News

Retail Pharmacy

Kimberly Redmond | Equities.com |

Walmart Inc announced Tuesday it will begin offering private-label insulin this summer at a much lower price than branded versions of the life-saving diabetes drug.

The retailer said it is teaming up with Novo Nordisk A/S to sell an exclusive version of analog insulin through Walmart’s private ReliOn brand as part of a push to expand its health offerings.


Kimberly Redmond | Equities.com |

Over-the-counter rapid COVID-19 tests will soon hit the shelves at three national pharmacy chains, expanding access to home testing as the US ramps up its vaccine rollout.

Abbott Laboratories (NYSE: ABT) announced Monday that it began shipping its BinaxNOW self-test to CVS Pharmacy, Walgreens and Walmart stores across the country. The test will also be available through the chains' websites.


Kimberly Redmond | Equities.com |

Uber Technologies is partnering with e-prescription startup Scriptdrop in a deal to expand the ride-share platform’s prescription drug delivery service from a handful of cities to dozens of US states.

Under the partnership announced Wednesday, Uber’s hundreds of thousands of drivers will be accessible to pharmacies using ScriptDrop. In exchange, ScriptDrop, a third-party tech platform that connects patients and pharmacies with couriers, will pay Uber for the cost of each delivery.


Reuters | Equities.com |

CVS Health Corp said on Tuesday it would return to selling individual health insurance plans that offer Affordable Care Act premium subsidies next year, saying the market had stabilized.

The move by CVS comes a week after President Joe Biden’s administration told the U.S. Supreme Court that the Affordable Care Act, or Obamacare healthcare law, should be upheld.


Reuters | Equities.com |

The White House next week will start shipping coronavirus vaccines directly to retail pharmacies alongside ongoing deliveries to states, increasing weekly supplies of shots nationwide to 11.5 million, a top aide said on Tuesday.

U.S. President Joe Biden’s COVID-19 response coordinator, Jeff Zients, said the program will launch on Feb. 11 and will make 1 million doses available to 6,500 stores. As supply grows, the program could expand to as many as 40,000 stores, he said.