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WOONSOCKET, R.I. — Following three pilots launched in the spring, CVS Pharmacy is rolling out its CVS Curbside Pickup service to more than 4,000 stores. Plans call for the free service, accessed via the CVS Pharmacy app or CVS.com, to go live on Monday in 40 major markets nationwide, including many stores in Boston, New
CAMP HILL, Pa. — Despite an uptick in total sales, lower drug reimbursement rates and script count trimmed profits at Rite Aid Corp. for its fiscal 2017 second quarter. Rite Aid also said Thursday that it continues to expect its acquisition by Walgreens Boots Alliance (WBA) Inc., a $17.2 billion deal announced Oct. 27, to
DEERFIELD, Ill. — Walgreens has launched an online skin care platform that includes a telehealth service for dermatological conditions. Available via Walgreens.com and the Walgreens mobile app, the skin care platform provides informational resources and extended skin care services, including the DermatologistOnCall teledermatology service through Iagnosis, which offers online dermatology consultations with U.S.-based, board-certified specialists.
DEERFIELD, Ill. — Walgreens and EnvisionRx are launching a new prescription drug program called Rx90 that is designed to give patients with chronic conditions more flexibility in getting their maintenance medications. The program allows patients to fill 90-day prescriptions at any of the nearly 8,200 Walgreens pharmacies nationwide, for the same price they would pay
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) said it’s working on store divestiture scenarios with the Federal Trade Commission to gain clearance for its $17.2 billion deal to acquire Rite Aid Corp. WBA said Thursday that it and Rite Aid “remain actively engaged” in talks with the FTC as the regulator reviews the acquisition, which
BENTONVILLE, Ark. — Walmart’s health and wellness division is poised to play a prominent part in the discounter’s ambitious drive to reinvent retail for an era when brick-and-mortar stores coexist with e-commerce. Pharmacy, over-the-counter medications and vision care currently account for about 10% of Walmart’s U.S. sales. By deepening the penetration of these products and
SILVER SPRING, Md. — Citing dangers from combined use, the Food and Drug Administration is requiring classwide changes to labeling for opioid analgesics, prescription opioid cough products and benzodiazepines, a group of central nervous system depressant drugs. The FDA said Wednesday that the changes mandate boxed warnings — the agency’s strongest warning — and patient
MEMPHIS, Tenn. — Fred’s Inc. president and chief operating officer Michael Bloom has been named as chief executive officer, succeeding Jerry Shore, who is retiring. Bloom takes the CEO reins effective immediately, and plans call for Shore to retire from the company in February, Fred’s said Tuesday. “I am honored and humbled to be given
DEERFIELD, Ill., and ST. PAUL, Minn. — Walgreens has entered into a long-term alliance with Prime Therapeutics, the nation’s fourth-largest pharmacy benefit manager, that will include the creation of a joint pharmacy services company. Under the partnership, Walgreens and Prime will combine their central specialty pharmacy and mail service businesses, the companies said Monday. The
DEERFIELD, Ill. — Walgreens Boots Alliance Inc. said on Friday that it had agreed with AmerisourceBergen Corp. to amend the second tranche of warrants held by WBA to purchase AmerisourceBergen common stock to allow immediate exercise of the warrants, giving WBA nearly 24% of AmerisourceBergen’s outstanding equity. The warrants were originally scheduled to be exercisable
BRAMPTON, Ontario — Loblaw Cos. has agreed to acquire Canadian health care technology company QHR for $170 million. QHR is a leader in the electronic medical records (EMR) market, providing software for health care providers and patients. Loblaw will buy QHR’s outstanding common shares for $3.10 in cash per share, a 29% premium to the
CAMP HILL, Pa. — Rite Aid Corp.’s RediClinic has formed a joint venture with New Jersey health system Hackensack Meridian Health to open co-branded retail clinics. Plans call for the first of 10 clinics to start opening later this year, RediClinic said Tuesday. The walk-in clinics will be called Hackensack Meridian Health RediClinics and be
DEERFIELD, Ill. — Walgreens has integrated its Balance Rewards customer loyalty program with Google’s Android Pay mobile payment platform. The drug chain said Monday that Balance Rewards members using Android smartphone and mobile devices can now earn and use loyalty points without having to separately scan or enter their Balance Rewards card at checkout at
MEMPHIS, Tenn. — Timothy Liebmann has been promoted to chief operating officer of pharmacy, a newly created position, at Fred’s Inc. Fred’s said late Thursday that Liebmann succeeds Rick Chambers, executive vice president of pharmacy operations, who is retiring. Liebmann joined Fred’s in June as vice president of pharmacy services. “We are indeed grateful to
