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Issue 08-13-2018

HealthMarket store unveiled by Hy-Vee

HealthMarket store unveiled by Hy-Vee

WEST DES MOINES, Iowa — Hy-Vee Inc. has opened its first HealthMarket here, a concept store envisioned as a one-stop shop for consumers looking to lead a healthy, more natural ­lifestyle. The 15,700-square-foot store combines several of the initiatives and partnerships Hy-Vee has undertaken in recent years to spur growth and keep current in a

Amazon’s PillPack purchase jolts pharmacy industry

Amazon’s PillPack purchase jolts pharmacy industry

SEATTLE — Amazon.com has sent a major tremor through the retail pharmacy industry with its planned acquisition of PillPack, an online pharmacy that organizes prescriptions and vitamin supplements into daily dosage packets and delivers them to patients’ homes. The deal, which Bloomberg News values at about $1 billion citing “a person familiar with the matter,”

Report takes close look at reverse distribution

Report takes close look at reverse distribution

ARLINGTON, Va. — Reverse distribution of pharmaceutical products accounts for 3.5% to 4% of all pharmaceutical sales — more than 120 million product units — and exceeds $13 billion in value, according to a new report from the Healthcare Distribution Alliance (HDA) Research Foundation. Reverse distribution involves moving unsold salable inventory within, or removing unsalable

In face of Amazon, Rx needs to stay course

In face of Amazon, Rx needs to stay course

Amazon’s long anticipated, much ballyhooed entry into the retail pharmacy sector has finally taken place. The e-commerce powerhouse in late June agreed to pay a billion dollars to purchase PillPack, which packages prescription medications in presorted doses, along with over-the-counter health care products and nutritional supplements, and delivers them directly to patients’ homes. Cofounded in