Walgreens CEO Pessina: We’ll Spend Distributor Sale Proceeds On ‘Pharmacy Of The Future’ [Forbes]
AmerisourceBergen Corporation (ABC)
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Source: Forbes
Walgreens said it will open “600 to 700 Village Medical at Walgreens primary care clinics in more... [+]than 30 U.S. markets within the next four years, with the intent to build hundreds more thereafter.”Walgreens and VillageMDWalgreens Boots Alliance plans to use billions of dollars in proceeds from the sale of its pharmaceutical wholesale business on developing its pharmacies for the future, the company’s chief executive said. for drugstore development will come after the large drug wholesalerAmerisourceBergen said it will acquirethe companies said Wednesday.“We will invest in developing our pharmacies,” Walgreens chief executive Stefano Pessina said in an interview after the AmerisourceBergen deal was announced.“Part of the money will be used to repay debt and part of the money we will invest in developing our pharmacies,” Pessina added. “The pharmacy of the future is not the pharmacy we have. We want to prepare for the pharmacy of the future.”Pessina said Walgreens will use the mo
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