November 17, 2011

EmblemHealth and Walgreens have reached an agreement that allows EmblemHealth and Connecticare members to continue to have access to the Walgreens pharmacy network in 2012, the companies announced Thursday.

November 16, 2011

When its blockbuster cholesterol drug Lipitor loses patent protection this month, Pfizer is hoping that pharmacy benefit managers will not dispense a generic version of the drug to its customers, according to published reports.

November 11, 2011

Eastman Kodak on Friday announced the renewal of its agreement with Ohio-based Discount Drug Mart to be the drug chain’s exclusive supplier of photo finishing technology, products and services.

November 11, 2011

In an 8-K filing earlier this week, Walgreens broke down its Express Scripts business and challenged many assertions that have been made regarding contract negotiations with Express Scripts.

November 3, 2011

CVS Caremark on Thursday reported solid third-quarter results — 2 cents above the high end of its guidance range — driven in large part by better-than-expected performance in its pharmacy benefit management, which is in the midst of a profit-improvement plan.

November 3, 2011

At a press conference organized by the Preserve Community Pharmacy Access NOW! coalition at the Capitol on Thursday morning, the National Community Pharmacists Association's CEO Douglas Hoey issued a statement regarding the proposed merger of pharmacy benefit managers Express Scripts and Medco Health Solutions, saying the deal could mean "more wasteful mail-order spending and higher price spikes for specialty drugs."

October 28, 2011

Aramis and Designer Fragrances, a division of Estée Lauder, and Tory Burch LLC have inked a multiyear agreement for the exclusive worldwide license of the Tory Burch fragrance business. This partnership marks Tory Burch’s first foray into the beauty industry.

October 27, 2011

Drug makers Bristol-Myers Squibb and Gilead Sciences announced an agreement to develop and commercialize a fixed-dose combination treatment for patients with HIV.

October 19, 2011

Technology in retail pharmacies has traditionally 
meant the adoption of robotic dispensing systems and electronic health records, but in recent years, pharmacy retailers have been bringing technology to the consumer level.


October 6, 2011

Gilead Sciences has signed an agreement with Boehringer Ingelheim to gain exclusive worldwide rights to research, develop and commercialize BI's novel anti-retroviral compounds.

October 6, 2011

German drug maker Merck KGaA will collaborate with Japanese drug maker Ono Pharmaceutical to develop oral therapies for cancer and multiple sclerosis, Merck KGaA said.

October 3, 2011

CVS/pharmacy has teamed up with Aetna to offer Medicare beneficiaries a co-branded prescription drug plan.

September 28, 2011

Rite Aid announced Wednesday the launch of the first extension of its Wellness+ loyalty card program.

September 21, 2011

The offering period for Pfizer's acquisition of Icagen has expired, allowing the former to purchase more than 5 million shares in the company, Pfizer said.

September 20, 2011

One day after the National Association of Chain Drug Stores launched a radio ad in the Washington, D.C., market that warned of the potential consequences of the merger between pharmacy benefit managers Express Scripts and Medco, the PBMs have debuted their own ad, which seeks to highlight the benefits of the deal.

September 12, 2011

The Generic Pharmaceutical Association has named Ralph Neas as its new president and CEO.

September 9, 2011

At a special meeting held Friday, BJ's Wholesale Club stockholders approved the definitive agreement between the company and Leonard Green & Partners and CVC Capital Partners to be acquired in an all-cash transaction valued at about $2.8 billion.

September 9, 2011

If this were a fist-fight, you might say Express Scripts just took the old "one-two" to the jaw — though in this case, the punches came from two different directions.

September 9, 2011

Stop & Shop has teamed up with Unilever to support the hunger relief efforts of Feeding America and its local member food banks.

August 25, 2011

A new agreement between Innovation and RxSafe allows Innovation to distribute RxSafe's line of automated, high-density robotic storage and retrieval systems for pharmacies, the two companies said.

August 22, 2011

Prasco will market an authorized generic drug for urinary tract infections under an agreement with Shionogi, the company said Monday.

August 15, 2011

Elizabeth Arden has amended its long-term license agreement with Liz Claiborne to acquire the trademarks for the Curve fragrance brands and selected other smaller fragrance brands.

August 11, 2011

CVS Caremark’s MinuteClinic continues to expand its list of strategic alliances, with its latest partner being Indiana University Health (IU Health), the largest health system in Indiana.

July 28, 2011

Pfizer has entered a definitive agreement to acquire a biopharmaceutical company that focuses on the development of pain treatments.