PHARMACY

Snyders Drug Stores launches discount prescription program

BY Jenna Duncan

MINNEAPOLIS Snyders Drug Stores over the weekend announced the start of its launched Snyders Prescription Savings Club in participating markets around Minneapolis.

The discount program offers reduced prices on prescription drugs plus special savings on other items. The pharmacy discount program covers more than 350 prescription drugs that will be offered for 99 cents per week 

Customers can enroll in the discount program with payment of a $10 enrollment fee. As a sign-up bonus, Snyders is giving enrollees a $20 Snyders gift certificate for enrolling in the Snyders Prescription Savings Club.

“We believe the savings club will be especially beneficial to our customers during these tough economic times,” Jodi Ristau, vice president of pharmacy at Snyders told the press. “Snyder’s is committed to supporting the health and wellness of our communities. And giving more individuals access to needed medications is an important part of our commitment.”

For more information, or to enroll in the program, patients may visit http://www.snyderdrug.com.

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GlaxoSmithKlines acquires Bristol-Myers Squibb’s Egyptian mature products business

BY Alaric DeArment

LONDON GlaxoSmithKline has acquired the Egyptian mature products business of Bristol-Myers Squibb, the British drug maker announced Wednesday.

GSK said the acquisition, worth $210 million, is a move to accelerate sales growth and further extend its pharmaceutical portfolio in emerging markets.

“This acquisition is an important step forward in GSK’s strategy to accelerate sales growth in emerging markets,” GSK president for emerging markets Abbas Hussain said in a statement. “It will enable us to build and diversify our existing branded pharmaceuticals portfolio and signals our strong commitment to provide quality medicines to patients in Egypt and other countries in the Middle East and North Africa regions.”

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‘Face the Nation’ anchor Schieffer to headline NACDS Foundation event

BY Jim Frederick

ALEXANDRIA, Va. The National Association of Chain Drug Stores Foundation revealed today that the keynote speaker at the 2008 annual NACDS Foundation Dinner will be Bob Schieffer, anchor of the CBS News’ Sunday public affairs broadcast “Face the Nation.” Schieffer, who also serves as CBS News chief Washington correspondent, will address attendees Dec. 2 at the Sheraton New York Hotel and Towers in New York City.

NACDS’ announcement is a timely one. Schieffer, one of the few broadcast or print journalists to have covered all four major beats in the nation’s capital—the White House, the Pentagon, the State Department and Capitol Hill, moderated the third and final Presidential debate this week.

“Bob Schieffer demonstrated as moderator of this week’s presidential debate that he asks the questions on the minds of Americans relating to political and national affairs in each of his broadcasts,” said Phil Schneider, NACDS Foundation president. “His conversational style enables him to delve into his stories and share a comprehensive look at the issues facing the country.  The NACDS Foundation is delighted to have Mr. Schieffer as the keynote speaker at the 10th annual Foundation dinner this year.”

For more information or to register for the Foundation dinner, please visit www.nacdsfoundation.org.

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