Monday, August 29, 2016

Fitch: Walgreen/Prime Extends US Pharma Consolidation

(The following statement was released by the rating agency)

CHICAGO/NEW YORK, August 29 (Fitch) Walgreens and Prime

Therapeutics Monday

announced a long-term strategic alliance, highlighting the

continuing

consolidation of the pharmaceutical channel, particularly in the

US, according

to Fitch Ratings.

In the past four years, nearly all major retail and mail-order

pharmacies,

pharmacy benefit managers (PBMs), and pharmaceutical wholesalers

have found

partners to create mega buying groups, p

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