pharmacy

CVS Caremark has agreed to pay $77.6 million in fines for illegally selling a chemical, common in some cold and cough medicines, that ended up being used to make methamphetamine.

Drugstore chain Walgreen Co. (WAG) posted earnings of 49 cents per diluted share for the quarter, compared with 44 cents per share a year ago. Sales for the quarter rose 7.4% to $16.9 billion in the quarter ended Aug. 31, the company said in a statement. Comparable store sales, not including...

Novartis (NVS) agreed to sell the U.S. rights to bladder medicine Enablex for $400 million. Ireland-based Warner Chilcott will take over the marketing, sales and manufacturing of the drug in the United States, Novartis said in a statement. The deal is expected to close by the end of October....

Rite Aid Corporation (RAD) announced a quarterly loss of 23 cents per diluted share, compared to a loss of 14 cents per share a year earlier, thanks to refinancing costs and falling revenues. Revenue for the quarter ending Aug. 28 was $6.2 billion, compared with $6.3 billion a year earlier, the...

Looking for stocks that could move fast? Hilary Kramer, editor of GameChangerStocks.com, recommends taking a look at two lesser-known pharmaceuticals, Shire and Medco Health Systems, that she says will benefit greatly in the near term.

Gift card offers to transfer prescriptions are heating up again. In the past month I've received three offers through the mail for a $25 gift card if I transfer a prescription. This latest offer has a printable online coupon for a prescription transfer bonus at Kmart. You can get a $25 Kmart gift...

You don't have to be a New Yorker to recognize Duane Reade, the city's predominant drug chain. Now, New York's iconic Duane Reade drug stores has fallen into the clutches of a national retailer. Walgreens is acquiring the 50-year-old chain for $1.1 billion. Walgreens is the largest national...

Walgreens said Wednesday it will acquire drugstore chain Duane Reade from affiliates of private equity firm Oak Hill Capital Partners for $1 billion in cash, which includes assumption of the New York-based drugstore chain's debt.

This year Americans will spend $43 billion on their pets, including $10 billion on over the counter supplies and drugs and another $10 billion on vet care (which usually includes prescription drugs). Every year we spend more and more on dogs and cats, but there's one area we can save some money:...

Maybe I should be writing this from an underground bunker. It's true that I have an overactive imagination, but I can't help but half-wonder if the American pharmaceutical industry will read this post and then send some overgrown thug named Knuckles to have a talk with me.Because, you know, they...