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CVS Health acquires Target’s pharmacy and clinic businesses

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CVS Health acquires Target’s pharmacy and clinic businesses

CVS Health Corporation has announced its acquisition of Target Corporation’s pharmacy and clinic businesses for $1.9 billion. With this, CVS Health acquired 1,672 of Target’s pharmacies across 47 states, and will operate them through a store-within-a-store format, branded as CVS/pharmacy.

Additionally, a CVS/pharmacy will be included in all new Target stores that offer pharmacy services, and seventy-nine Target clinic locations will be rebranded as MinuteClinic. CVS Health will also open up to 20 new clinics in Target stores within the next three years.

“Today’s milestone in our relationship with CVS Health is an important step in driving Target’s strategic priorities forward while giving our guests easy access to industry-leading health care services,” says Brian Cornell, chairman and CEO of Target. “With the transition now underway, Target can further accelerate our commitment to wellness as a signature category, helping guests and team members in their efforts to eat better, be more active and find natural and clean label products.”

The Target pharmacies and clinics will be placed under the CVS Health banners and systems within six to eight months.

Valeant announces new U.S. fulfillment agreement with Walgreens

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Valeant Pharmaceuticals International, Inc. has announced new fulfillment agreements with Walgreens. In conjunction with this deal, Valeant will reduce the wholesale list prices of its branded prescription-based dermatological and ophthalmological products by 10 per cent over the next six to nine months.

This model is designed to help reduce costs and administrative processes, yielding savings that can benefit both patients and the healthcare system. The agreement will enable consumers to conveniently access Valeant’s products at a lower out-of-pocket cost from more than 8,000 Walgreens U.S. retail pharmacy locations, as well as participating independent retailers.

Through this, the company aims to create a more efficient model to help lower costs while ensuring patients have convenient access to the products their doctors prescribe. Patients with commercial insurance can benefit from lower out-of-pocket costs, such as reduced copays, and the program will provide convenient access for patients who lack coverage for the products. (Zolpidem) However, due to government regulation, the cost-sharing program will not be applicable to patients with government insurance.

“We have listened to what the marketplace is saying and we’ve taken positive steps to respond,” says J. Michael Pearson, chairman and CEO of Valeant. “Our goal is to create a system that allows prescription medications to be dispensed and insurance claims adjudicated in an efficient manner while allowing physicians to focus their efforts on what matters most: patient care.”

Stress in Elderly People Increases Risk for Pre-Alzheimer’s Condition

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According to a study “Influence of perceived stress on incident amnestic mild cognitive impairment: Results from the Einstein Aging Study” from Albert Einstein College of Medicine and Montefiore Health System, highly stressed elderly people are more than twice as likely to develop mild cognitive impairment–often a prelude to Alzheimer’s disease–than those who are not stressed. This study looked at the connection between chronic stress and “amnestic mild cognitive impairment (aMCI), the most common type of MCI, which is primarily characterized by memory loss. The findings were published online in Alzheimer Disease & Associated Disorders.

 

“Our study provides strong evidence that perceived stress increases the likelihood that an older person will develop aMCI,” said Richard Lipton, MD, senior author of the study, vice chair of neurology at Einstein and Montefiore, and professor in the Saul R. Korey Department of Neurology and the Edwin S. Lowe Chair of Neurology at Einstein. “Fortunately, perceived stress is a modifiable risk factor for cognitive impairment, making it a potential target for treatment.”

 

The study’s first author Mindy Katz, M.P.H., senior associate in the Saul R. Korey Department of Neurology at Einstein says that “perceived stress can be altered by mindfulness-based stress reduction, cognitive-behavioral therapies and stress-reducing drugs. These interventions may postpone or even prevent an individual’s cognitive decline.”

 

The researchers studied data collected from 507 people enrolled in the Einstein Aging Study (EAS), a community-based cohort of older adults. Starting in 2005, the EAS began assessing stress using the Perceived Stress Scale (PSS). This widely used 14-item measure of psychological stress was designed to be sensitive to chronic stress (due to ongoing life circumstances, possible future events and other causes) perceived over the previous month. PSS scores range from 0 to 56, with higher scores indicating greater perceived stress.

 

The diagnosis of aMCI was based on standardized clinical criteria including the results of recall tests and reports of forgetfulness from the participants or from others. All 507 enrollees were free of aMCI or dementia at their initial PSS assessment and subsequently underwent at least one annual follow-up evaluation. They were followed for an average of 3.6 years.

 

Seventy-one of the 507 participants were diagnosed with aMCI during the study. The greater the participants’ stress level, the greater their risk for developing aMCI: for every 5 point increase in their PSS scores, their risk of developing aMCI increased by 30 percent. Similar results were obtained when participants were divided into five groups (quintiles) based on their PSS scores. Participants in the highest-stress quintile (high stress) were nearly 2.5 times more likely to develop aMCI than were people in the remaining four quintiles combined (low stress).

 

This study suggests that detecting and treating stress in elderly people might help delay or even prevent the onset of Alzheimer’s.

Mitochondria affect body’s response to stress

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Based on new studies of stress responses, mitochondria—the cell’s powerhouses of energy production—may actually play a significant role in mind-body interactions. This new information, which comes out of the Children’s Hospital of Philadelphia, may have broad implications for the analysis of both human psychology and neurological disease.

