Chain Pharmacy

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There are more than 50 million children in the US, most of whom receive some sort of medication during their childhood. That may be one reason niche pharmacies are becoming more popular.

Gregory D. Wasson has been appointed as Walgreens Chief Executive Officer and a director of the company effective Feb. 1, the company recently announced.

Three pharmacy owners and four pharmacists were among 12 people recently indicted for participating in a conspiracy that dispensed and sold thousands of dosages of anabolic steroids ? including powerful veterinary steroids approved for animal use only ? to users throughout the United States.

Pfizer Inc., the world?s largest drug maker, has secured the financing for a reported $60 billion-plus bid for Wyeth, according to news reports.

The slumping U.S economy and government regulations will cause pharmacy sales to grow only around 1.3 percent rate in 2009, according to new research presented last week at the American Society for Automation in Pharmacy?s Industry and Technology Issues in St. Petersburg, Fla.

While the generic drug discount programs offered at most chain pharmacies have saved patients billions of dollars, they have also cut into pharmacies? gross profit margins.

Boston has followed San Francisco's lead and has banned pharmacy tobacco sales. It went even further and banned cigarette sales on college campuses.

A civic group has collaborated with Georgia Power and Home Depot to provide price discounts on emergency generators to pharmacies in the community of Buckhead, Georgia.

CVS Caremark Corp. recently announced that it successfully completed the subsequent offering period of its tender offer for all of the outstanding common stock of Longs Drug Stores Corp.