Supplier News
IRVINE, Calif. — Allergan Inc. has teamed up with the National Headache Foundation and HealthyWomen to launch "Rewrite Your Day," a campaign to educate people about chronic migraine. Allergan said Wednesday that as part of the initiative, 15 people with chronic migraine will win a recreation of a special moment lost to their condition —
September 21, 2011 by Chain Drug Review
Retail News
DEERFIELD, Ill. — By the numbers, the last flu season took its toll on workers, parents and children in terms of lost workdays, lost wages and missed school days, among other effects, according to a new report from Walgreen Co. The drug store chain said Wednesday that the Walgreens Flu Impact Report, which surveyed 1,200
September 21, 2011 by Chain Drug Review
Retail News
CINCINNATI — CVS/pharmacy and Procter & Gamble Co. have set up a prototype aisle designed to make it easier for men to find and purchase grooming products. Dubbed the "guy aisle," the section has been launched inside CVS drug stores in Charlotte, N.C., and Tinley Park, Ill., P&G said Wednesday. The aisle includes products specifically
September 20, 2011 by Chain Drug Review
Retail News
WASHINGTON — At a congressional hearing, the chief executive officers of pharmacy benefit managers (PBMs) Express Scripts Inc. and Medco Health Solutions Inc. made the case for the companies’ merger deal, which retail and specialty pharmacy groups and others have called anticompetitive. Express Scripts chairman and CEO George Paz and Medco chairman and CEO David
September 20, 2011 by Chain Drug Review
Supplier News
ROCHESTER, N.Y. — PharmaSmart International Inc. has devised a Total Blood Pressure Management platform that the company said elevates the role of pharmacists in medication therapy management (MTM) and chronic disease management (CDM). The blood pressure screening system provider said Monday that the platform, demonstrated at the recent NACDS 2011 Pharmacy Services and Technology Conference, features
September 20, 2011 by Chain Drug Review
Supplier News
CINCINNATI — Procter & Gamble Co. has launched Crest & Oral-B Complete, a collection of toothpastes, toothbrushes and flosses designed to provide consumers with a turnkey oral care routine. P&G said Tuesday that the Crest & Oral-B Complete products address oral hygiene needs ranging from cavity protection and whitening to fresh breath and deep cleaning. The
September 20, 2011 by Chain Drug Review
Retail News
WASHINGTON — The American Pharmacists Association (APhA) has begun its annual campaign to alert consumers that their local retail drug store provides a convenient place to get their flu shot this season. APhA said Tuesday that more than 150,000 U.S. pharmacists have been trained in the practice of immunization administration, and pharmacists are authorized to
September 20, 2011 by Chain Drug Review
Retail News
CHICAGO — John Eisel, a former divisional vice president at Walgreen Co., has been named chief operating officer of InnerWorkings Inc., a global print management and promotional solutions firm. Chicago-based InnerWorkings said Tuesday that Eisel will be responsible for all day-to-day operations at the company, including sales, production and procurement. Previously, Eisel was divisional vice
September 20, 2011 by Chain Drug Review
Retail News
DUBLIN, Ohio — The Cardinal Health Foundation is providing new guidelines that help pharmacists and other health care providers host medication disposal days. Part of Cardinal Health’s ongoing effort to prevent prescription drug abuse, the new guidelines announced Tuesday include information on how to contact local partners, obtain necessary permits, and drive participation in medication
September 20, 2011 by Chain Drug Review
Retail News
WESTLAKE VILLAGE, Calif. — Independent pharmacy franchises, supermarkets and mass merchandisers topped traditional chain drug stores in terms of pharmacy customer satisfaction in the J.D. Power and Associates 2011 U.S. National Pharmacy Study. The J.D. Power pharmacy study, now in its fifth year, gauges customer satisfaction with brick-and-mortar pharmacies (including chain drug stores, supermarkets and mass
September 19, 2011 by Chain Drug Review
Supplier News
PARSIPPANY, N.J. — Watson Pharmaceuticals Inc. announced that Amphastar Pharmaceuticals Inc. has received Food and Drug Administration approval for enoxaparin sodium injection, a blood thinner, in strengths of 100mg/ml and 150mg/ml. Watson said Monday that according to the companies’ exclusive distribution agreement, Amphastar will supply enoxaparin sodium injection to Watson, which will market, sell and