Brand name drug prices up nearly 4 pct.
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Brand-name drug prices jumped nearly 4 percent during the first three months of the year, raising costs for taxpayers subsidizing the Medicare drug program and for some of those participating in it, AARP said Tuesday.
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Target Corp. expanded its $4 generic drug program to all of its US pharmacies yesterday, moving beyond states where it was matching a plan offered by rival Wal-Mart.
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Wal-Mart said might also bring its program offering generic drugs for $4 a prescription to other states before the end of the year.
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Wal-mart's $4 generic-drug program could be the start of big changes in the $250 billion prescription-drug market.
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Use of pharmaceutical products has risen to record levels in the US, with almost half the population using at least one prescription medicine regularly, according to a report by the Department of Health and Human Services.
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Philip Morris USA has raised prices on certain cigarette brands by 10 cents per pack, effectively matching an increase last month on its top brands such as Marlboro, tobacco industry analysts said.
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ORLANDO, Florida  - Wal-Mart Stores Inc. on Thursday said it will expand a program offering generic drugs for $4 per prescription throughout Florida on Friday, and said it may bring the program to other U.S. states by the end of the year.
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Some states are paying far higher prices than others for prescription drugs under the Medicaid program, but data that would help them get a better deal
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Share in healthcare conglomerate Australian Pharmaceutical Industries surged more than five per cent in early trade today after the company moved to boost its retail pharmacy operations by acquiring health, beauty and lifestyle retailer New Price Retail
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Spending on prescription drugs rose briskly in 2006 as the Medicare drug benefit kicked in and the government's share of expenditures for medicines surged, according to a federal study to be released today. Overall, health-care spending in the United States continued its climb, rising 6.7 percent...
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ORLANDO, Florida  - Wal-Mart Stores Inc.  will expand a program offering generic drugs for $4 per prescription throughout Florida on Friday, and may bring the deal to other U.S. states before the end of the year, the retailer said on Thursday.
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Vanda Pharmaceuticals, which went public in April at $10 a share, has seen that price soar to more than $26 in the past month after reporting positive late-stage test results for two of its drugs.
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AUSTRALIAN Pharmaceutical Industries has acquired New Price Retail in an attempt to bolster its retail presence amid growing competition from Woolworths and Coles.
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Novartis AG posted a 1 percent increase in fourth-quarter profit Thursday as results were pressured by charges for looming litigation in the United States and a shake up in its generic drug business.
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On its face, the expansion yesterday of Wal-Mart's generic drug program seemed only incremental. The company added seven new compounds to the list of drugs it sells for $4.
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Pfizer Inc. PFE.N , the world's  largest drug company, on Wednesday said fourth-quarter earnings  rose, helped by strong sales of cholesterol treatment Lipitor  and arthritis drug Celebrex.
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FRIDAY, Sept. 22 (HealthDay News) --  Wal-Mart's announcement that it will begin selling 300 generic prescription drugs for as little as $4 for a 30-day supply will undoubtedly benefit many Americans, some health-industry experts say.