Fitch: Walgreen/Prime Extends US Pharma Consolidation


CHICAGO/NEW YORK, August 29 Walgreens and Prime Therapeutics Monday announced a long-term strategic alliance, highlighting the continuing consolidation of the pharmaceutical channel, particularly in the US, according to Fitch Ratings. In the past four years, nearly all major retail and mail-order pharmacies, pharmacy benefit managers , and pharmaceutical wholesalers have found partners to create mega buying groups, preferred dispensing networks, or streamlined supply chains.



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