Facing several headwinds, including pharmacy margin and seasonal markdowns, Rite Aid lowered its full year guidance. “Our third quarter beat consensus on top and bottom line, and we’re pleased with ...

Elixir, the pharmacy benefit management business of Rite Aid, has named veteran pharma executive Lance Neill as its new COO. The company said Sept. 7 that Mr. Neill, who most recently worked as vice ...

MedImpact’s attempt to recoup approximately $200 million following its purchase of Rite Aid Corp’s (OTC:RADCQ) pharmacy benefits unit has failed. U.S. Bankruptcy Judge Michael Kaplan ruled that ...

PHILADELPHIA--(BUSINESS WIRE)--Elixir, a wholly owned subsidiary of Rite Aid (NYSE: RAD), announced the launch of a specialty generic medication enhancement to its managed copay solutions effective ...

Rite Aid reported a quarterly loss of more than $306 million as the drugstore chain grapples with the loss of customers from its pharmacy benefit business. In this photo is a Rite Aid store in ...

Rite Aid has announced it has received approval from the U.S. Bankruptcy Court for the District of New Jersey to sell its Elixir Solutions business to MedImpact Healthcare Systems Inc. an independent ...

Rite Aid plans to rebrand its pharmacy benefit management company, EnvisionRxOptions, to be called Elixir, the company said March 16. Rite Aid outlined its strategy during its investor day meeting and ...

NEW YORK, Jan 9 (Reuters) - Pharmacy chain Rite Aid Corp on Tuesday received bankruptcy court approval to sell its Elixir pharmacy benefit manager business for $575 million. Rite Aid filed for ...