May 17, 2013

Alliance Boots posted a double-digit adjusted profit gain of 12.7% to $1.2 billion for its year ended March 31. Almost half of that profit is staked by Walgreens with its 45% share of the European pharmaceutical distributing powerhouse.

A couple days later, Alliance Boots along with Walgreens and AmerisourceBergen announced the necessary regulatory clearances on that strategic partnership, cementing the three companies in place as the largest generic pharmaceutical acquisition company in the world. That deal will further enable the company's to realize greater profit margins.

May 14, 2013

Finals can be a stressful time for any college or graduate student, with many hours spent studying and few spent socializing or relaxing. But many students are using prescription drugs to get through finals, according to a new study.

May 13, 2013

Seasonally adjusted retail sales increased by 0.6% in April over last year, while unadjusted retail sales increased 3.9%, according to numbers released Monday by the Department of Commerce.

May 10, 2013

More than 300 community pharmacists helped educate their legislators over crucial small business issues as part of the NCPA's 2013 Legislative and Government Affairs conference. All told, the pharmacists conducted more than 500 meetings with congressional offices.

There is a reason why our industry is poised to play a larger role in health reform. Five years ago or more, the PBMs had Washington's ear. But today, pharmacy is doing a much better job of telling its story. Counting NACDS' recent RX Impact day, retail pharmacy has conducted more than 900 meetings with legislators in the past eight weeks or so.

May 10, 2013

The Specialty Pharmacy Certification Board will begin certifying specialty pharmacists who pass a comprehensive exam in October. The exam is designed to cover the entire specialty pharmacy process, including intake, clinical management, fulfillment and outcomes.

The National Association of Specialty Pharmacy, which oversees the SPCB, is bringing to bear some real advocacy and structure to the highly fragmented specialty pharmacy marketplace. The DSN Group, including its specialty pharmacy publication of the same name Specialty Pharmacy, applauds these efforts.

May 10, 2013

Rite Aid announced Wednesday that it has converted nearly all its stores in the Buffalo, N.Y., area to the Wellness store format, breaking the news with an event in the nearby village of Williamsville that included president, chairman and CEO John Standley, COO Ken Martindale and fitness expert Denise Austin.

Just as writers find their voices, Rite Aid has paved its road with wellness. Evidence of that was clear when it announced its latest last month, raking in a $123.1 million profit for the fourth quarter and a $118.1 million profit for the fiscal year, its first profitable year since 2007.

May 10, 2013

Kids in child care are not meeting their daily nutritional needs with the snacks they tend to eat, according to a new study.

May 9, 2013

Cuts to Medicare payments due to the budget sequester have hit reimbursements for cancer drugs, according to a nonprofit group.

May 9, 2013

Declining use overall of healthcare services drove down spending on medicines in the United States by 3.5% per capita last year, according to a new study.

May 7, 2013

In case you were wondering, Google won’t replace the community pharmacist as a trusted source for women’s health information, after all.

May 7, 2013

The global market for biosimilars will be worth nearly $2.5 billion this year, according to a new study.

May 3, 2013

Kinney Drugs, with its almost-100 locations located primarily in upstate New York, is the latest pharmacy to capitalize on the robust offerings available through in-store health kiosks. Because it isn't only about taking that random blood pressure check anymore.

No, the in-store health kiosks going into stores today are designed to augment outcomes-based health care. For example, through the use of "smart cards," PharmaSmart helps track historical health metrics across its trademarked Blood Pressure Tracker web portal.

May 3, 2013

Women who take low-dose oral contraceptives may be at increased risk of chronic pelvic-pain symptoms and pain during sexual climax, according to a new study.

May 3, 2013

The retail industry added nearly 30,000 jobs last month amid a general uptick in hiring that brought unemployment down to 7.5%, according to the Department of Labor.

May 3, 2013

Jobs data from the Department of Labor released Friday show that among the 165,000 jobs added overall were 29,000 in the retail sector, results that industry trade group the National Retail Federation heralded as possibly boding well for the economy in the future.

While the numbers themselves speak volumes, it's important to consider some of the factors behind them that explain why the sector has thrived.

May 3, 2013

Rates of testicular cancer among young men have risen significantly over the last two decades across racial and ethnic groups, according to a new study, and researchers are wondering what accounts for it.

May 2, 2013

The vast majority of mothers experience pain throughout their bodies, according to a new survey.

April 30, 2013

Even decades of social change haven't changed one thing: women's continued dominance of the retail marketplace, according to a new study.

April 30, 2013

Growth in spending on Mother's Day will be nearly flat this year as more Americans return to work and have less spare time, according to a new report by market research firm IBISWorld.

April 26, 2013

Pharmacy's value as part of an outcomes-based healthcare alignment was the highlight of the closing business presentation at the National Association of Chain Drug Stores' 2013 Annual Conference. And now it's up to NACDS members to expose Congress leaders to that value quotient on a regular basis.

That was the message shared by incoming NACDS chairman Bob Narveson. It goes to show that even as the gavel passes from the head of one of the industry's largest pharmacy chains to one of the smaller chains, innovation in patient care is happening at all levels.

April 26, 2013

A House Subcommittee on Health hearing Thursday focused on efforts to strengthen the country's pharmaceutical supply chain, and particularly on draft legislation meant to accomplish that.

While often touted as the safest in the world, the U.S. drug supply chain remains vulnerable to counterfeit, adulterated and stolen medications. Given the potentially dangerous risks of using such medicines, it is imperative that they be kept out.

April 24, 2013

More than half of people with nasal allergies report problems sleeping, while slightly more than a third proactively treat their symptoms, according to a new survey.

April 24, 2013

A dramatic jump in the rates of misuse of prescription stimulants over the past four years is linked to lax attitudes on the part of parents, according to a new study, though misuse and abuse of prescription opioids has remained flat.

April 24, 2013

Notice of nearby savings could bring smartphone owners into stores, according to a new survey.