Walgreens - McKnight's Long Term Care News


Walgreens back in the long-term care market, sort of

With more vendors targeting the hospice market, two drug giants appear ready to face off. Walgreens left the institutional-pharmacy business in 2010, of which hospice pharmacy is a part, in a deal with Omnicare. Walgreens traded the unit for Omnicare’s home-infusion business. Since then, Omnicare has been the market leader for hospice drugs. So why the strategy change for Walgreens?

Walgreens buys drugstore.com for $409 million

Walgreens has purchased drugstore.com for $409 million, the company announced. The acquisition gives Walgreens access to drugstore.com’s three million customers. Walgreens is the nation’s largest drugstore chain. The company’s 7,689 drugstores generated more than $67 billion in sales last year.

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