Leerink Partners Remains Bullish on Walgreens Boots Alliance (WBA) Following Announced Joint Venture
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Walgreens Boots Alliance (WBA), Prime Therapeutics to Form Strategic Alliance
August 29, 2016 9:04 AM EDTWalgreens (Nasdaq: WBA) and Prime Therapeutics (Prime) announced a long-term strategic alliance that includes a new retail pharmacy network agreement and the combination of the companies central specialty pharmacy and mail service businesses.
The alliance between Walgreens, one of the nations largest drugstore chains, and Prime, the nations fourth largest PBM owned by 14 leading Blue Cross and Blue Shield health plans, introduces a new model that aligns pharmacy, PBM and health plans to coordinate patient care, improve health outcomes and deliver cost of care opportunities.
The retail pharmacy network agreement... More
