Walgreens Boots, which has more than 50 stores in central Indiana, has a market value of about $53 billion and $16.8 billion of debt. At that size, a take-private deal by the company would top the largest leveraged buyout in history.
Frustrated health consumers turn to apps, websites to find lowest drug prices
In recent years, a host of online websites and smartphone apps—such as GoodRx, Blink Health and Script Saver—have popped up to help people find the lowest price for prescription medicines. By using them, consumers can save thousands of dollars a year on their prescriptions if they don’t mind shopping around and buying some of their drugs outside their insurance plans.Read More
CVS apologized and said it was investigating after a Purdue University engineering student was denied the purchase of over-the-counter cold medicine.
Indiana has one of the highest smoking rates in the country—nearly one in five Hoosiers smoke. Now, a new statewide policy makes it easier for smokers to get medication to help them quit. But some people want state leaders to do more.
The Trump administration is working on a plan that would allow Americans to import lower-priced prescription drugs from Canada, Health and Human Services Secretary Alex Azar said Tuesday.
The store, which opened in 2004, is scheduled to close permanently July 12. It is one of eight Neighborhood Market stores the retailer operates in the Indianapolis area.
Walgreens Boots Alliance Inc. said Tuesday that it will require customers to be at least 21 years old to purchase tobacco in any of its more than 9,500 stores nationwide. The policy starts Sept. 1.
The Justice Department’s approval clears the way for a merger that will create a health care giant with a hand in insurance, prescription-drug benefits and drugstores across the United States.
The move represents a formidable challenge to pharmacy chains including Walgreens Boots Alliance Inc. and CVS Health Corp., the two largest drugstore chains in the United States.
The bill now moves to the House, which is expected to vote soon on its own Sunday sales proposal with similar terms.
The deal comes as the health sector is looking over the horizon at Amazon.com Inc., and how the company could transform the business of buying, distributing and selling drugs and medical products if it gets into health care.
Walgreens has more than 50 stores in the Indianapolis area. Rite-Aid operates 10 stores in Indiana, but none in the Indianapolis area.
A pharmacist at a facility whose tainted drugs sparked a nationwide meningitis outbreak that killed 76 people, including five people in Indiana, was cleared Wednesday of murder but was convicted of other crimes.
Three Indiana pharmacists have been reprimanded by state regulators for trying to access Prince's medical records within days of the music superstar's death last year.
Indianapolis-based insurer Anthem Inc. said it will set up its own pharmacy benefits management unit, signaling a final break with Express Scripts Holding Co. after the health insurer accused Express of overcharging it by billions of dollars.
Harry Zhang pleaded guilty to two felonies this month after charged with illegally obtaining prescriptions from Canada and Germany and reselling them in China.
Walgreens and Rite Aid have finally devised a combination of the nation's largest and third-largest drugstore chains that will get past antitrust regulators.
Under the new agreement, Walgreens will buy 2,186 stores, three distribution centers and related inventory from Rite Aid for about $5.18 billion in cash.
State law prohibits grocery stores without pharmacies from selling spirits, prompting Marsh to offer big discounts on its inventory.
Pharmacy grads used to have their pick of six-figure jobs. But competition stiffened after dozens of new schools opened, sharply increasing the supply of newly minted pharmacists.