PITTSBURGH Giant Eagle last week announced that its free antibiotics program, launched in September of last year, has resulted in more than $3 million in free prescriptions for customers in the company's four-state operating area.
CAMP HILL, Pa. Rite Aid raised more than $5.1 million in 2009 for Children's Miracle Network, an international, nonprofit organization that raises funds for more than 170 children’s hospitals, the chain announced Monday.
WHAT IT MEANS AND WHY ITS IMPORTANT Some investors quoted in published reports foresee huge gains for such retail pharmacy chains as CVS and Walgreens, as blockbuster drugs like Pfizer’s Lipitor (atorvastatin) and Sanofi-Aventis’ and Bristol-Myers Squibb’s Plavix (clopidogrel bisulfate) come off patent and face generic competition, but they would do well to remember an important factor: the patent cliff.
