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The CEO of Insys Therapeutics has stepped down from as the embattled drugmaker continues to wind down operations under bankruptcy protection, according to The Phoenix Business Journal. 

Walgreens plans to close its in-store health clinics to cut costs and will look to outside companies to provide medical services in its stores, according to The Wall Street Journal. 

In an effort to cut costs, an undisclosed number of employees were laid off from Walgreens' corporate headquarters in Deerfield, Ill., according to CNBC. 

Mylan is recalling one lot of its generic version of Xanax, called alprazolam tablets, due to the potential presence of a foreign substance. 

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