May 31, 2011

Costco Wholesale EVP, CFO and director Richard Galanti told investors during the company’s third quarter 2011 earnings call last week that average prices in pharmacy probably would decline due to the introduction of generic versions of branded drugs.

May 31, 2011

In a major win for its pharmacy benefit management business, CVS Caremark will handle the $3 billion mail-order and specialty prescription drug benefit for the Federal Employee Program starting January 2012, which, for the last three years, had been handled by rival Medco Health Solutions.

May 31, 2011

The Food and Drug Administration has approved a treatment for diarrhea caused by a bacterial infection.

May 31, 2011

A woman's risk of developing a type of diabetes typically caused by pregnancy can be identified up to seven years prior to becoming pregnant, according to a new study by Kaiser Permanente.

May 31, 2011

The House of Representatives last week passed the FY2012 Defense Authorization bill by a vote of 322 to 96. The bill includes a small increase in the Tricare Prime fee, the American Society of Military Comptrollers noted in a statement, but caps future increases at no more than the cost-of-living adjustment.

May 31, 2011

Kroger said that its family of stores is offering new ways for its customers to save on gas.

May 31, 2011

An Eli Lilly executive was elected to Chiquita's board of directors at the company's annual shareholders meeting.

May 31, 2011

Generic drug maker Mylan plans to give one of its subsidiaries a new name, the company said.

May 31, 2011

INGfertility on Tuesday announced its Pre-Seed "fertility-friendly" personal lubricant will be available in all Walgreens pharmacies as of Wednesday, following Facebook demand for increased distribution.

May 31, 2011

Researchers at Children's Hospital Boston have discovered the reason why influenza may induce asthma attacks among children.

May 31, 2011

New results from a late-stage clinical trial of a Sanofi drug for Type 2 diabetes indicated that the drug can reduce blood sugar in patients without increasing the risk of causing the blood sugar levels to dip too low, the French drug maker said Tuesday.

May 31, 2011

The Food and Drug Administration has approved an injectable gel for fecal incontinence, the agency said.

May 31, 2011

Taro realized a 21% increase in net sales for its first quarter, the drug maker said.

May 31, 2011

The major consumer press is beginning to understand the value of community pharmacy and the importance of medication adherence in managing outcomes in healthcare spending, as evidenced by the recent USA Today article "Studies: Missed meds could cost more than $250B a year."

May 26, 2011

Eli Lilly is temporarily barred from using the same sales team to market two diabetes drugs, under a court order issued Thursday.

May 26, 2011

The Council for Responsible Nutrition and Virgo on Wednesday announced a continuation of their education webinar partnership, offering a minimum of two new webinars in 2011.

May 26, 2011

CVS Caremark and a panel of health experts explored research findings and the problem of medication nonadherence Thursday morning during CVS Caremark’s first-ever national forum on medication nonadherence at the National Press Club in Washington, D.C.

May 26, 2011

The company behind Enfamil baby formula has introduced a new mobile application for expecting mothers.

May 26, 2011

Former Walmart executive Charles Leehan has taken on a new role at a self-service kiosks provider.

May 26, 2011

A milk formula for babies made by Gerber Products can reduce the risk of atopic dermatitis, and Gerber has the Food and Drug Administration’s permission to say so.

May 26, 2011

General Nutrition Centers has added PayPal's Mobile Express Checkout to its mobile site.

May 26, 2011

Drug maker Johnson & Johnson plans to file for regulatory approval for 11 new drugs between 2011 and 2015, the company said Thursday in relation to a meeting between J&J’s executive committee and investors.

May 26, 2011

MusclePharm, an expanding sports nutrition company, on Thursday named Jeremy Deluca, the former Bodybuilding.com president, to the posts of co-president and chief marketing officer.

May 26, 2011

A recent Quest Diagnostics "Health Trends Report" released Wednesday raised the possibility that men have a higher risk for allergies than women or that men, as a function of their gender, require different reporting standards when evaluated for allergies with increasingly used blood tests.