Food and Staples Retailing Drug Retail

  • *Q3 US retail sales up 0.1 pct vs. estimates of 0.7 pct. Co has been investing to revive U.S. retail business. July 6- Walgreens Boots Alliance Inc, the No.1 U.S. drugstore operator by store count, reported a lower-than-expected increase in quarterly sales, hurt by weak demand for over-the-counter drugs and other products.

  • *Q3 US retail sales up 0.1 pct vs. estimates of 0.7 pct. July 6- Walgreens Boots Alliance Inc, the No.1 U.S. drugstore operator by store count, reported a lower-than-expected increase in quarterly sales, hurt by weak demand for over-the-counter drugs and other products. The company also said on Wednesday it was bracing for a long period of volatility following...

  • *Q3 adjusted EPS $1.18 vs. estimates $1.14. July 6- Drugstore operator Walgreens Boots Alliance Inc reported a better-than-expected profit for the third quarter, helped by cost cuts and higher sales of Medicare Part D drugs in the United States. Walgreens did not say how, if at all, Britain's vote to leave the European Union would affect its business.

  • 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...

  • Clinical trial for preventing migraines

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

  • 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.

  • Ex-drug CEO Shkreli tweets response House committee

    The House Oversight Committee wants Turing Pharmaceuticals founder Martin Shkreli to testify on the issue of raising drug prices, reports CNBC's Eamon Javers.