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Community pharmacy, also known as retail pharmacy, is the most common type of pharmacy that allows the public access to their medications and advice about their health. Traditionally known as a chemist, it is the healthcare facility that is responsible for the provision of pharmaceutical service to a specific community group or region.

Target joins American Cancer Society in 2010 Great American Smokeout

In connection with the American Cancer Society's 2010 Great American Smokeout®, Target is launching a month-long Celebrate Smoke-free campaign designed to support guests and team members in their efforts to quit smoking.

30 Oct 2010

Valeant subsidiary to acquire leading skin care brands in Australia

Valeant Pharmaceuticals International, Inc. announced today that its subsidiary, Biovail Laboratories International SRL (BLS), has agreed to acquire several privately–owned pharmacy skin care brands in Australia. The leading brands, including well-established local brands such as Hamilton's Suncare and Hamilton's Skin Therapy, are ranked #2 in suncare in the Australian pharmacy market.

29 Oct 2010

Outcome-based contract between CIGNA and Merck helps diabetics control blood sugar levels

The first national outcome-based contract between a pharmaceutical company and a pharmacy benefit management company resulted in an increase in the number of people with type 2 diabetes who were able to control their blood sugar levels by taking their medications appropriately.

29 Oct 2010

Sanofi-aventis to acquire BMP Sunstone

Sanofi-aventis and BMP Sunstone Corporation announced today that they have entered into a definitive agreement under which sanofi-aventis is to acquire all outstanding shares of BMP Sunstone for cash consideration of USD 10 per share, or a total of approximately USD 520.6 million on a fully diluted basis.

29 Oct 2010

HealthSpring third quarter net income increases 27.1% to $42.3 million

HealthSpring, Inc. today announced its results for the third quarter ended September 30, 2010. Net income of $53.8 million, or $0.95 per diluted share, up 27.1% over $42.3 million, or $0.77 per diluted share, in the 2009 third quarter.

28 Oct 2010

Omnicare third quarter net sales increases from $1,543.9 million to $1,544.4 million

Omnicare, Inc. one of the nation's leading providers of pharmaceutical care for the elderly, reported today financial results for its third quarter ended September 30, 2010.

28 Oct 2010

Outcomes detects over one million drug therapy problems through Targeted Intervention Program

Outcomes Pharmaceutical Health Care® has announced it has detected over one million drug therapy problems through its Targeted Intervention Program (TIP®).

28 Oct 2010

Phrma pushes back against campaign calls for Medicare Part D price negotiation

The powerful pharmaceutical lobby is pushing back against campaign-trail calls to allow Medicare to negotiate drug prices on behalf of millions of seniors enrolled in Part D, The Hill reports.

28 Oct 2010

CutisPharma receives U.S patent for suppository compounding

CutisPharma, Inc. today announced that it has received approval from the United States Patent and Trademark Office for its patent (US 7,815,929) regarding a method for the preparation, storage and dispensing of compounded suppositories.

28 Oct 2010

Prolonged use of glucosamine linked to greater risk of developing diabetes

High doses or prolonged use of glucosamine causes the death of pancreatic cells and could increase the risk of developing diabetes, according to a team of researchers at Universit- Laval's Faculty of Pharmacy. Details of this discovery were recently published on the website of the Journal of Endocrinology.

28 Oct 2010

MedLearn and Panacea launch coding, compliance, and reimbursement system for pharmacy departments

Medical Learning, Inc. also known as MedLearn, a company specializing in Hospital Coding, Compliance, Reimbursement and Financial Systems and Services, today announced that, together with its business partner Panacea Healthcare Solutions, LLC, it has introduced PharmAuditor.com as the industry's newest and most comprehensive coding, compliance, and reimbursement system and service for hospital based Pharmacy Departments.

27 Oct 2010

Sharps Compliance first quarter retail billings increase 22% to record $1.9 million

Sharps Compliance Corp., a leading full-service provider of cost-effective management solutions for medical waste and unused dispensed medications generated outside the hospital and large healthcare facility setting, today reported $5.2 million in revenue for the first quarter of fiscal year 2011 ended September 30, 2010.

27 Oct 2010

DMC and Vanguard extend definitive purchase agreement

The DMC Board voted this afternoon to extend their definitive purchase agreement with Vanguard Health Systems through the end of the year, allowing more time to complete governmental approvals. Vanguard's purchase of – and $850 million capital investment in – the Detroit Medical Center is the single largest private investment in Detroit's history.

