Uploaded by
FinancialNewsOnline
on Jan 3, 2012
In the first days of the new year, tens
of thousands of pharmacy patients have specifically chosen Walgreens
(NYSE:WAG) and taken advantage of Walgreens January promotion of its
Prescription Savings Club.
The PSC promotion offers one way for eligible patients under pharmacy benefit plans managed by Express Scripts (NASDAQ:ESRX) to avoid disruption caused by Express Scripts no longer offering network access to Walgreens pharmacies.
Walgreens President of Pharmacy, Health and Wellness Solutions and Services Kermit Crawford said, "We value each and every Walgreens customer and are frustrated with Express Scripts' decision to reject our very serious offer in December in an effort to avoid patient disruption. We apologize to our patients for the disruption caused by Express Scripts' stance and are offering a discount in the cost of enrolling in our Prescription Savings Club. In our stores, pharmacists are reporting that our customers covered by Express Scripts plans are responding in significant numbers and choosing to stay with Walgreens."
Walgreen (NYSE:WAG) has potential upside of 14-point-7 percent, based on a current price of 33 dollars and 6 cents, and an average consensus analyst price target of 37 dollars and 91 cents.
The PSC promotion offers one way for eligible patients under pharmacy benefit plans managed by Express Scripts (NASDAQ:ESRX) to avoid disruption caused by Express Scripts no longer offering network access to Walgreens pharmacies.
Walgreens President of Pharmacy, Health and Wellness Solutions and Services Kermit Crawford said, "We value each and every Walgreens customer and are frustrated with Express Scripts' decision to reject our very serious offer in December in an effort to avoid patient disruption. We apologize to our patients for the disruption caused by Express Scripts' stance and are offering a discount in the cost of enrolling in our Prescription Savings Club. In our stores, pharmacists are reporting that our customers covered by Express Scripts plans are responding in significant numbers and choosing to stay with Walgreens."
Walgreen (NYSE:WAG) has potential upside of 14-point-7 percent, based on a current price of 33 dollars and 6 cents, and an average consensus analyst price target of 37 dollars and 91 cents.
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