Generic Drug Sales Raise Walgreene' Bottom Line

AUGUST 01, 2006

Walgreen Co, the nation's largest drugstore chain, attributed much of its strong 14% increase in quarter profits to climbing sales of generic drugs during the first few months of 2006. In part, the double-digit rise in Walgreen profits came as a result of the Medicare Part D prescription drug benefit, which brought a flood of additional senior citizens into its drugstores. Officials at the chain, however, said increased sales of generics also played a key role.




SHARE THIS SHARE THIS
0
 

The Oncology Care Pharmacist in Health-System Pharmacy 
According to the National Cancer Institute, almost 40% of men and women will be given a diagnosis of some form of cancer in their lifetime.


 

Pharmacy Times Strategic Alliance
 

Conference Coverage
News from the year's biggest meetings


Pharmacist Education
Clinical features with downloadable PDFs


 

SIGN UP FOR THE PHARMACY TIMES NEWSLETTER
Personalize the information you receive by selecting targeted content and special offers.