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CVS Caremark reported a drop in front-store sales as a result of its decision to phase out tobacco products, but pharmacy sales drove second-quarter earnings past Wall Street expectations.

Walgreens told investors its intention to acquire its remaining 55% interest in European pharmacy giant Alliance Boots-and that the company will continue to be based in the United States.

At the recent McKesson ideaShare 2014 meeting in Orlando, Health Mart introduced four new courses designed to help its independent pharmacies market their services.

Kermit Crawford, employed by Walgreens in various capacities over the past three decades, is retiring as the chain’s president of pharmacy, health, and wellness, the company announced today.

Colchicine therapy, an effective anti-inflammatory agent for gout, is a promising treatment for preventing recurrent pericarditis. However, some patients have discontinued its use because of gastrointestinal intolerance, according to a report published online for the American Journal of Health-System Pharmacy, which will appear in the August 1 edition.

First Google. Now FedEx. The shipping giant was recently indicted by a federal jury in San Francisco for "knowingly and intentionally” conspiring to distribute substances from unauthorized pharmacies.

CVS Caremark announced that it plans to purchase the Miami-based Navarro Discount Pharmacy chain, which includes 33 retail drug stores and a special pharmacy known as Navarro Health Services.