DEERFIELD, Ill. — In its continuing efforts to combat the opioid drug epidemic plaguing the country, Walgreens has announced it is now stocking Narcan in all of its more than 8,000 pharmacies nationwide. The Food and Drug Administration-approved nasal spray, which is a form of naloxone, can be used in the event of an overdose
TORONTO — Loblaw Cos. is making investments in digital and e-commerce services with savings it plans to net from terminating 500 jobs, though the company did not speculate on how much it would save. The cuts, which the Canadian food and drug retailer announced last month, will affect employees within the executive and management ranks,
More often than not, independent drug stores are overshadowed by the big retail chains. While it’s understandable why individual pharmacists who own one or two locations do not receive the same level of attention as the top pharmacy operators, the largest of which each have thousands of stores across the United States, in the aggregate
The impact of a healthy population and vibrant workforce on the ability of the economy to sustain growth should not be underestimated. While Congress has been mired in a political debate around the near-term costs and burden of the Affordable Care Act, lost from this deeply partisan discussion is a tangible, forward-thinking consideration of the
CHICAGO — GSK Consumer Healthcare and CVS Health have partnered with American Lung Association’s Lung Force initiative to help people quit smoking. The American Lung Association said that GSK Consumer Healthcare will donate $1 to Lung Force for every box of Nicorette or NicoDerm CQ purchased at CVS Pharmacy through Dec. 2, up to $100,000.
ARLINGTON, Va. — Forty-nine members of Congress are urging House and Senate leaders to support a one-year extension of the TRICARE Acquisition Cost Parity Pilot Program for retail pharmacy. The National Association of Chain Drug Stores said late Wednesday that the bipartisan group of lawmakers — led by Reps. Buddy Carter (R., Ga.), Dave Loebsack
CAMP HILL, Pa. — Matt Schroeder has been promoted to senior vice president, chief accounting officer and treasurer at Rite Aid Corp. Rite Aid said Thursday that Schroeder, previously group vice president of strategy, investor relations and treasurer, takes over chief accounting officer duties from Doug Donley, who is retiring after more than 20 years
WASHINGTON — After numerous failed attempts to repeal the Affordable Care Act, President Donald Trump has signed an executive order to relax standards on small businesses that band together to buy health insurance and may take steps to allow the sale of other health plans that skirt the health law’s requirements. The Trump executive order
WOONSOCKET, R.I. — CVS Pharmacy aims to improve medication adherence with the rollout of ScriptPath, a new prescription management system for patients on multiple medicines. Earlier this month, CVS launched the ScriptPath Prescription Schedule, which pulls all of a patient’s CVS prescription information onto one document and employs icons designating the time of day and
ORLANDO, Fla. — Merging the specialty pharmacy and mail service capabilities of Walgreens and Prime Therapeutics LLC has created a whole that is greater than the sum of its parts, says Joel Wright, chief executive officer of the newly formed AllianceRx Walgreens Prime. Increased purchasing scale and the addition of Prime’s clinical and lives management
BENTONVILLE, Ark. — The growing convergence of its physical and digital assets has put Walmart in the retail sector’s sweet spot, according to company executives. “We have good momentum in the business, we’re executing our strategy and moving with speed to win with the customer, who is more connected than ever and embracing tools that
MONTREAL — The acquisition of the Jean Coutu Group by Metro Inc. will create a $16 billion food and drug retailer with 1,307 stores in Quebec, Ontario and News Brunswick. Metro has agreed to purchase Coutu for $24.50 per share in cash and stock in a total deal valued at $4.5 billion ($3.6 billion U.S.).
DEERFIELD, Ill. — Four prominent players in the health care sector are coming together to help combat opioid abuse by increasing the availability of Walgreens medication disposal kiosks. The goal is to collect 300 tons of unwanted medications over the next two years through kiosks at about 1,500 Walgreens stores nationwide. Walgreens now has about
VANCOUVER, British Columbia — Thirteen Pharmasave Pacific Ltd. stores in British Columbia are piloting a clinical program to help diabetes patients better manage their condition. The Canadian pharmacy cooperative recently announced that the locations in the province are participating in a pharmacist-led clinical trial in which type 2 diabetes patients use a therapeutic nutrition program