 

Led by Douglas C. Wallace, Ph.D., a pioneering scientist in mitochondrial medicine, the study involved the subjection of mice to standardized psychological stress. Researchers specifically focused on the effects of these stressors on the animals’ neuroendocrine, inflammatory, metabolic and gene transcription systems; in humans, each of these factions is involved in behavioral responses to stress.

 

The study showed that in the mice, relatively mild mutations in mitochondrial genes produced unique whole-body stress response signatures, indicated by physiological and gene expression patterns.

 

According to Wallace, these findings show that these alterations affect how mammals respond to stressful changes in their environment, which has profound implications for the hereditary basis of neuropsychiatric diseases and the role of stress in human’s health.

 

Purity Life sells two brands to C.C. Natural Products

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Purity Life sells two brands to C.C. Natural Products

Purity Life Health Products continues its business strategy to move away from manufacturing products and moving toward becoming one of Canada’s leading distributors in natural health products. The company recently sold its Quest and Nature’s Harmony brands to C.C. Natural Products Tech Limited, a company based out of Coquitlam, British Columbia.

“As part of the sale, Purity Life will continue to distribute the brands,” said Matthew James, the owner of Purity Life Health Products. “The sale of the brands is another step forward for Purity Life as it maintains its focus on being Canada’s largest distributor of natural health products to Canadian Health Food retailers.”

Organic Council of Ontario welcomes new president

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Organic Council of Ontario welcomes new president

The Organic Council of Ontario Board of Directors has appointed Tom Manley of Homestead Organics as the organization’s new President. Mr. Manley succeeds Jenn Pfenning, from Pfennings Organic Farm, who served as OCO’s President for 18 months.

Tom Manley has called on OCO’s members to step forward and invest their skills within the organization.

“The organic value chain in Ontario is only as strong as the engagement of its organic entrepreneurs,” Manley said.
Currently, OCO’s Board of Directors is looking for additional members who have IT, marketing, and communications skills.

Organic foods market expected to reach $187.8 by 2019

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Organic market booming

A recent report, published by Transparency Market Research, forecasts that the global food and beverages market will be worth $187.8 billion by 2019. The report entitled, “Organic Food & Organic Beverages Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019,” reveals that the organics market has seen impressive growth in recent years.

According to the report, an increased number of people are becoming more aware of the health benefits of using organic products, which, consequently, has caused the market to grow exponentially.

Loblaws now sells beer

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Loblaws now sells beer

Loblaw Companies Limited is now stocking their shelves with beer in 19 of its grocery stores including Loblaws, Real Canadian Superstore, Your Independent Grocer, and Fortinos. The company plans to eventually sell hundreds of beer—both domestic and imported options.

“This is a historic first step for our company and for the Ontario government, giving customers the greater convenience of shopping for groceries and beer in one stop,” said Grant Froese, the Chief Operating Officer of Loblaw Companies Limited.

The 19 stores will stock their shelves with a tailored initial assortment of brands. In January, Loblaws will expand their display space to include more than 200 selections of domestic, import and Ontario craft beer. Loblaws plans to allocate 50 per cent of the aforementioned display space to local or craft beer. Additional opportunities will be available for regional favourites on a store-by-store basis.

Americans split on the importance of buying local products

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Halifax creates mobile food market

According to the results of The Harris Poll ®, 50 per cent of Americans say it’s important to choose locally grown or locally sourced items and opposite 50 per cent believe it’s not.

Sixty seven per cent say it’s important to buy local products in the produce department. Among other departments mentioned in the poll are dairy (56%), bakery (55%), meat (52%), deli (43%), seafood (39%) and frozen foods (26%) departments.

The perceived importance of buying local is more on par with whether items are antibiotic/hormone free (53%) or contain artificial colors/flavors (50%), and is well ahead of whether items are organic (34%).

These results are based on 2,225 U.S. adults surveyed online between October 14 and 19, 2015.

International Thyroid Congress Highlights Latest Research on Altered Thyroid Function

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The effect of altered thyroid function on cardiac disease and depression as well as impact of dietary restrictions on the thyroid were the topics featured in presentations delivered at the 15th International Thyroid Congress, hosted by the American Thyroid Association in Lake Buena Vista (Orlando), Florida.

 

While previous evidence supports a link between altered thyroid function and cardiovascular disease, a new study shows that higher levels of free T4 hormone within the normal range and in individuals with TSH levels are associated with increased risk of sudden cardiac death. To support this finding, Layal Chaker from Erasmus Medical Center, Rotterdam, The Netherlands, presented the data in the poster “Thyroid Function and Sudden Cardiac Death: A Population-Based Cohort Study.”

 

Subclinical hypothyroidism in elderly individuals can improve symptoms of depression, according to the findings of Letician Teixeira from Federal University of Rio de Janeiro, Brazil. Furthermore, higher free T4 levels, associated with greater thyroid activity, had a negative impact on various outcomes related to depressive symptoms in this older population.

 

In “Endemic Goiter in a Vegan Toddler in the US,” presented by Olga Yeliosof, Goreyb Children’s Hospital, Morristown, NJ, a 23-month-old boy was diagnosed with hypothyroidism due to iodine deficiency. The child had been breastfed until 16 months of age and was then fed a homemade vegan diet containing no cow’s milk or iodinated salt, and he took no vitamins. Administration of thyroxine-stimulating hormone and iodized salt to the child’s diet restored normal thyroid function.