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2017

Walgreens rebranding embraces old, new

Walgreens rebranding embraces old, new

In an era when brand image all too often oversells what it is supposed to represent, Walgreens finds itself in the enviable position of updating its identity to better reflect its very real merits and the combination of continuity and change that characterizes the drug chain. The first public step in the process occurred early

Senate tax reform bill may doom ACA’s individual mandate

Senate tax reform bill may doom ACA’s individual mandate

WASHINGTON — The Senate’s repeal of the Affordable Care Act (ACA) individual mandate as part of its sweeping tax reform bill has likely spelled doom for the provision, which required people who didn’t obtain health insurance to pay a tax penalty. Sen. John Barrasso (R., Wyo.) said the 51-49 vote passing the Senate tax reform

APhA teams with Kroger, Solera to prevent diabetes

APhA teams with Kroger, Solera to prevent diabetes

WASHINGTON — The American Pharmacists Association (APhA) Foundation has partnered with The Kroger Co. and Solera Health for a program to help reduce the incidence of diabetes through community pharmacies. Under the project, called “Project IMPACT: Diabetes Prevention,” the APhA Foundation was selected by the Centers for Disease Control and Prevention (CDC) to build infrastructure

WBA to buy stake in China’s GuoDa drug chain

WBA to buy stake in China’s GuoDa drug chain

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) plans to pay about $416 million to acquire a 40% stake in Sinopharm Holding GuoDa Drug Store Co. WBA confirmed the deal on Monday. GuoDa is the largest retail pharmacy operator in China, with nearly 3,700 stores. With stores in 70 major cities across the country, GuoDa is

Canada plans changes to drug pricing rules

Canada plans changes to drug pricing rules

OTTAWA — The Canadian government is stepping up efforts to rein in the cost of prescription drugs. At the start of this month, Canada proposed the first major update to the Patented Medicines Regulations in more than 20 years. The regulations, along with the Patent Act, set guidelines for determining if the price of a

Walgreens redefines its brand identity

Walgreens redefines its brand identity

DEERFIELD, Ill. — As part of a brand repositioning, Walgreens is changing its tagline to “Trusted Since 1901” to emphasize its long heritage of serving customers. Walgreens said Friday that the new slogan, which will replace “At the Corner of Happy and Healthy,” will make its debut in a 30-second television commercial that will air

Kaufmann named Cardinal CEO, succeeding Barrett

Kaufmann named Cardinal CEO, succeeding Barrett

DUBLIN, Ohio — Mike Kauf­mann has been named chief executive officer of Cardinal Health Inc., effective January 1. The 54-year-old Kaufmann, Cardinal’s chief financial officer, will succeed George Barrett. Barrett, 62, the company’s chairman and CEO since 2009, will serve as executive chairman through the annual shareholders meeting next November. Lead independent director Gregory Kenny

Ashworth promoted by WBA

Ashworth promoted by WBA

DEERFIELD, Ill. — Walgreens Boots Alliance Inc. (WBA) has promoted Richard Ashworth to president of operations at Walgreens, a newly created ­position. With the move, Ashworth adds responsibilities in the health care commercial, IT and supply chain areas at Walgreens in addition to the duties in his previous position as president of pharmacy and retail

NACDS: Pharmacy can be major player in opioid crisis

BALTIMORE — Pharmacy can be key to thwarting opioid abuse, National Association of Chain Drug Stores president and chief executive officer Steve Anderson told a government summit on the opioid crisis. “Advancing the health and safety of patients, families, communities and the nation remains the priority of pharmacies, and confronting the opioid abuse epidemic is

CVS to offer next-day prescription delivery

WOONSOCKET, R.I. — CVS Pharmacy will launch next-day prescription delivery nationwide in early 2018. As part of the CVS next-day prescription delivery rollout, same-day delivery will be available in selected cities, with the service beginning in New York next month. “Our goal is to meet the needs of all of our customers wherever, however and

McKesson buys RxCrossroads

SAN FRANCISCO — McKesson Corp. has agreed to buy RxCrossroads, a provider of tailored services to pharmaceutical and biotechnology manufacturers, from CVS Health. The deal, expected to close early next year, is valued at $735 million, or about $635 million net of the present value of incremental cash tax benefits. It will be funded by

Kmart offers memory screenings

NEW YORK — Kmart Pharmacy has partnered with the Alz­heim­er’s Foundation of America (AFA) to offer free memory screenings. During November, which is Alzheimer’s Awareness Month and National Memory Screening Month, all Kmart Pharmacy U.S. locations will serve as memory screening sites, where people can get screened at no charge during normal business hours. “Kmart

Peters appointed sales EVP at Diplomat

FLINT, Mich. — Robyn Peters has joined Diplomat Pharmacy in the role of executive vice president of sales and payor strategies. Peters, most recently vice president of market access and reimbursement at Biogen Inc., will oversee Diplomat’s payor and business development strategies, along with sales and pharma account management, and become a member of the

Retail pharmacy loses one of its pioneers

Retail pharmacy loses one of its pioneers

With the death of Murray Koffler at the age of 93 earlier this month, one of the master builders of retail pharmacy passed from the scene. Beginning with two independent drug stores in Toronto that he inherited from his father, Koffler created Shoppers Drug Mart, long the dominant pharmacy chain in Canada — now with