*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 Pharmaceutical Industries' Yitzhak Peterburg says business is running as usual as it is still too early to determine Brexit's impact.
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.
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.
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 says its home-delivery prescription service will be faster and simpler for many consumers.
Researchers claim acetaminophen, the active ingredient in the medicine can decrease empathy.
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...
Best ways to reduce your prescription drug expenses – from using online retailers to getting 90-day supply.
CNBC's Meg Tirrell reports on data from clinical trials by Alder and its migraine drug ALD403.
GW Pharmaceuticals CEO Justin Gover, discusses the potential for Epidiolex for the treatment of Dravet syndrome.
The House Oversight Committee wants Turing Pharmaceuticals founder Martin Shkreli to testify on the issue of raising drug prices, reports CNBC's Eamon Javers.
CNBC's Meg Tirrell reports on the ups and downs for Chimerix's experimental drug brincidofovir.
CEO and MD Christina Holgate tells CNBC why the Supplement brand Blackmores decided to open its first retail store.