Supply Chain

New orders for manufactured durable goods — products meant to last more than three years — spiked in October due to a rising demand for machinery and other equipment, according to a report from the U.S. Department of Commerce.

Chicago-based OptumRx will partner with Woonsocket, R.I.-based CVS Pharmacy to develop a new pharmacy network solution. Through the strategic partnership, the companies hope to provide more medication options and lower costs for consumers and clients.

Premier, a group purchasing organization based in Charlotte, N.C., will pay $325 million to acquire two GPOS, Innovatix and Essensa Ventures, from the Greater New York Hospital Association. Under the agreement, GNYHA is also eligible for an additional $43 million…

Tapestry Solutions, a subsidiary of Boeing Co., recently launched the Enterprise Sensor Integration software, which harnesses the power of the Internet of Things to improve supply chain operations, reports DCVelocity.

While many Americans flocked to stores this Thanksgiving and Black Friday to take advantage of holiday season deals, even more consumers turned to the web to make their purchases, according to The Wall Street Journal.

The U.S. Senate Judiciary Committee postponed a hearing for Mylan after the drugmaker, the Department of Justice and CMS all refused to send officials to the Nov. 30 meeting, reports Reuters.

While it is a common belief that more competition in the pharmaceutical industry will help contain high drug costs, Pfizer and Eli Lilly's rivalry over their erectile dysfunction drugs proves otherwise.

Here are the five latest drugs or medical devices approved by the Food and Drug Administration.

In a recent post, Ashok Muttin, founder and CEO of SupplyCopia provides a great place to start when looking for data-driven innovation for your healthcare supply chain.

The role of patient's in determining the direction of medical research is expanding, according to an NPR report.