Latest Pharmacy operators News

Tips for using flexible spending dollars before year's end

Dec. 11, 2019 4:33 PM EST

TRENTON, N.J. (AP) — Still have money set aside for medical expenses that you need to spend by the end of the year? There are plenty of ways to meet the deadline for flexible spending accounts, and you don't need to buy big-ticket items. You can use up the balance on everyday purchases like bandages and...

Global stocks sink ahead of US tariff deadline

Dec. 10, 2019 8:14 AM EST

BEIJING (AP) — Stock markets around the world fell sharply Tuesday as nervous investors watched a rapidly approaching deadline for more U.S. tariffs on Chinese imports. Markets also have their eyes on American and European interest rate decisions coming this week and the outcome of Britain's general...

California fines CVS $3.6 million for failing to recycle

Dec. 9, 2019 9:24 PM EST

SACRAMENTO, Calif. (AP) — California is fining the nation's largest pharmacy health care provider a record $3.6 million for failing to redeem deposits on bottles and cans at some of its locations, regulators said Monday. The California Department of Resources Recycling and Recovery, better known as...

ArQule and Fate Therapeutics soar; Sanofi and Diplomat fall

Dec. 9, 2019 4:35 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Monday: Sanofi, down 73 cents to $45.30 The drug developer is buying biotechnology firm Synthorx, which focuses on potential cancer treatments, for $2.5 billion. ArQule Inc., up $10.04 to $19.70 The biotechnology company is being bought...

UnitedHealth plans bargain bid for Diplomat Pharmacy

Dec. 9, 2019 10:35 AM EST

UnitedHealth plans to acquire Diplomat Pharmacy at a steep discount about a month after the specialty drug provider said it may not be able to make its debt payments. United Health Group's OptumRx said Monday that the company will spend $4 for each share of Diplomat in a cash tender offer. That’s 31%...

US report: Prescription drug prices down slightly last year

Dec. 5, 2019 4:03 PM EST

WASHINGTON (AP) — Prices for prescription drugs edged down by 1% last year, a rare result driven by declines for generics and slow, low growth in the cost of brand-name medications, the government said Thursday. Though modest, it was the first such price drop in 45 years, according to nonpartisan economic...

Tech Data, Diplomat Pharmacy rise; Helmerich & Payne falls

Nov. 29, 2019 2:17 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday: Tech Data Corp., up $15.89 to $144.89 Shares surged after Apollo Global Management raised its offer to buy the technology company to $145 per share in cash from $130. Helmerich & Payne Inc., down 93 cents to $39.53 The...

Opioid trial against pharmacy chains scheduled for next year

Nov. 19, 2019 5:06 PM EST

CLEVELAND (AP) — A judge overseeing 2,500 federal lawsuits related to the nation’s opioid crisis has scheduled a trial for late next year over the role played by major pharmacy chains. U.S. District Court Judge Dan Polster in Cleveland ruled Tuesday that he would hear a case next October brought by...

Agency sues Colorado pharmacy board for prescription data

Nov. 12, 2019 4:36 PM EST

DENVER (AP) — The federal Drug Enforcement Administration is seeking access to Colorado's prescription information in a lawsuit sparking a dispute over privacy. The Colorado Sun reported Monday that the DEA's lawsuit filed in federal court in Denver requests data from the State Board of Pharmacy's database...

Markets Right Now: Stocks fall on uncertainty over trade

Nov. 11, 2019 4:14 PM EST

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are closing slightly lower on Wall Street Monday as traders look for clarity on the status of trade talks between the U.S. and China. Comments from President Trump on Saturday created some uncertainty about...