Food and Staples Retailing Drug Retail

  • Teva Pharma Part 1

    Teva Pharmaceutical Industries' Yitzhak Peterburg says business is running as usual as it is still too early to determine Brexit's impact.

  • Merck's 'check point' therapy for cancer

    CNBC's Meg Tirrell talks with Merck's Roger Perlmutter about advances the drugmaker has made in treating cancer, including immunotherapy drug KEYTRUDA. Perlmutter also addresses concerns over the high price of drugs.

  • The case for more antibiotics

    A drug resistant bacteria is putting health officials on high alert, in which some are looking at the need for new antibiotics. Ezekiel Emanuel, Center for American Progress, discusses the dangers of over-prescription, and urges creation of new antibiotics.

  • Superbug found in US for first time

    Health officials report the first case of a patient with an infection resistant to all known antibiotics.

  • May 17- Walgreens Boots Alliance Inc. is making the opioid antidote naloxone available without a prescription in all its pharmacies in New Mexico, part of a plan to make the drug readily available in 35 states by the end of this year. The drugstore chain has already made naloxone available without a prescription in Alabama, Indiana, Massachusetts, New Jersey, New...

  • May 17- Walgreens Boots Alliance Inc said on Tuesday it would no longer require a prescription for the opioid antidote naloxone at all of its pharmacies in New Mexico. Naloxone, administered by injection or nasal spray, can be used in the event of an overdose to reverse the effects of heroin and other opioid drugs. The drug store chain, which operates more than 70...

  • Capsule delivery service

    Capsule says its home-delivery prescription service will be faster and simpler for many consumers.

  • Tylenol could do more than relieve pain

    Researchers claim acetaminophen, the active ingredient in the medicine can decrease empathy.

  • Majority of Americans want to ban TV drug ads

    More than half of respondents say they would support removing prescription drug advertisements from TV.

  • CVS boosted its specialty pharmacy business, which provides drugs to people with expensive chronic conditions such as rheumatoid arthritis, with its $10.1 billion acquisition of Omnicare Inc in August 2015. The company's net income fell to $1.15 billion, or $1.04 per share, from $1.22 billion, or $1.07 per share, due to higher interest expenses and acquisition...

  • May 3- CVS Health Corp, the No. 2 U.S. drugstore chain by store count, reported a 19 percent rise in quarterly revenue, helped by strong demand for its pharmacy benefit management services. Net revenue rose to $43.22 billion in the first quarter ended March 31 from $36.33 billion a year earlier. The company's net income fell to $1.15 billion, or $1.04 per share, from...

  • April 21- Walgreen Co agreed to reform its advertising practices and pay $500,000 to settle allegations its Walgreens and Duane Reade stores in New York overcharged consumers at the register and used price tags that fooled them into thinking they were getting great deals. The settlement with the largest U.S. drugstore chain, a unit of Walgreens Boots Alliance...

  • Managing drug costs

    Best ways to reduce your prescription drug expenses – from using online retailers to getting 90-day supply.

  • Walgreens, which is in the process of buying smaller rival Rite Aid Corp, said in April last year that it had identified ways to cut costs by $1.5 billion by the end of its fiscal year in August 2017. Walgreens said on Tuesday that it achieved net synergies of $329 million in the second quarter ended Feb. 29 from its acquisition of the 55 percent it did not already own in...

  • NEW YORK, April 4- For much of the last three years, investors have been willing to pay more for expected profit at Walgreens than for competitor CVS, but the pharmacy chain may be losing that edge on Wall Street. Evercore ISI analyst Ross Muken rates both stocks as "buys," but said that most investors choose between the companies, with Walgreens now representing a...

  • Clinical trial for preventing migraines

    CNBC's Meg Tirrell reports on data from clinical trials by Alder and its migraine drug ALD403.

  • NEW YORK, March 17- OptumRx, the pharmacy benefit manager of UnitedHealth Group Inc, said on Thursday it signed an agreement with Walgreens Boots Alliance that is the first step in a strategic relationship with the pharmacy chain. The model puts OptumRx on more equal footing with its two largest competitors, CVS Health- which is made up of pharmacies and a pharmacy...

  • Positive study for marijuana-based drug to treat seizures

    GW Pharmaceuticals CEO Justin Gover, discusses the potential for Epidiolex for the treatment of Dravet syndrome.

  • March 2- Wal-Mart Stores Inc said on Wednesday that prescription history and other basic information on a few thousand online U.S. pharmacy customers may have been visible to other users during a four-day stretch last month due to a coding mistake. "We had a software coding error for a 72- hour period from February 15 to 18 that affected a limited group of online...

  • March 2- U.S. drug distributor McKesson Corp said it would buy drugstore chain Rexall Health from Katz Group for C $3 billion to strengthen its position in Canada's pharmaceutical supply chain. The deal will give McKesson access to about 470 retail pharmacies, and help leverage its existing assets in the country, particularly in Ontario and Western Canada, the...