Walgreen extends agreement with CVS C...

Walgreen extends agreement with CVS Caremark

There are 3 comments on the Daily Herald story from May 13, 2013, titled Walgreen extends agreement with CVS Caremark. In it, Daily Herald reports that:

Deerfield-based drugstore chain Walgreen Co. has extended its agreement to fill prescriptions for CVS Caremark Corp., which runs one of the nation's largest pharmacy benefit management businesses.

Join the discussion below, or Read more at Daily Herald.

Worker

Phoenix, AZ

#1 May 13, 2013
I smell a merger in a few years.
Goofer

Portland, OR

#2 May 13, 2013
Merger would be pointless, and needlessly expensive. Walgreens had a PBM, and sold it off. As for the brick-and-mortar part of CVS/Caremark, they share too much territory as it is. With the upcoming Amerisource/Boots buyouts, WAG will have a major cost advantage over its competitors.

Since: Apr 13

Location hidden

#3 May 13, 2013
I don't think WAG would ever merge. They sold their PBM to put more focus on their in store services and company wide offerings. Notice that CVS couldn't care less about their stores. Their PBM is their baby. It's the opposite for WAG. WAG sees local, convenient stores offering expanded healthcare and daily living products as the important thing.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

CVS Caremark Discussions

Title Updated Last By Comments
News CVS banning all tobacco sales (Feb '14) Jan '15 anonymous 30
CVS Caremark prescription prices from dropping ... (Nov '14) Nov '14 Rex 1
News CVS Dominates Walgreen In Retail Clinics As Oba... (Jun '14) Jul '14 str 3
News CVS Stores to Stop Selling Tobacco (Feb '14) Feb '14 RIGHT ON 8
News Will Walgreen Company Earnings Outgrow Rite Aid... (Dec '13) Dec '13 WAGLifer 1
News CVS Caremark: Buy After Latest Report? (Feb '11) Sep '13 Human Man 3
News Walgreen and CVS extend agreement to fill presc... (May '13) May '13 Jiggs 4
More from around the web