A panel of start-up companies — UnaliWear, Chrono Therapeutics, BraceUnder, Sleep.ai and 23andMe — spoke about the white spaces their organizations targeted and the solutions they created to fill those voids at a special Health Innovation Summit, hosted by CVS Health in partnership with Drug Store News and Mack Elevation in June.
In an era of collaborative and accountable care, outcomes-based reimbursement models, rising prescription volumes, a shrinking pool of primary care physicians and urgent cost-cutting imperatives, pharmacy retailers and their technology vendors are more closely linked than ever.
Heightened consumer expectations, coupled with increased efforts by manufacturers and distributors to adopt a “direct-to-consumer” sales model, should be compelling drug chains and other retailers to leverage new opportunities in their businesses … ," according to Steve Laughlin, VP and general manager of global consumer industry at IBM, in his CVS Health Innovation Summit presentation.
Teva has made two separate sales from its global women’s health business in an effort to repay term loan debt.
Lifestlyes Zero is the new product that’s being launched now. It’s the thinnest condom across the LifeStyles portfolio, which is expected to be a significant point of differentiation for consumers going forward.
Video-based marketing messages designed for mobile viewing represent a significant opportunity for retailers, as consumers now spend three hours per day on their mobile devices, and mobile penetration continues to grow, with 2 billion new mobile phones activated last year alone.
Consumers are taking more ownership in their health than ever before, and Internet search activity, particularly on mobile devices, has become an important element of consumer healthcare decision-making.
According to a ZzzQuil survey, of those consumers who tried a sleep-aid, 4-in-5 (80%) reported that a sleeping aid helped them fall asleep more easily, and stay asleep all night.
The KidCents Mobile Flu Clinic will begin its three-week tour in Pittsburgh and travel across country to Washington and California.
The new deal is for 1,932 stores, three distribution centers and related inventory from Rite Aid for $4.375 billion in cash and other consideration.