Wal-Mart moves up generic drug program to tomorrow.
By:
Updated: April 17, 2007
The $4 generics program has been expanded to include 314 generic prescriptions available for up to a 30-day supply at commonly prescribed dosages. The list of 314 generic prescriptions is made up of as many as 143 compounds in 24 therapeutic categories.
Since launching the program in the Tampa Bay market two weeks ago, the list has been expanded to include medicines such as the oncology drug Megestrol and Lovastatin, which is used to treat cholesterol. The list of $4 prescription medications now represents nearly 30 percent of prescriptions currently dispensed in the 235 Wal-Mart, Neighborhood Market and Sam`s Club pharmacies throughout Florida.
In making the announcement, Bill Simon, executive vice president of the Professional Services Division for Wal-Mart, said the response in the Tampa Bay, Fla. test market has been considerable, with 36,000 new prescriptions filled in the ten days after the September 21, 2006 launch. Customer savings on top-selling prescription medications in the program are projected to be significant.
(Copyright 2006 Newsroom Solutions, LLC)
