While prescription drugs have legitimate purposes and are safe when taken as directed, they also pose a risk for abuse and addiction, as well as diversion for illicit use, a director with the U.S. Government Accountability Office (GAO) said. Read More »

Allergan, a global pharmaceutical company, announced Monday it has completed the acquisition of Oculeve, a development-stage medical device company focused on developing novel treatments for dry eye disease. Under the terms of the agreement, Allergan is acquiring Oculeve for a $125 million upfront payment and commercialization milestone payments related to Oculeve's lead development program, OD-01. Read More »

ProCare Pharmacy Benefit Manager (PBM) Inc. on Monday announced that it has entered into an asset purchase agreement to acquire BioScrip Inc.’s PBM business. Read More »

McKesson Ventures, the venture capital arm of McKesson Corporation, on Monday announced that Dave Schulte has been appointed managing director, effective Sept. 8. Read More »

Diplomat Pharmacy Inc. on Monday announced it will offer IRESSA (gefitinib), which was recently approved by the U.S. Food and Drug Administration, as a first-line therapy for a specific type of metastatic non-small cell lung cancer. Read More »

BioScrip Inc. today announced a multi-step plan to improve shareholder value, increase financial flexibility and position BioScrip as a pure play infusion services company focused on high-growth services. Read More »

Acton Pharmacy said late last week that it is partnering with MitoAction to support people with mitochondrial disease, a broad spectrum of disorders that affect an estimated 80,000 Americans. Acton Pharmacy will help expand outreach and support to mitochondrial disease patients by sponsoring MitoAction New England, a social and educational support group for patients and families in the area. Read More »

CVS Health Corp. said on Monday that it has asked heart specialists to revamp guidelines for treating patients with high cholesterol after the launch of new, expensive medications. Read More »

Pharmacy leaders gathered on Thursday night at the sixth annual Next-Generation Pharmacist awards gala to celebrate the 2015 finalists and hear the winners announced. Read More »

The Centers for Disease Control and Prevention's Advisory Committee on Immunization Practices has updated its recommendations regarding use of seasonal influenza vaccines for the 2015–16 season. Read More »

The Hoke County Health Department announced on Friday it has automated pharmacy workflow with Patagonia Health’s built-in pharmacy app. Read More »

Pharmabox, Inc., developer of The Pharmabox Automated Pharmacy, the world's first fully automated retail store containing the top selling brands in the nation, announced on Thursday that the first systems have arrived in Florida. Read More »

The U.S. Department of Justice said the owner and operator of a Los Angeles pharmacy was sentenced to 18 months in prison on Monday for his role in a fraud scheme involving the Medicare Part D prescription drug program. Read More »

Mylan N.V. on Wednesday announced the U.S. launch of Esomeprazole Magnesium Delayed-release Capsules USP, in 20 mg and 40 mg, which are the generic version of AstraZeneca's Nexium. Read More »

Boston Medical Center has received a $1.3-million grant from the Agency for Healthcare Research and Quality to support a demonstration project of pharmacy-based naloxone rescue kits to help reduce opioid addiction and overdose death in Massachusetts and Rhode Island. Read More »

In the August issue of Australian Pharmacist, legal columnist Laetitia Hattingh, from Curtin University, examined the importance of obtaining legally valid consent from patients. Read More »

Optimized Care Network is joining providers in the retail health industry to discuss ways to expand access to healthcare during the Convenient Healthcare and Pharmacy Collaborative today and tomorrow. Read More »

TCGRx, a supplier of pharmacy automation and workflow solutions, today announced the introduction of Beacon Mobile, a handheld device that reduces medication stocking and inventory search time, improving efficiency and increasing accuracy. Read More »

The American Pharmacists Association (APhA) Foundation announced Monday that APhA Chief Operating Officer Elizabeth Keyes will serve as APhA Foundation interim executive director, effective Aug. 14. Read More »

U.S. Sen. Sherrod Brown (D-OH) on Monday introduced new bipartisan legislation, the Stopping Medication Abuse and Protecting Seniors Act, to address prescription drug abuse by cracking down on doctor shopping. Read More »