Rite Aid has entered into sale and pharmacy transition agreements involving more than 1,000 stores, including locations being sold to CVS Pharmacy, Walgreens, Albertsons, Kroger and Giant Eagle. CVS will also acquire and operate a number of Rite Aid and…
Pharmacy
Novo Nordisk is moving forward with plans to develop oral obesity drugs through a new partnership, which comes as longtime CEO Lars Fruergaard Jørgensen prepares to step down. The drugmaker launched a partnership with U.S.-based Septerna to develop small-molecule treatments…
The White House has launched a new program focused on leveraging technology and private sector partnerships to find new ways to quickly produce key pharmaceutical ingredients and finished drugs at the point-of-care. The initiative, called Equip-A-Pharma, involves collaborations with Mark…
Compared to early 2024, demand for hospital pharmacists grew in the first three months of 2025, according to data released May 14 from the American Association of Colleges of Pharmacy, which publishes quarterly pharmacy demand reports. In the first quarter…
As pharmacy deserts proliferate across the U.S., particularly in rural areas, Greenville, S.C.-based Prisma Health is utilizing the 340B program to help fill the gap. Jennifer Bair, PharmD, chief pharmacy officer at Prisma Health, told Becker’s that the health system…
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Peoria, Ill.-based OSF HealthCare has become the first mid-to-large integrated health system in the U.S. and the seventh health system overall, to receive the American Society of Health-System Pharmacists’ Certified Center of Excellence designation for medication-use safety and pharmacy practice. …
Madelia (Minn.) Health will close its only pharmacy May 28 due to rising costs. The location is the sole pharmacy in Lake Crystal, Minn., which has a population of 2,539, according to a May 12 Free Press report. The drugstore…
GSK will acquire the liver disease drug efimosfermin from Boston Pharmaceuticals in a deal worth up to $2 billion, The Wall Street Journal reported May 14. The agreement includes a $1.2 billion upfront payment along with an additional $800 million…
As chain pharmacies shutter locations across the U.S., health systems and clinics are stepping in by investing in technology, opening new pharmacies and expanding services to ensure patients can access their medications, according to a May 13 report from the…
The FDA and CDC recommended a pause in administering Ixchiq, a chikungunya vaccine, in adults ages 60 and above after 17 serious adverse events, including two deaths. About 80,000 Ixchiq doses have been distributed globally, according to a May 12…