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What is going on with America’s drug stores?

“We are at a point where the current pharmacy model is not sustainable.”

Pharmacy Chain Closing 1,200 Locations Across The Country

iheart – Walgreens is planning a significant scale-down in operations over the next few years. The national pharmacy chain said that it will be closing around 1,200 stores across the country over the next three years. While Walgreens' fourth-quarter earnings beat expectations, the company still reported a net loss of $3 billion, which mostly stems from a writedown of CareCitrix, a Chinese pharmaceutical chain and a home care provider. "Walgreens spent years building its business through acquisitions...

Pharma giant to pay $2.2bn over Zantac cancer claims

GSK has reached agreements with law firms representing around 80,000 claimants.

CVS Warns Of More Than 1,000 Layoffs Around New England Headquarters

KFF HEALTH NEWS – In letters to the respective states warning of the upcoming layoffs, CVS signaled its plans to cut more than 630 jobs at it's Woonsocket, Rhode Island, headquarters. Another 416 employees of the pharmacy giant's Aetna subsidiary in Hartford, Connecticut, will also be laid off. The Boston Globe: CVS To Cut More Than 630 Jobs Based At Rhode Island Headquarters CVS Health is expected to cut more than 630 employees who report to...

Are you taking pills the wrong way?

Experts explain the best ways to take a pill.

Millions are Taking a Drug that Falls Short of its Promise to Lower Risk of Heart Attack

MEDCITY NEWS – While fibrates are proven to lower triglyceride levels, which can serve as a biomarker for cardiovascular disease risk, several major clinical studies from the past 20 years have failed to show a benefit of fenofibrates over and above statins in further reducing heart-related events. For the past century, heart disease has remained the leading cause of death in the United States. Fortunately, as our understanding of the disease has evolved over time, we...

FTC sues insulin middlemen, saying they pocket billions while patients face high costs

Over the last two decades, the cost of insulin drug shot up 600% — forcing many Americans with diabetes to ration their medication and jeopardize their health.

High doses of ADHD drugs linked to a greater risk of psychosis

NBC NEWS – Taking a high dose of ADHD drugs is linked to more than five times greater risk of developing psychosis or mania, according to a new study published Thursday in the American Journal of Psychiatry. The research is among the first to find a relationship between escalating doses of the drugs — amphetamines, in particular — and a greater likelihood of psychotic symptoms. The drugs include Adderall, Vyvanse and generic amphetamines, such as dextroamphetamine. The...

With TV Drug Ads, What You See Is Not Necessarily What You Get

KFF HEALTH NEWS – Triumphant music plays as cancer patients go camping, do some gardening, and watch fireworks in ads for Opdivo+Yervoy, a combination of immunotherapies to treat metastatic melanoma and lung cancer. Ads for Skyrizi, a medicine to treat plaque psoriasis and other illnesses, show patients snorkeling and riding bikes — flashing their rash-free elbows. People with Type 2 diabetes dance and sing around their office carrels, tipping their hats to Jardiance. Drugs now come...

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