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Wholesalers will help get vaccines to stores

Wholesalers will help get vaccines to stores

NEW YORK — Cardinal Health Inc. and AmerisourceBergen Corp. will be network administrators in the Federal Pharmacy Partnership Strategy for COVID-19, which will enable independent, small chain and long-term-care pharmacies to participate in the vaccination effort. McKesson Corp., which will be a centralized vaccine distributor, is preparing to carry out the Centers for Disease Control

Changes to health care likely under Biden

Changes to health care likely under Biden

NEW YORK — The results of the presidential election have changed who will be the leader of the free world; but it hasn’t changed the fact that the COVID-19 pandemic isn’t going away and will be waiting for President-elect Joe Biden when he takes office on January 20. As it was during the election, COVID

WBA projects higher profits in fiscal 2021

WBA projects higher profits in fiscal 2021

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) projected single-digit profit growth in fiscal 2021 after reporting better-than-expected fourth quarter earnings, helped by higher sales at U.S. stores. U.S. store sales in the quarter ended August 31 advanced 3.6% from the year-ago period to $27 billion, with same-store sales rising by the same amount. WBA said

Walmart sues over opioids

Walmart sues over opioids

BENTONVILLE, Ark. — Walmart is suing the Department of Justice and the Drug Enforcement Administration (DEA), asking a federal court to clarify the roles and responsibilities of pharmacists and pharmacies under the Controlled Substances Act. The case is pending before the U.S. District Court for the Eastern District of Texas. Walmart states that the company

Kenneth Evenstad, founder of Usher-Smith Laboratories, dies

Kenneth Evenstad, founder of Usher-Smith Laboratories, dies

MAPLE GROVE, Minn. — Kenneth L. Evenstad, founder of Upsher-Smith Laboratories and co-founder of Domaine Serene Vineyards & Winery, died at his home in Oregon, Oct. 21, 2020, having fought chronic pulmonary issues for the past five years. He was 77 years of age. Evenstad was born July 9, 1943 in Baudette, Minn., a tiny

Crisis reaffirms value of McKesson’s RxOwnership

Crisis reaffirms value of McKesson’s RxOwnership

IRVING, Texas — Due to the severity of COVID-19, mandates forced the shutdown of many small businesses, including some in the health care industry. Many of these businesses, including independent pharmacies, have suffered severe economic hardship due to various safety measures. When the pandemic hit, many of these pharmacies had to drastically and immediately adjust

Ball and Kroenke partner to advance sustainability in sports and entertainment

Ball and Kroenke partner to advance sustainability in sports and entertainment

WESTMINSTER, Colo.— Ball Corp. and Kroenke Sports & Entertainment (KSE) Thursday established a first-of-its kind global partnership across three marquee venues in Denver, Los Angeles and London. The partnership was founded on a shared vision to advance sustainability in sports and entertainment by strengthening in-venue aluminum recycling, providing fans with a more environmentally friendly fan

Groups praise high court for hearing Rutledge case

Groups praise high court for hearing Rutledge case

ALEXANDRIA, Va. — Groups ranging from the National Community Pharmacists Association (NCPA) to the Food Industry Association (FMI) have applauded the Supreme Court for hearing Rutledge v. Pharmaceutical Care Management Association (PCMA). This historic case seeks to clarify whether states can regulate pharmacy benefit managers, which manage prescription drug benefits for health insurers, Medicare Part

WBA’s fourth quarter earnings top forecast

WBA’s fourth quarter earnings top forecast

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) on Thursday projected single-digit profit growth in fiscal 2021 after reporting better-than-expected fourth-quarter earnings, helped by higher sales at U.S. stores. Sales in U.S. stores in the quarter ended August 31 advanced 3.6%  to $27.0 billion, with same-store sales rising by the same amount. WBA said it anticipates

New Supreme Court makeup could tilt balance on ACA

New Supreme Court makeup could tilt balance on ACA

NEW YORK — Ever since it was signed into the law by President Obama on March 23, 2010, the Affordable Care Act has been under constant attack by Republicans seeking to undermine the former president’s signature legislation. Despite surviving numerous attempts by congressional Republicans to repeal it and its constitutionality being upheld by a majority-conservative

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