HANGZHOU, China--(BUSINESS WIRE)-- China Jo-Jo Drugstores, Inc. (CJJD) (the Company), a retail pharmacy chain in Zhejiang and Shanghai, today announced that the Company will postpone its fiscal year 2012 earnings call originally scheduled on Monday, July 2, 2012 at 8 a.m. Eastern Time. The Company will announce the rescheduled time for the earnings call once it is set. About China Jo-Jo Drugstores, Inc. China Jo-Jo Drugstores, Inc., through its contractually controlled affiliates Hangzhou Jiuzhou Grand Pharmacy Chain Co., Ltd., Hangzhou Jiuzhou Clinic of Integrated Traditional and Western Medicine General Partnership, Hangzhou Jiuzhou Medical & Public Health Service Co., Ltd., Shanghai Lydia Grand Pharmacy Co. Ltd., and Zhejiang Jiuying Grand Pharmacy Co. Ltd., operates a retail pharmacy chain in the Peoples Republic of China offering both western and traditional Chinese medicine and related products. As of June 26, 2012, the Company has 64 drugstores throughout Zhejiang Province and Shanghai. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain of the statements made in the press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the use of forward-looking terminology such as believe, expect, may, … Continue reading →

The first pharmacy robbery I covered was on a slushy, gray day in December 1991. Pharmacy robberies were virtually unheard of, so interest in the newsroom was piqued at once. The robber didnt get far, just a couple of miles from the Downeast Pharmacy in Hampden to the parking lot of the former Burger King restaurant on Main Street in Bangor. He had stopped there to get a soda with which to swallow some of the 100 Percodan tablets he had stolen at knifepoint just about 10 minutes before. By the time I dashed down the block to Burger King, 73-year-old Emil Garrett already had assumed the position and was under arrest. Turned out Mr. Garrett was a very smart man a retired Army colonel and a chemical engineer but he also was an addict and, as it turned out, not a terribly swift robbery suspect. It was nine years later when the BDN ran its bold headline: Heroin. Its Cheap. Its Deadly. Its Here. Dealers find markets in Maine for addictive drug. Garrett wasnt using heroin, but what we all learned nine years after his failed robbery attempt was that heroin and prescription opiates are interchangeable. We also learned … Continue reading →

KIRKLAND, Wash., June 29, 2012 /PRNewswire/ --Talyst, a leader in pharmacy automation, announces AutoSplit Contract Pharmacy at the 16th Annual 340B Coalition. The conference highlights will include sessions devoted to program integrity and audits, key considerations when developing contract pharmacy relationships, how the 340B program helps improve and expand patient care, and practical steps and policy solutions to address drug shortages. AutoSplit Contract Pharmacy allows health systems to capture additional 340B savings from hospital scripts dispensed at retail pharmacies. The solution is an end-to-end managed service that gives covered entities the opportunity to capture increased 340B savings. "Disproportionate Share Hospitals (DSH) can benefit from a 340B program," said Carla Corkern, Chief Executive Officer at Talyst. "Through their additional savings from Contract Pharmacy, the DSH can provide better and safer care to their patients." Talyst will be exhibiting at the Coalition in booth #33. For more information on the conference, visit http://www.340bcoalition.org/conferences/2012_annual/index.cfm. About Talyst Talyst is a leader in pharmacy automation and engineers the safer pharmacy. Our solutions provide enterprise-wide medication management across your entire health system to offer greater inventory control, enhanced workflow efficiency, and improved patient safety. As of 2012, Talyst has installed automated systems in more than 600 … Continue reading →