Industry Advocacy

The import tax proposal has officially been removed from the tax reform plan — which is welcome news for retailers across the industry.

On Thursday, congressional and administration leaders announced they would remove the Border Adjustment Tax from consideration, and announced an outline for comprehensive tax reform. The BAT provision would have ended importers’ ability to deduct the cost of merchandise purchased from other countries. 

ARLINGTON, Va. — The National Association of Chain Drug Stores is commending congressional leaders and the White House for setting aside consideration of a border adjustment tax — a decision reached late this week.

WASHINGTON —  The Council for Responsible Nutrition on Wednesday announced that the Supplement OWL (Online Wellness Library), the dietary supplement product registry, is the recipient of a 2017 Power of A Silver Award.

The Power of A Awards, presented by the American Society of Association Executives, showcases association initiatives that leverage their resources to solve problems, advance industry and professional performance, kick-start innovation and improve world conditions.

LAS VEGAS — At last week’s Good Neighbor Pharmacy ThoughtSpot 2017, AmerisourceBergen rolled out new solutions for independent pharmacies while focusing on the role independents can play in shaping the healthcare landscape through advocacy.

SILVER SPRING, Md. — The Food and Drug Administration’s efforts to improve competition in the generics market — its Drug Competition Action Plan — is officially underway. The regulator held an open meeting on July 18, at which FDA commissioner Scott Gottlieb said would be the beginnings of a new internal strategy for dealing with abbreviated new drug applications, as well as a guidance on the best submission practices.

WASHINGTON – The Natural Products Association on Thursday continued their strong membership growth during the second quarter of 2017, welcoming 34 new members to the organization.

WASHINGTON — The Association for Accessible Medicines has announced two changes to its federal affairs team. The organization on Monday named Kristin Murphy its director of federal affairs, promoting Michael Brzica to the role of VP federal government affairs.

VALLEY FORGE, Pa. — Good Neighbor Pharmacy on Friday announced a new tool for independent pharmacists designed to help them plan around direct and indirect remuneration, or DIR, fees and hidden cash flow issues surrounding them.