Wal-Mart expands generic drug offer
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Wal-Mart Stores Inc. expects to offer $4 prescriptions for some generic drugs in most states this year after expanding the low-cost program from a test market to all of Florida ahead of schedule, the world's largest retailer said Thursday.
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Wal-Mart said might also bring its program offering generic drugs for $4 a prescription to other states before the end of the year.
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Wal-Mart is expected to announce that it will test a program to sell generic prescription drugs at sharply reduced prices, according to a published report Thursday.
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TAMPA, Fla. -- Wal-Mart announced today that it will start a test program in Florida, where it will sell generic prescription drugs for $4 for a 30-day supply. The test will start tomorrow in 65 Tampa Bay-area stores and is to expand to the whole state by January.
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Wal-Mart Stores Inc. on Thursday said it would speed up the expansion of a program offering a variety of generic drugs for $4 per prescription to the rest of Florida beginning October 6.
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Kmart said on Wednesday that it is adding more than 70 new generic medications to its discount drug program, including generic forms of Zoloft and Zocor, which are not offered under a similar plan at Wal-Mart.
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The generic drugmaker buys an Indian firm to strengthen its long-term prospects.
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The world's largest generics maker continues to post strong growth by bedeviling Big Pharma.
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The company is ready to handle competition from generics.
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Wal-Mart Stores Inc  on Tuesday announced adjustments to its health care plan which it said will save 1.3 million full and part-time U.S. workers about $25 million on generic prescription drugs next year.
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ORLANDO, Florida  - Wal-Mart Stores Inc. will expand a program offering some generic drugs for $4 per prescription throughout Florida on Friday, and may bring the deal to other U.S. states before the end of the year, the retailer said on Thursday.
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Target Corp.  said on Thursday that it will match Wal-Mart Stores Inc.'s  new, lower prices on generic drugs in all Florida Target pharmacies beginning on Friday.
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British drug maker Glaxo sees increased generic competition for its anti-depressant drugs.
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Wal-Mart Stores Inc. said on  Thursday it would slash prices on nearly 300 generic  prescription drugs to $4 in the Tampa, Florida, area and expand  the plan across Florida and other states next year.
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ORLANDO, Florida  - Wal-Mart Stores Inc. will expand a program offering generic drugs for $4 per prescription throughout Florida on Friday, and may bring the program to other U.S. states before the end of the year, the retailer said on Thursday.
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Preliminary OK of generic antidepressant perks up the stock's potential.
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FRIDAY, Sept. 22 (HealthDay News) -- Wal-Mart's announcement that it will begin selling almost 300 generic prescription drugs for as little as $4 for a 30-day supply will undoubtedly benefit many Americans, health industry experts say.