Latest Pharmacy operators News

US sanctions Argentina-based online pharmacy

May. 23, 2019 12:24 PM EDT

WASHINGTON (AP) — The United States on Thursday designated the Argentina-based online pharmacy Goldpharma and eight Argentine citizens as significant foreign narcotics traffickers. The Department of the Treasury's Office of Foreign Assets Control said in a news release that Goldpharma sells illicit opioids...

Maker of OxyContin gets hit with another state lawsuit

May. 14, 2019 4:58 PM EDT

PHILADELPHIA (AP) — The company that makes OxyContin did not stop pitching the powerful opioid painkiller to doctors even when its sales representatives raised concerns that they were prescribing the drug inappropriately, the Pennsylvania attorney general's office said in a lawsuit announced Tuesday. The...

CVS beats all around and ups expectations for the year

May. 1, 2019 12:39 PM EDT

Earnings power from a major acquisition helped raise CVS Health's profit 42% in the first quarter, and the company hiked its 2019 forecast after starting the year with a more pessimistic outlook. The drugstore chain and pharmacy benefit manager set a new full year earnings forecast largely above Wall Street...

Nebraska must give lethal injection info to Arkansas lawyers

Apr. 26, 2019 12:40 PM EDT

LINCOLN, Neb. (AP) — Nebraska must turn over information to Arkansas death row inmates' attorneys about where it acquired a drug that was used in a recent lethal injection. The U.S. Court of Appeals for the 8th Circuit denied a motion Tuesday that would've given Nebraska a reprieve from carrying out the...

CVS moves into dental care with teeth-straightening service

Apr. 25, 2019 1:50 PM EDT

CVS Health is venturing into dental care with plans to offer a relatively new teeth-straightening service. The drugstore chain said Thursday that it will add SmileDirectClub locations to hundreds of its stores, where customers can get started on getting their teeth straightened without an in-person visit with a...

Indictment: Ex-CEO ignored red flags as opioid crisis raged

Apr. 23, 2019 6:56 PM EDT

NEW YORK (AP) — The pharmaceutical industry executive hit Tuesday with criminal charges stemming from the opioid crisis doesn't have his name on a museum wing, and his company isn't within earshot of Apple or anyone else on the Fortune 500. Even his $1.5 million paycheck was a paltry sum compared to his...

Walgreens to hike minimum age for store tobacco sales

Apr. 23, 2019 2:20 PM EDT

Walgreens has decided to raise its minimum age for tobacco sales several weeks after a top federal official chastised the drugstore chain for violating laws restricting access to cigarettes and other tobacco products. Deerfield, Illinois-based Walgreens Boots Alliance Inc. said Tuesday that it will require...

UnitedHealth beats expectations all around, stock still lags

Apr. 16, 2019 12:27 PM EDT

UnitedHealth Group beat first-quarter expectations and hiked its 2019 forecast, but shares of the nation's largest health insurer continued their slump as investors worry about growing Congressional scrutiny of how the company and its competitors do business. Shares of health insurers and pharmacy benefit...

CVS fined $535K for filling forged Percocet prescriptions

Apr. 16, 2019 11:35 AM EDT

PROVIDENCE, R.I. (AP) — Drugstore chain CVS Health has agreed to pay $535,000 to resolve federal allegations that it filled dozens of Percocet prescriptions its pharmacists should have known were forged. The U.S. attorney for Rhode Island and the head of the Drug Enforcement Administration's New England...

Tesla, Bed Bath & Beyond slip while JetBlue, Caesars rise

Apr. 11, 2019 4:31 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday: Tesla Inc., down $7.64 to $268.42 The electric car maker and partner Panasonic are putting on hold plans to expand their Gigafactory, according to media reports. Bed Bath & Beyond Inc., down $1.70 to $17.71 The home goods...