It operated about 2,000 pharmacies in 2023 but now has only 1,240 stores across the US with recent closures significantly ...

Drugstore chain Rite Aid is filing for bankruptcy again, eight months after emerging from a previous Chapter 11 filing in September 2024.

Rite Aid files Chapter 11 again, reflecting deep struggles in the pharmacy industry amid closures, falling margins, and ...

The costs of settling opioid lawsuits and pressure from e-commerce giants have worsened the “financial challenges” facing the ...

Eli Lilly & Co. and Novo Nordisk A/S are competing for drug contracts in the aftermath of drug price scrutiny. Novo has managed to secure a contract with CVS, beating out its competitor. Other news is ...

An ongoing investigation by GoLocal starting in 2017 into the opioid crisis and the devastating effect it has had on Rhode ...

Pharmacy chains now face the challenge of regaining public trust. Baden Bower provides a structured way to handle that. The ...

Peter Loftus is a reporter for The Wall Street Journal in Philadelphia covering the pharmaceutical and medical-device ...

Walgreens will pay $300 million to settle a U.S. Department of Justice civil suit that accused the retailer of dispensing ...

Pharmacy giant Walgreens has agreed to pay up to $350 million in a settlement with the U.S. Department of Justice, which had ...

Rite Aid filed for bankruptcy at the end of 2023 as it was also dealing with losses and opioid lawsuit settlements. The U.S. Department of Justice filed a similar lawsuit against CVS in December. The ...