Latest Headlines

Latest Headlines

Wal-Mart hailed for leadership on animal welfare

Retailing giant Wal-Mart ($WMT) drew praise from animal welfare activists Friday when it announced voluntary guidelines for its meat and egg suppliers that would reduce the use of antibiotics on farms and improve conditions for livestock and poultry.

Private-label meds aim for J&J's recalled brands

Who's picking up the Tylenol slack? Private store brands--and the drugmakers that supply them. In the wake of a series of Johnson & Johnson (NYSE: JNJ) consumer-drug recalls, retailers are

Lilly nabs co-branded insulin deal with Walmart

Walmart has teamed up with a new insulin partner. Beginning in September, the retailing giant will no longer sell Novo Nordisk (NYSE: NVO) insulin under its ReliOn brand name, but instead will market

Caterpillar aims to curtail drug costs

In a move that outlines the growing influence of employers and insurers on drug-buying, heavy equipment maker Caterpillar has instituted a new health plan that will steer workers toward Wal-Mart and

Wal-Mart cuts branded formulary in half

Wal-Mart slashed its employee drug benefits in half, cutting the number of branded meds on its formulary to 128 from 260, BNet Pharma reports. Big-time drugs like Sanofi-Aventis' Ambien CR and

Safeway jumps on $4 generic bandwagon

Just two years ago, Wal-Mart started its program to sell a select list of generic prescription