Walgreen Company : Walgreens Statement on Express Scripts Dispute
06/01/2012| 05:05pm US/Eastern
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Walgreens (NYSE: WAG) (NASDAQ: WAG) today issued the following statement
about a dispute with Express Scripts, Inc. filed in September 2011:
"The parties have agreed to dismiss their respective claims, and no
other action has been or will be taken by either party with respect to
this case. These dismissals have no impact on the parties' ability or
inability to come to terms on a pharmacy agreement. The parties and
their counsel will have no further comment on this matter."
About Walgreens
As the nation's largest drugstore chain with fiscal 2011 sales of $72
billion, Walgreens (www.walgreens.com)
vision is to become America's first choice for health and daily living.
Each day, Walgreens provides nearly 6 million customers the most
convenient, multichannel access to consumer goods and services and
trusted, cost-effective pharmacy, health and wellness services and
advice in communities across America. Walgreens scope of pharmacy
services includes retail, specialty, infusion, medical facility and mail
service, along with respiratory services. These services improve health
outcomes and lower costs for payers including employers, managed care
organizations, health systems, pharmacy benefit managers and the public
sector. The company operates 7,855 drugstores in all 50 states, the
District of Columbia and Puerto Rico. Take Care Health Systems is a
Walgreens subsidiary that is the largest and most comprehensive manager
of worksite health and wellness centers and in-store convenient care
clinics, with more than 700 locations throughout the country.
Walgreens
Michael Polzin, 847-315-2920
http://news.walgreens.com
© Business Wire 2012
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