Ads
related to: $4 prescriptions at walgreens free code generator download
Search results
Results From The WOW.Com Content Network
Glaser Drug Company sold its Express Scripts partnership interest back to Sanus before it was acquired by chain SupeRx in 1989 for $18.2 million. SupeRX declared bankruptcy and all stores closed in 1991 after Walgreens acquired the pharmacy records. SupeRX's loan to buy Glaser Drug Co. had been financed by Lincoln Savings and Loan Association ...
Walgreens is an American company that operates the second-largest pharmacy store chain in the United States, behind CVS Health. [3] It specializes in filling prescriptions, health and wellness products, health information, and photo services. [4] It was founded in Chicago in 1901, and is headquartered in the Chicago suburb of Deerfield, Illinois.
On January 4, 2008, Rite Aid announced the closure of all 28 of its stores in the Las Vegas Valley, and the sale of patient prescription files from the market to Walgreens. The company said Las Vegas was a non-core market that had not been contributing to overall results, and it had not opened a new store there since 1999.
Walgreens had previously purchased 45% of the company for $4.0 billion and 83.4 million common shares in August 2012 with an option to purchase the remaining shares within three years. [4] Walgreens became a subsidiary of the newly created company after the transactions were completed. [5]
In contrast, prescription drugs require a prescription from a doctor or other health care professional and should only be used by the prescribed individual. [4] Some drugs may be legally classified as over-the-counter (i.e. no prescription is required), but may only be dispensed by a pharmacist after an assessment of the patient's needs or the ...
Supporters of direct-to-consumer advertising argue that advertisements increase competition which leads to lower prescription drug prices and new development, citing, for instance, that between 1997 and 2001, spending on research and development in the U.S. increased 59% while spending on promoting drugs directly to patients increased 145%.