CVS

WHAT IT MEANS AND WHY IT'S IMPORTANT — Neither one of the co-recipients of this year’s Fantle Award would want you to call it the end of an era. They would both tell you that’s an overstatement.

(THE NEWS: NACDS honors Tom Ryan, Mary Sammons with lifetime achievement awards. For the full story, click here)

WOONSOCKET, R.I. — CVS Caremark is “off to a good start” in 2011 as first-quarter results registered slightly above guidance for both the retail and PBM businesses, and the retail segment continues to gain share. But what president and CEO Larry Merlo wanted to clarify straight away during Thursday morning’s conference was the company’s commitment to its PBM division, and he outlined its plan to further improve PBM performance.

MORRIS PLAINS, N.J. — Visine is looking to help consumers that experience eye irritation and redness during the summer months.

Designed for use by those ages 6 years and older, new Visine Summer Spectrum Relief is designed to treat symptoms and protect eyes from further irritation by helping to supplement the natural tear film.

Visine Summer Spectrum Relief exclusively is available at CVS/pharmacy in the sun care aisle for $3.99 for a 0.5-fl.-oz. bottle.

NEW YORK — Nail treatment company Nutra Nail has announced the launch of two new products — Instant Smudge Repair and Flex-Shield nail hardener.

Nutra Nail Instant Smudge Repair brushes away smudged, nicked, smeared or dented polish. Just brush over the manicure mishap and instantly restore polish to a smooth, shiny finish without removal or reapplication of polish, the company stated.

WOONSOCKET, R.I. — In an effort to further enhance the online experience for its pharmacy benefit management members, CVS Caremark announced it has relaunched Caremark.com.

The updated website, which boasts improved navigation and easy-to-understand language, is enhanced to provide PBM members a comprehensive destination site that allows them to easily manage their prescription benefits.

Caremark.com also sports such new features as:

NEW YORK — In the wake of the tornadoes and flooding that struck many southeastern states, several leading chains have stepped up to offer support for communities impacted by the tragedy, including CVS, Rite Aid, Walmart, <a target="_blank" href="http://drugs

WOONSOCKET, R.I. — CVS Caremark's Charitable Trust, the private foundation managed by CVS Caremark, has donated $75,000 to the American Red Cross in support of relief efforts in Alabama for communities impacted by tornadoes earlier this week.

WOONSOCKET, R.I. — CVS Caremark is expected to complete its acquisition of the Medicare Part D business of Universal American on April 29, the company has announced.

As previously reported, CVS Caremark will pay Universal American shareholders cash consideration of $1.25 billion plus the excess capital in the entities that operate Universal American's Medicare Part D business, less Universal American's outstanding trust preferred securities, which are being assumed by CVS Caremark.