27 Oct 2010

Baxa announces 2011 dates for courses at STAR Center training facility

Baxa Corporation, a leading provider of medical devices and systems that automate pharmacy operations, today announced the 2011 dates for its STAR (Skills Training, Academics and Resources) Center. Located at the Baxa global headquarters in Englewood CO, the STAR Center furthers best practice in health-system pharmacy operations. The ACPE-accredited 2011 curriculum offers participants hands-on training in a state-of-the-art cleanroom and pharmacy training facility.

27 Oct 2010

B.C. pharmacists are authorized to administer flu shots

As British Columbians get ready for flu season, the BC Pharmacy Association is reminding patients that they can get their seasonal vaccination from their pharmacist.

27 Oct 2010

335M available under HHS Expanded Services initiative for community health centers

HHS Secretary Kathleen Sebelius today announced the availability of up to $335 million for existing community health centers across the country under the Expanded Services (ES) initiative. These funds are made possible by the Affordable Care Act and will increase access to preventive and primary health care, including dental health, behavioral health, pharmacy, vision, and/or enabling services, at existing health center sites.

27 Oct 2010

Upper Peninsula Health Plan awards 3-year PBM contract to Catalyst Rx

Catalyst Rx, the pharmacy benefit management (PBM) subsidiary of Catalyst Health Solutions, Inc. (NASDAQ: CHSI), announced today the award of a three-year PBM contract by the Upper Peninsula Health Plan, a Medicaid Health Care Provider serving the Upper Michigan Counties. The contract covers approximately 38,000 members.

27 Oct 2010

Pharmaceutical industry pays billions in fraud settlements; Walgreen selling PBM Co.

Bloomberg: "Walgreen Co., the largest U.S. drug-store chain, is looking to sell its pharmacy-benefits management business and has hired an adviser to run an auction, said three people with knowledge of the matter. The sale of the PBM unit, which Walgreen started in 1995, may fetch $500 million to $1 billion. … Medco Health Solutions Inc., Express Scripts Inc. and CVS Caremark Corp., the three largest PBMs in the U.S., are among the companies that have expressed interest, the people said.

27 Oct 2010

Cryo-Cell formalizes industry-exclusive agreement with MedTech For Solutions GPO

Cryo-Cell International, Inc., one of the world's largest and most established family cord blood banks and global stem cell innovators, today announced at the annual meeting of the American Society of Reproductive Medicine (ASRM) that the Company has formalized an industry-exclusive agreement with MedTech For Solutions, Inc., a Group Purchasing Organization (GPO) representing a member network of 115 practices specializing in reproductive medicine, which operates in conjunction with The Broadlane Group.

26 Oct 2010

Centene third quarter premium and service revenues increase 9.5% to $1.082 billion

Centene Corporation today announced net earnings from continuing operations for the quarter ended September 30, 2010, of $22.4 million, or $0.44 per diluted share; $0.48 from operations excluding a $0.04 charge for net investment writedowns.

26 Oct 2010

Pharmacy News and Research

Further Reading

Target joins American Cancer Society in 2010 Great American Smokeout

Valeant subsidiary to acquire leading skin care brands in Australia

Outcome-based contract between CIGNA and Merck helps diabetics control blood sugar levels

Sanofi-aventis to acquire BMP Sunstone

HealthSpring third quarter net income increases 27.1% to $42.3 million

Omnicare third quarter net sales increases from $1,543.9 million to $1,544.4 million

Outcomes detects over one million drug therapy problems through Targeted Intervention Program

Phrma pushes back against campaign calls for Medicare Part D price negotiation

CutisPharma receives U.S patent for suppository compounding

Prolonged use of glucosamine linked to greater risk of developing diabetes

MedLearn and Panacea launch coding, compliance, and reimbursement system for pharmacy departments

Sharps Compliance first quarter retail billings increase 22% to record $1.9 million

DMC and Vanguard extend definitive purchase agreement

Baxa announces 2011 dates for courses at STAR Center training facility

B.C. pharmacists are authorized to administer flu shots

335M available under HHS Expanded Services initiative for community health centers

Upper Peninsula Health Plan awards 3-year PBM contract to Catalyst Rx

Pharmaceutical industry pays billions in fraud settlements; Walgreen selling PBM Co.

Cryo-Cell formalizes industry-exclusive agreement with MedTech For Solutions GPO

Centene third quarter premium and service revenues increase 9.5% to $1.082 billion

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