December 6, 2017 by Jeffrey Woldt and Chain Drug Review
Adam Holyk, Trusted since 1901, Walgreens, Walgreens brand
Featured Articles, Issue 12-11-2017, Leading Headlines, Opinion
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
December 5, 2017 by Geoff Walden and Chain Drug Review
ACA, Affordable Care Act, individual mandate, John Barrasso, Mitch McConnell, Senate tax reform bill, Susan Collins
Issue 12-11-2017, News, Pharmacy, Retail News
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
December 4, 2017 by Chain Drug Review
American Pharmacists Association, APhA Foundation, Benjamin Bluml, Colleen Lindholz, Kroger, National Diabetes Prevention Program, Project IMPACT: Diabetes Prevention, Solera Health
Issue 12-11-2017, Leading Headlines, News, Pharmacy, Retail News
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
December 4, 2017 by Chain Drug Review
GuoDa, GuoDa Drug Store, Sinopharm Holding GuoDa Drug Store Co., Stefano Pessina, Walgreens Boots Alliance
Business, Issue 12-11-2017, Leading Headlines, News, Retail News
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
December 4, 2017 by Chain Drug Review
cost of prescription drugs, Ginette Petitpas Taylor, Patented Medicine Prices Review Board, Patented Medicines Regulations, patented prescription drugs, PMPRB
Issue 12-11-2017, Leading Headlines, News, Pharmacy, Retail News
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
December 1, 2017 by Bill Schiffner
Adam Holyk, Alex Gourlay, At the Corner of Happy and Healthy, Charles R. Walgreen Sr., new Walgreens branding campaign, Trusted since 1901, Walgreens, Walgreens Boots Alliance
Business, Featured Articles, Issue 12-11-2017, Leading Headlines, News, Retail News
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
November 20, 2017 by Geoff Walden and Chain Drug Review
Cardinal Health, George Barrett, Gregory Kenny, Jorge Gomez, Mike Kaufmann
2017, Issue 11-20-2017, Issues, News
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
November 20, 2017 by Chain Drug Review
Alex Gourlay, Richard Ashworth, Walgreens, Walgreens Boots Alliance
2017, Issue 11-20-2017, Issues, News
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
November 20, 2017 by Geoff Walden and Chain Drug Review
Brian Fitzpatrick, Centers for Medicare & Medicaid Services, Gigi Kwik Gronvall, H.R. 4236, Johns Hopkins Center for Health Security, NACDS, National Association of Chain Drug Stores, opioid abuse, opioid crisis, opioid prescriptions, Seema Verma, Steve Anderson
2017, Issue 11-20-2017, Issues, News
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
November 20, 2017 by Geoff Walden and Chain Drug Review
CVS Curbside, CVS next-day prescription delivery, CVS Pharmacy, Helena Foulkes, Instacart, next-day prescription delivery
2017, Issue 11-20-2017, Issues, News
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
November 20, 2017 by Geoff Walden and Chain Drug Review
CVS Health, John Hammergren, McKesson, RxCrossroads
2017, Issue 11-20-2017, Issues, News
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
November 20, 2017 by Chain Drug Review
Alzheimer’s Foundation of America, Charles Fuschillo, Jennifer Speares Lehman, Kmart Pharmacy, National Memory Screening Month
2017, Issue 11-20-2017, Issues, News
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
November 20, 2017 by Chain Drug Review
Diplomat Pharmacy, Joel Saban, Robyn Peters
2017, Issue 11-20-2017, Issues, News
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
November 20, 2017 by Jeffrey Woldt and Chain Drug Review
Imasco, Jeffrey Woldt, Life Brand, Loblaw Cos., Murray Koffler, Shoppers Drug Mart
2017, Issue 11-20-2017, Issues, Opinion
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