Content about Natural Disaster

The generic drug tidal wave became a tsunami in 2012, with some of the world's top-selling pharmaceuticals swamped by generic competition, and health plan payers scrambling to reap billions of dollars in financial savings.

DEERFIELD, Ill. — Responding to Monday’s devastating tornado in the Oklahoma City area, Walgreens this week mobilized increased shipments of essential supplies to its area stores; made an initial donation of three semi-trailers of food, water and first aid supplies to the Oklahoma chapter of the American Red Cross; and offered customers an opportunity to make donations at its Oklahoma drug stores.

WOONSOCKET, R.I. — The increased availability of generics combined with CVS Caremark's generic dispensing rate of 77.4% helped reduce spending on traditional medications by 3.6% for the company's commercial clients, according to its newly released annual insights report, which reviews drug trend and highlights key issues in pharmacy care.

CVS Caremark's GDR is the result of two elements.  First, 2012 marked a high point in the flood of generic launches, with the estimated market value of brands that lost their patents in 2012 exceeding $35 billion. 

BOSTON — The Boston Licensing Board will decide whether Walgreens' flagship store at School and Washington streets, expected to open its doors in April, can sell fresh merchandise like sushi, smoothies and coffee around the clock, according to a report published Wednesday by Universal HUB. 

AMSTERDAM — Keeping stores open during Hurricane Sandy was one of the factors that contributed to an increase in total store sales and comps in the fourth quarter and fiscal year 2012 for Ahold USA, the supermarket operator's Dutch parent company said Thursday.

Ahold attributed its 4.3% increase in sales in the fourth quarter, to $6.1 billion, partially to the Hurricane Sandy effort. The quarter also saw comps increase by 2.4%, while full year sales were $25.8 billion, a 3.1% over 2011, as comps increased by 1.4%.

As spring approaches, people with allergies can blame global warming for some of their suffering, according to the American College of Allergy, Asthma and Immunology. Weather conditions have a significant effect on the levels of pollen and mold in the air, which affects the severity of allergies.

That suggests mold allergens could be particularly prominent this spring given the extent of drought across the United States — dry and hot weather lifts molds from the soil to be carried by the air. In addition to tree pollen, springtime mold contributes to hay fever.

ATLANTA — If the flu were a storm cloud, the influenza virus is hovering over America's Bread Basket on its way to the Southwest, according to data provided through the U.S. Outpatient Influenza-like Illness Surveillance Network. 

The Centers for Disease Control and Prevention on Friday reported that 4.3% of patient visits reported through ILINet were due to influenza-like illness, above the national baseline of 2.2%. But as the map indicates, influenza rates are declining up and down the East Coast and is most virulent in Texas and states west.

MOBILE, Ala. — A video depicting a tornado blowing through the parking lot of a Walgreens was posted to YouTube on Wednesday. The footage captures both shoppers and store employees reacting to the tornado with footage from both outside and inside the store. 

DEERFIELD, Ill. — Walgreens on Thursday announced $100,000 in additional donations to Hurricane Sandy relief efforts. The company, which includes Duane Reade in New York and New Jersey, is making two $50,000 contributions, one to the Empire State Relief Fund announced by New York Gov. Andrew Cuomo, and the other to the Hurricane Sandy New Jersey Relief Fund established by Gov. Chris Christie.

CAMP HILL, Pa. — As expected, Hurricane Sandy left its mark on Rite Aid's monthly sales as the chain reported a decline in comps for November.

The company said the 3% decrease in same-store sales for the five-week period ended Saturday included a 0.5% decrease in front-end comps and a 4.2% decrease in pharmacy comps, while same-store prescription count increased 2.2% compared with the same time last year.

NEW YORK — As New York City enjoyed the first snowfall of the winter season, industry leaders gathered for the 14th annual Industry Issues Summit to discuss the top issues and trends impacting the industry, including the importance of seizing “whitespaces.”

The all-day event was held on Tuesday at the New York Athletic Club, located just across the street from Central Park.

NEW YORK — As part of the cleanup and relief effort in the wake of Hurricane Sandy, one New York City public school teacher is trying to do her part to help moms bring some normalcy back into their lives.

Building on the belief of “look good … feel good,” Jamee Schleifer, a dance teacher at PS 253 (3D Dance Company, Momz N Da Hood) is turning to pharmacies and cosmetic companies in an effort to collect makeup for the moms of students at PS 253. The goal: to make “kits” to give to 800 children to give to their moms.