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Mon news: AZ obesity pill. 50% of drug shortages last at least 2 years. Pharmas and IRA lawsuit appeals. Novo-Ascendis biobucks deal. Wegovy reduces all-cause hospital admissions. See more on our front page
Drugstore chain Rite Aid Corporation (NYSE: RAD) reported a narrower loss from continuing operations in the fourth quarter as it delivered the third consecutive quarter of same-store pharmacy sales and prescription count growth. The bottom line exceeded analysts’ expectations while the top line...
Walgreens to buy pharmacy files from 185 Fred's stores for $165 million. Walgreens will be strengthening their presence in Southeastern US through this deal. https://news.alphastreet.com/walgreens-acquires-freds-inc-pharmacy-165-million/
Amazon has entered into healthcare space by acquiring online pharmacy Pillpack. This will be a real blow for drugstore companies like Walgreens, Rite Aid, CVS Health and many more. So, will they deliver drugs through online orders without prescriptions or will they have some restrictions...