The march of the generics continues. Wal-Mart says it's adding 24 new meds to its line-up of $4 prescriptions, including drugs for glaucoma, attention deficient hyperactivity disorder, and fungal infections. Plus, certain fertility and birth control drugs will be available for $9.
Since Wal-Mart unveiled the $4 program last fall [1], it has come to account for 40 percent of prescriptions filled at the company's pharmacies. A Wal-Mart official says the current list of $4 drugs is "scratching the surface" and that more will likely be added.
The company's also pledging to get new-to-market generics on the list lickety-split. Witness the generic form of Coreg, which was just approved by the FDA [2]--it's already on the list.
- check out Wal-Mart's press release [3]
- read the article [4] from Newsday
Related Articles:
Generics beat down drug price inflation. Report [5]
Wal-Mart slashing generic prices. Report [1]
Wal-Mart expands $4 drug program, Target follows. Report [6]
Should Wal-Mart go into the healthcare business? Report [7]
Links:
[1] http://www.fiercebiotech.com/story/spotlight-wal-mart-slashing-generic-prices/2006-09-21
[2] http://www.fiercepharma.com/story/generic-coregs-are-coming/2007-09-06
[3] http://www.fiercebiotech.com/press-releases/press-release-wal-mart-launches-phase-two-prescription-program-new-4-medications-and-
[4] http://www.newsday.com/business/ny-bzwalm0927,0,6533826.story
[5] http://www.fiercepharma.com/story/generics-beat-down-drug-price-inflation/2007-09-21
[6] http://www.fiercehealthcare.com/story/wal-mart-expands-4-drug-program-target-follows/2006-10-06?utm_source=related&utm_medium=internal
[7] http://www.fiercehealthcare.com/story/should-wal-mart-go-into-the-healthcare-business/2006-10-13