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CVS Pharmacy retains URAC accreditation in Community Pharmacy field

American Pharmacy News Reports | Aug 28, 2017
CVS was the first pharmacy to attain URAC's accreditation.

After a comprehensive review, CVS Pharmacy has retained Community Pharmacy Accreditation from industry benchmark organization Utilization Review Accreditation Commission. Read More »

Takeda Pharmaceuticals partners with Stanford to create Stanford AIM

Mark Iandolo | Aug 24, 2017
Stanford AIM will encourage academic and industry scientists to collaborate on new medicines.

Takeda Pharmaceuticals Co. Limited recently announced that it will collaborate with Stanford University to form the Stanford Alliance for Innovative Medicines (Stanford AIM) to transform novel Stanford research into next-generation treatments for diseases. Read More »

Ionis Pharmaceuticals retains rights to inotersen after GSK declines option

American Pharmacy News Reports | Aug 24, 2017
Ionis hopes for a commercial launch of inotersen in 2018.

Ionis Pharmaceuticals Inc. will retain all rights to inotersen and IONIS-FB-LRx. Read More »

TMR forecasts surge in insulin delivery market

American Pharmacy News Reports | Aug 23, 2017
In 2016, insulin pens represented 42 percent of the entire device market, well ahead of syringes, pumps, patches and other alternatives.

The international market for insulin delivery devices remains highly competitive with at least six major producers currently dominating the trade, according to Transparency Market Research, which predicts continued growth over the next eight years. Read More »

Regional Cancer Care Associates designated as specialty pharmacy

American Pharmacy News Reports | Aug 21, 2017
Regional Cancer Care Associates ranks among the nation’s largest oncology practitioner networks.

Regional Cancer Care Associates (RCCA) recently announced its attainment of accreditation by URAC, a leading nonprofit health care benchmark group, as a Specialty Pharmacy in Hackensack, New Jersey. Read More »

Ampersand Capital transfers Roadrunner to Vets First Choice

American Pharmacy News Reports | Aug 21, 2017
Roadrunner provides individualized prescription products to veterinary clinics and pet owners nationwide.

Health care investment firm Ampersand Capital Partners recently divested its former portfolio firm Roadrunner Pharmacy in a deal transferring Roadrunner to Vets First Choice after five years of supported growth in revenue and EBITDA. Read More »

Express Scripts expands program to limit opioid prescriptions

John Breslin | Aug 18, 2017
One in five users who start on a 10-day supply of opioid medication become long-term users.

Express Scripts, one of the largest pharmacy benefit managers (PBMs) in the country, has announced the expansion of a pilot program that limits opioid prescriptions to seven days without prior authorization. Read More »

CPPA awards accreditation to PANTHERx Specialty Pharmacy

American Pharmacy News Reports | Aug 16, 2017
Specialty pharmacies provide services that help patients achieve desired, cost-effective outcomes.

The Center for Pharmacy Practice Accreditation has awarded PANTHERx Specialty Pharmacy a practice accreditation. Read More »

Pharmacy association's executive director responds to DIR fee report

American Pharmacy News Reports | Aug 15, 2017
Sheila Arquette said the study is one of many in a long line paid for by pharmacy benefit managers.

National Association of Specialty Pharmacy Executive Director Sheila Arquette recently responded to a report on direct and indirect remuneration fees commissioned by the Pharmaceutical Care Management Association. Read More »

Pharmacy Times ranks highest for ad visibility and readership

American Pharmacy News Reports | Aug 10, 2017
Pharmacy Times’ departments work together to deliver content on the evolving pharmacy industry.

Pharmacy Times, the leading media resource for pharmacists and the pharmacy industry, ranked highest in ad visibility and highest in readership in the 2017 Kantar Media Pharmacy Readership study. Read More »

Dexrazoxane from Cumberland Pharmaceuticals approved for U.S. oncology patients

American Pharmacy News Reports | Aug 8, 2017
Totect is approved by the U.S. Food and Drug Administration as an oncology intervention.

