Pharmacy

The frequency of brand-name drug price hikes dropped from about 3,300 increases in 2015 to about 1,800 in 2018, but the amount of those increases still exceeds inflation, according to data compiled by 46brooklyn Research.

Shopko, after filing for Chapter 11 bankruptcy protection this week, plans to auction off 146 pharmacies to shore up finances, according to Forbes.

Bayer will close its campus in Robinson, Pa.,  affecting more than 600 jobs, according to The Pittsburgh Post-Gazette.

The Nebraska Department of Health and Human Services revoked the pharmacy license of a former pharmacy director at Children's Hospital & Medical Center accused of embezzling $4.4 million from the hospital, according to the World-Herald News Service.

After three years of stability, the number of new drug shortages in the U.S. climbed 27 percent in 2018, according to a new analysis cited by STAT.

Walmart will remain part of CVS Health's pharmacy benefit management network, ending a contract impasse between the two retail pharmacy giants.

The FDA is working to increase access and lower the cost of the lifesaving opioid overdose antidote naloxone by making it easier for drugmakers to produce over-the-counter versions of the medication.

Retail pharmacy chain Rite Aid will pay $177,000 to resolve allegations that it violated Massachusetts law by accepting cash payments from Medicaid recipients for controlled substances instead of billing the agency "in a limited number of instances," according to The…

Becker's Hospital Review has reported five drug company layoffs in the last two weeks. They are listed below, beginning with the most recent.

After spending more than 10 years with Methodist Dallas Medical Medical Center as vice president of operations and director of pharmacy, Jon Albrecht, RPh, was appointed to vice president of pharmacy for the Methodist Health System in summer of 2018.