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DUBLIN, Ohio and WOONSOCKET, R.I. — CVS Caremark and Cardinal Health announced on Tuesday the signing of an agreement to form the largest generic sourcing entity in the United States.

Both companies are contributing their sourcing and supply chain expertise to this 50/50 joint venture and are committing to source generic drugs through it. The companies separately announced a three-year extension through June 2019 of Cardinal Health's existing pharmaceutical distribution agreements with CVS Caremark.

LOS ANGELES — Value beauty brand Wet 'n Wild and its global beauty ambassador, eight-time Grammy award-winning artist, Fergie, had a big reason to celebrate on Dec. 5th. Together with Walgreens, they made a $50,000 donation to amfAR, the American foundation for AIDS research, amidst a plethora of celebrity and industry attendees at an exclusive party held at Tao Downtown in the New York City Meatpacking District.
 
The event marked the pop star’s first public appearance since welcoming her first child, Axl Jack Duhamel, this past August.

DEERFIELD, Ill. — More than 11 million Americans had vacation plans disrupted by the flu in 2012, according to Walgreens' recent Impact Survey, the company announced Tuesday.   

STAMFORD, Conn. — Cardinal Health ranked No. 1 in Gartner's fifth annual Healthcare Supply Chain Top 25 ranking. Not including health systems, the top 10 included McKesson at No. 5, BD (6), Johnson and Johnson (7), Walgreens (8) and CVS Caremark (9). 

The Healthcare Supply Chain ranking identifies organizations leading the way in transforming the healthcare value chain to meet new revenue challenges through enhanced service and lower costs with an increasing focus on improved patient outcomes. 

WOONSOCKET, R.I. — In recognition of this year's National Influenza Vaccination Week, which runs Dec. 8 to 14, CVS/pharmacy and MinuteClinic are reminding families that it is not too late to get a flu shot, and are offering a 20% off CVS/pharmacy Shopping Pass to those who get their flu shot at either CVS/pharmacy or MinuteClinic this holiday season.

DEERFIELD, Ill. — Further expanding the scope of preventive healthcare services provided by its pharmacists, Walgreens as of Monday is now offering daily testing for cholesterol, blood glucose and body composition at more than 60 stores in Maryland. 

Each test also includes a free blood pressure reading and personal consultation with a Walgreens pharmacist.

FREDERICK, Md. — BioElectronics on Monday announced that Boots will be selling its ActiPatch Pain Therapy products in select stores for back, knee and musculoskeletal ailments.  

The ActiPatch provides pain management therapy for common musculoskeletal complaints through duration pulsed electromagnetic therapy in a small device designed for personal extended use.

PLEASANTON, Calif. — Safeway on Friday announced that its board of directors met yesterday and declared a regular quarterly cash dividend of $0.20 per share. 

The cash dividend will be payable on Jan. 9 to stockholders of record at the close of business on Dec. 19.

Safeway operates 1,406 stores in the United States and had annual sales of $37.5 billion in 2012.