Cumberland Pharmaceuticals, specializing in therapies for underserved populations, has begun shipping its Totect brand of dexrazoxane, for alleviating certain side effects of chemotherapy during cancer treatment, to U.S. wholesalers. Read More »

Zoetis acquires Nexvet Biopharma for pet pain management products

American Pharmacy News Reports | Aug 8, 2017
Zoetis’ product line features chronic pain management meds for dogs and cats.

Animal health specialist firm Zoetis of Parsippany, New Jersey recently completed an approximately $85 million acquisition of Irish biologic therapeutics business Nexvet Biopharma PLC, with the deal expected to boost the company’s market share. Read More »

Spectrum Pharmacy Products and IPA form partnership

American Pharmacy News Reports | Aug 8, 2017
Spectrum will offer IPA members some of the broadest selection of compounding chemicals in the industry.

Spectrum Pharmacy Products, a top manufacturer and distributor of pharmaceutical chemicals and supplies, is partnering with the Independent Pharmacy Alliance (IPA), a retail pharmacy and trade group that represents thousands of pharmacies in the Northeastern U.S., PR Newswire reported. Read More »

Innovus Pharma seeks to release hemorrhoid pain relief cream in Canada

American Pharmacy News Reports | Aug 7, 2017
The drug is a

Innovus Pharmaceuticals Inc., an expanding commercial-stage medication company that provides over-the-counter products for both men and women, will be filing a product licence application in Canada for its drug, Xyralid. Read More »

LabCorp to acquire Chiltern in $1.2 billion cash deal

American Pharmacy News Reports | Aug 7, 2017
Chiltern expects 2017 revenue of approximately $550 million.

LabCorp, a provider of diagnostic solutions and breakthrough medicines, recently announced plans for its all-cash acquisition of international contract research firm Chiltern of England for approximately $1.2 billion, enhancing LabCorp’s portfolio and capabilities. Read More »

Insys Therapeutics rolls out ‘milestone’ Syndros formula

American Pharmacy News Reports | Aug 6, 2017
Dronabinol is a pharmaceutical cannabinoid.

Phoenix-based Insys Therapeutics Inc. recently revealed that its new branded liquid formulation Syndros (dronabinol oral solution) is on the market to address side effects of AIDS and chemotherapy such as weight loss and related symptoms. Read More »

Biologics named limited distributor of Nerlynx

American Pharmacy News Reports | Aug 6, 2017
Biologics uses a “high-touch care model” emphasizing a team approach to the patient’s experience.

Los Angeles-based Puma Biotechnology Inc.’s FDA-approved Nerlynx (neratinib) tablets — a kinase inhibitor developed to treat breast cancer — will be circulated by Cary, North Carolina’s Biologics Inc. as per a limited distribution agreement between the companies. Read More »

Vizient releases Drug Price Forecast for 2018

Mark Iandolo | Aug 6, 2017
Health systems should see a 7.61 percent average increase in price on pharmaceutical purchases in 2018.

Vizient Inc. recently released its July 2017 Drug Price Forecast, which provides pharmacy leaders and health system executives with insights on pricing and practice changes throughout the pharmaceutical industry. Read More »

EnvisionRx receives renewed accreditation from URAC

American Pharmacy News Reports | Aug 4, 2017
EnvisionRx has URAC accreditation for drug therapy management.

EnvisionRx, a pharmacy benefit manager (PBM) and division of EnvisionRxOptions, a wholly owned subsidiary of Rite Aid Corporation, recently announced that the health care accrediting organization URAC renewed the company’s accreditation for pharmacy benefit management. Read More »

Accord acquires rights to sell Custodiol HTK Solution

American Pharmacy News Reports | Aug 3, 2017
The acquisition gives Accord the rights to sell Custodiol HTK Solution.

Accord Healthcare has acquired Essential Pharmaceuticals, a New Jersey company that provides products, services and contributions to transplant medicine. Read More »

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