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Information
Perrigo to buy Elan for $8.6B, seeks tax savings
By Shawn Pogatchnik / Associated Press | July 29, 2013
U.S. drugmaker Perrigo agreed Monday to buy Ireland's Elan for $8.6 billion in a deal that should allow the rapidly growing company to reduce its tax bill and boost its royalty stream.
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Walgreens, Blues team up on exchange campaign
By Rachel Landen | July 10, 2013 | Basic Web Basic Web Subscription Details
Walgreens, the nation's largest drugstore chain, is teaming up with the Blue Cross and Blue Shield Association on a national campaign to educate the public about state health insurance exchanges.
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Walgreen, CVS expand further into retail health with clinics
By Ashok Selvam | June 28, 2013 | Basic Web Basic Web Subscription Details
Rival drugstore chains continued this week to expand their footprints in retail health with retail clinics. Walgreen Co. announced a new clinic adjacent to Johns Hopkins East Baltimore medical campus, while CVS Caremark Corp. announced a partnership with Parkridge Health System to run seven...
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Walgreen 3Q profit jumps but misses estimates
By Associated Press | June 25, 2013
Walgreen Co.'s fiscal third quarter earnings jumped 16% compared to last year but the performance still missed Wall Street expectations. The Deerfield, Ill., company's stock plunged more than 6% in morning trading Tueday.
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Accenture forecasts fast retail clinic growth
By Tom Murphy / Associated Press | June 13, 2013
The number of retail health clinics that have been popping up in places like drugstores for years is expected to double by the end of 2015, according to the consulting firm Accenture.
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DEA settles Walgreens painkiller case for $80M
By Curt Anderson / Associated Press | June 11, 2013 | Basic Web Basic Web Subscription Details
Federal authorities have reached an $80 million settlement with the Walgreens pharmacy chain over rules violations that allowed tens of thousands of units of powerful painkillers such as oxycodone to illegally wind up in the hands of drug addicts and dealers, officials said Tuesday.
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Modern Physician
Competition heats up in sports-physicals arena
By Andis Robeznieks | May 09, 2013
In terms of revenue and public health needs, annual youth physicals required for sports participation or summer camp attendance may not appear large on the healthcare system's big-picture radar, but they appear to be a growing sore point between primary-care physicians and retailers operating nurse...
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Magazine
Retail clinics at tipping point | Pharmacies, chains answering demand for access and affordability
By Andis Robeznieks | May 04, 2013 | Print Magazine Print Magazine Subscription Details
Before the H1N1 pandemic of 2009, almost no pharmacists administered flu vaccines. But last year, pharmacists working for Deerfield, Ill.-based Walgreen Co. administered 5.5 million flu shots among the 9 million vaccines they delivered.
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Walgreen clinics expand care into chronic illness
By Associated Press | April 04, 2013
Walgreen Co. has expanded the reach of its drugstore clinics beyond treating ankle sprains and sinus infections to handling chronic diseases such as diabetes, asthma and high blood pressure.
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AmerisourceBergen to sell packaging unit | Announcement follows recent news of move to divest Canadian business.
By Jaimy Lee | April 02, 2013 | Basic Web Basic Web Subscription Details
AmerisourceBergen, a Valley Forge, Pa.-based wholesale drug distribution and services company, plans to sell its contract packaging business to an investor group for $308 million in cash.
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