Wal-Mart expands $4 generic drug plan
24.10.2006 - Read full story for latest details.
CHICAGO (Reuters) -- Wal-Mart Stores Inc. said Thursday it would begin selling $4 generic prescriptions in 14 additional states, including New York and Texas, speeding up the roll-out of a plan that has put pressure on rival retailers. Wal-Mart (Charts) said the $4 program covers a 30-day supply of 143 different drug compounds, representing nearly 25 percent of the prescriptions it currently dispenses in pharmacies nationwide. The program, initially launched in Florida last month, will be available in an additional 1,264 stores throughout Alaska, Arizona, Arkansas, Delaware, Illinois, Indiana, Nevada, New Jersey, New Mexico, New York, North Carolina, Oregon, Texas and Vermont. Wal-Mart, the world's biggest retailer, has about 3,900 U.S. stores, including its namesake discount chain, Sam's Club warehouse stores, and the Neighborhood Market grocery chain.
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