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As the American population is aging, so are retail pharmacy owners. In light of this reality, it is in the best interest of pharmacists and pharmacy owners to have a succession plan in place when they retire or prepare to sell their businesses, said Robert Wilbur, PharmD, pharmacy specialist with The Healthcare Acquisitions Group, Coral Gables, Fla., addressing attendees at the recent McKesson?s Pharmacy Strategies Conference in Orlando, Fla.

The National Community Pharmacists Association (NCPA) recently wrote to a key standards-setting body requesting action on a number of regarding a new Internal Revenue Service requirement meant to ensure flexible spending account debit cards are used properly that is seen by the association as problematic.

The National Community Pharmacists Association (NCPA) is still working to urge Congress to exempt community pharmacies from the Oct. 1 accreditation and surety bond requirements needed to continue providing durable medical equipment, prosthetics, orthotics and supplies (DMEPOS) to Medicare patients.

Earlier this week at the annual meeting of the American Association of Colleges of Pharmacy (AACP) in Boston, Mass., teams of pharmacy students from three universities were named as finalists in the Pruitt-Schutte Student Business Plan Competition sponsored by the National Community Pharmacists Association (NCPA).

Congress gave the Food and Drug Administration (FDA) jurisdiction over tobacco in June, but don?t look for any quick changes in tobacco policy, products, or marketing. The agency is asking the public for guidance before jumping into regulation.

Two new designs from Scriptchek add extra label space for patient information on prescription vials. The extended tab label more than doubles available label space. On the rectangular vial, three flat sides offer space for additional patient instructions, and its label offers up to four times more printing space.

While pharmacies have not been immune to the downturn in the U.S. economy, the overall picture does not appear to be one of gloom and doom. For an update on aspects of the big picture for pharmacy, read on.

More than 80 community pharmacists from the National Community Pharmacists Association (NCPA) and several patients met with the Federal Trade Commission (FTC) May 13 to discuss concerns about the impact of the March 2007 CVS/Caremark merger and to urge the FTC to re-examine it.