CVS/pharmacy's Indiana Distribution Center Is First Facility in Retail Pharmacy Industry to Receive Verified Accreditation for Wholesale Distributors from the National Association of Boards of Pharmacy

Wednesday, February 8, 2006

Feb 08, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- CVS/pharmacy, America's largest retail pharmacy, announced today that its Indianapolis, Indiana Distribution Center has received Verified-Accredited Wholesale Distributors (VAWD) accreditation from the National Association of Boards of Pharmacy (NABP). The VAWD program is designed to preserve the safety and integrity of the pharmaceutical supply chain by providing assurances that wholesale distribution facilities operate legitimately, and employ appropriate security and best practices for the distribution of prescription drugs. CVS/pharmacy is the first retail pharmacy in the nation to receive this accreditation for one of its distribution facilities.

"The VAWD program was established by NABP to help protect the public from the threat of counterfeit drugs in the U.S. drug supply. Applicants undergo a thorough criteria compliance review, licensure verification, employee background checks, screening through the NABP Clearinghouse and a comprehensive on-site inspection conducted by NABP experts," said NABP's President, Dennis K. McAllister. "NABP commends CVS/pharmacy for taking a leadership position regarding this important public health issue. It is with great pleasure that we grant VAWD accreditation to its Indiana Distribution Center."

"We are pleased to be the first retail pharmacy in the nation to receive VAWD accreditation from the National Association of Boards of Pharmacy," said Matt Leonard, Senior Vice President of Pharmacy at CVS/pharmacy. "We view this accreditation as a reliable and practical means of preserving the safety and integrity of the pharmaceutical supply chain. We engaged in this process as a way to further our commitment toward safeguarding the health and safety of our patients."

"In May of 2005, we announced a new wholesaler certification process. That measure, in conjunction with today's announcement, clearly indicates our commitment to ensure the continued integrity of the pharmaceutical supply chain. CVS/pharmacy is proud to receive the VAWD accreditation, and we appreciate NABP's commitment to this important issue," Leonard added.

About NABP

NABP is the independent, international, and impartial Association that assists its member boards and jurisdictions in developing, implementing, and enforcing uniform standards for the purpose of protecting the public health.

For more information about NABP or NABP's VAWD program, visit NABP's Web site at http://www.nabp.net.