A former pharmacist from Texas was sentenced to two years in federal prison for his role in a kickback scheme that scammed U.S. military health insurer Tricare out of more than $100 million, according to The Dallas Morning News.

U.S. News & World Report and Pharmacy Times, released their annual list of top recommended health products.

Roche has selected Thomas Schinecker to serve as CEO of Roche Diagnostics, effective in August.

CVS Health has launched a new platform that will allow its pharmacy benefit management clients to better manage contracts with third-party health and wellness vendors.

In total, 48 states and the District of Columbia have sued Purdue Pharma. Here is a breakdown of when each state sued the OxyContin maker for its alleged role in fueling the opioid crisis.

A new law in Colorado, signed in May, caps the price of insulin for insured patients at $100 a month. Now, other states may follow suit, according to Wochit News.

Citing "rising and unpredictable healthcare costs," Walgreens said it would no longer subsidize health insurance for its retired employees who hadn't turned 64 by March 31 of this year, according to CNBC.

Insys Therapeutics filed for bankruptcy less than one week after agreeing to pay $225 million to settle a probe into alleged improper marketing of its opioid painkiller, according to Bloomberg.

Ten hospitals and health systems that posted job listings seeking pharmacy leaders in the last week:

Sanofi has selected Paul Hudson, Novartis' pharma chief, to serve as its new CEO, according to Bloomberg.