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Articles from the CDR print editions. Limit this selection to a specific issue by selecting from BACK ISSUES & CATEGORIES.

Senators target ‘Rx gag clauses’

WASHINGTON — Three senators last month introduced legislation that they say will bring more transparency to prescription drug pricing. Sens. Susan Collins (R., Maine), Claire McCaskill (D., Mo.) and Debbie Stabenow (D., Mich.) introduced the Patient Right to Know Drug Prices Act (S. 2554) and the Know the Lowest Price Act (S. 2553), which would

Rite Aid finishes store transfers to WBA

CAMP HILL, Pa. — Rite Aid Corp. has completed the transfer of 1,932 stores purchased by Walgreens Boots Alliance Inc. The transfer of three distribution centers and related inventory is expected to begin after September 1. The majority of the closing conditions of WBA’s $4.375 billion acquisition of the stores and warehouses have been satisfied,

Report: Amazon will not sell drugs to hospitals

Report: Amazon will not sell drugs to hospitals

NEW YORK — Amazon Business, which sells bulk goods to business customers, has reportedly scrapped plans to distribute prescription drugs to hospitals. Instead of distributing pharmaceuticals, the network said the e-tailer will keep selling less regulated medical supplies to hospitals and smaller clinics — a business which it has found to have unexpected challenges. The

Genoa hits milestone as 400th store debuts

Genoa hits milestone as 400th store debuts

RENTON, Wash. — Behavioral health pharmacy operator Genoa Healthcare has opened its 400th location, in its home state. Last month, Tukwila, Wash.-based Genoa held the grand opening of its newest pharmacy at Comprehensive Life Resources, a nonprofit behavioral health center in Renton. About 175 people attended the ribbon-cutting event, including John Figueroa, Genoa’s chief executive

Albertsons-Rite Aid merger deal seen as a ‘win-win’

Albertsons-Rite Aid merger deal seen as a ‘win-win’

CAMP HILL, Pa. — The merger of Albertsons Cos. and Rite Aid Corp. will create a “truly differentiated” player in the food, health and wellness space, John Standley, chairman and chief executive officer of Rite Aid, said when the deal was announced late last month. The proposed merger will transform Rite Aid through the addition

Riedl elects to step down at Walmart

BENTONVILLE, Ark. — George Riedl, senior vice president at Walmart and president of the Walmart Health and Wellness division, has left the ­company. A Walmart spokeswoman said that Riedl, a key pharmacy executive at the retail giant, departed effective March 16. The company didn’t say if a successor had been named. A former Walgreens executive,

Big move by Cigna accelerates health care realignment

Big move by Cigna accelerates health care realignment

BLOOMFIELD, Conn. — Another blockbuster merger is adding momentum to the consolidation wave sweeping through the health care sector, and again crossing industry segments. Health insurer Cigna Corp. plans to acquire pharmacy benefits manager Express Scripts in a $67 billion cash and stock deal. Under the agreement, unveiled earlier this month, Cigna will pay Express

Time for drug chains to reclaim beauty category

Time for drug chains to reclaim beauty category

NEW YORK — It is a pivotal juncture for the beauty care category in the drug channel. Retailers and brands need to devise a game plan to wrest the business away from prestige power players. Sales in cosmetics, skin care and grooming are firing on all cylinders — but sadly, not in the mass beauty