Walgreens Boots Alliance Inc (WBA.O) said it would partner with pharmacy benefit manager Prime Therapeutics to reduce drug procurement costs.
The companies will combine their central specialty pharmacy and mail order service businesses and introduce a new retail pharmacy network that will give Prime Therapeutics' customers access to Walgreens' pharmacy network.
Specialty pharmacies provide drugs to people with expensive chronic conditions such as rheumatoid arthritis. Walgreens has four central specialty pharmacies that mainly provide mail order services.
Read Full Article »