In a meeting with pharmaceutical industry leaders, President Donald Trump decried the high cost of drugs but said his administration would work to make it easier to get new, innovative medications to market. The Pharmaceutical Research and Manufacturers of America (PhRMA), which along with drug company executives met with Trump at the White House on
(*Note: Go to 42:05 of video for Cuomo’s discussion of prescription drug costs.) ALBANY, N.Y. — New York Gov. Andrew Cuomo unveiled a three-pronged plan to check soaring prescription drug prices, which he called a “tremendous problem” for the state and its residents. In his 2017 State of the State address on Wednesday, Cuomo proposed
Competition for Medicare Part D prescription market share remains stiff among large pharmacy retailers. One of the ways that chains are winning over seniors — besides being in preferred pharmacy networks — is by providing them with lots of assistance as they navigate the maze of Part D prescription drug benefit plans and terms. To
WASHINGTON — The Alliance for Safe Online Pharmacies (ASOP Global) has partnered with the American Medical Association (AMA), American Pharmacists Association (APhA) and 14 other national health care stakeholders to educate providers and patients about the surge in illegal online pharmacies and counterfeit medicines. To that end, ASOP Global also launched BuySafeRx.pharmacy, a website providers,
WASHINGTON — President Barack Obama today signed the landmark 21st Century Cures Act into law. At a ceremony with Vice President Joe Biden, who helped shepherd the sweeping health bill through Congress, Obama said the new law “touches every family across America” and “unleashes the full force of American innovation.” The 21st Century Cures Act
Ulta Beauty chief executive officer Mary Dillon shed some light on the specialty beauty chain’s winning retail formula in a recent segment on the “CBS This Morning” news program. “We are all about all things beauty all in one place. And I think we’re onto something really special with Ulta Beauty because our guests love
The pending acquisition of Rite Aid Corp. by Walgreens Boots Alliance hasn’t interrupted the Camp Hill, Pa.-based drug chain’s rollout of its innovative Wellness Store format. About 49% of Rite Aid’s store base now has the Wellness concept in some way, shape or form. As of the company’s most recently reported quarter (fiscal 2017 second
These days, supermarkets are under attack from a host of retail competitors looking to up their ante in the grocery business, including mass merchants, warehouse clubs, chain drug stores, dollar stores and convenience stores, among others. One emerging competitor that’s been drawing more attention lately are online grocery services, which offer the benefits of being
POINT PLEASANT, W.Va. — Taking medication efficacy and safety to an individual level, Fruth Pharmacy plans to offer the Rxight pharmacogenetics program from MD Labs. Pharmacogenetics leverages information about a person’s genetic profile for selecting medications and dosages likely to work best for them, helping them to avoid ineffective or possibly adverse drug reactions. The
ATLANTA — The American Cancer Society and the CVS Health Foundation have awarded grants to 20 U.S. colleges and universities through their Tobacco-Free Generation Campus Initiative (TFGCI). The $3.6 million, multiyear program aims to drive the adoption and implementation of smoke- and tobacco-free campus policies and is part of CVS Health’s “Be The First” five-year,
WASHINGTON — Though the vast majority of specialty physicians know what biosimilars are, their knowledge about these emerging medications falls short, according to a survey by the Biosimilars Forum. Of 1,201 U.S. physicians polled, 76.8% had heard the term biosimilars within the previous month, the Biosimilars Forum said Tuesday. Yet respondents exhibited five key gaps
RICHMOND, Va. — Pharmaceutical company Kaleo plans to reintroduce the Auvi-Q epinephrine auto-injector to the U.S. market in the first half of 2017. For emergency use in treating life-threatening allergic reactions such as anaphylaxis, Auvi-Q is expected to provide an option to the EpiPen from Mylan Inc., which has been lambasted by government officials, the
CINCINNATI — Procter & Gamble Co. and its home cleaning brands have teamed up with Rite Aid Corp. and the Pittsburgh Steelers’ Antonio Brown to give consumers a chance to win a trip to Super Bowl LI. In a video released Monday on Rite Aid’s YouTube channel and Brown’s Facebook page, the NFL wide receiver calls
VARENNES, Quebec — The Jean Coutu Group and its affiliated pharmacist-owners have launched a campaign to heighten awareness of the need to get a flu shot. Called “Protect Your Health and That of Your Loved Ones,” the initiative — which includes a video — is designed to support a public health effort for flu prevention,
