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Wal-Mart to cut prices on almost 300 generic drugs
Wal-Mart plans to offer about 300 generic prescriptions for as low as $4 per month, starting in Florida and expanding nationwide next year. The move aims to attract shoppers, pressure rivals, and highlight cost savings for consumers, with analysts noting varied impacts on drugmakers and pharmacies.
MENTIONED IN THIS ARTICLE
Wal-Mart
New York
Wal-Mart Stores Inc
Patricia Edwards
Wentworth, Hauser & Violich
Seattle
Tampa
Pat Sullivan
Massachusetts
Tampa Bay Area
Bill Simon
Simon
David W. Maris
Banc of America
Kathleen Jaeger
The
Generic Pharmaceutical Association
Wal- Mart
New York Stock Exchange
Walgreen Co
CVS Corp
Rite-Aid Corp
Barr Pharmaceuticals Inc
Mylan Labs
Caremark RX Inc
Rite-Aid
Walgreens
National Association of Chain Drug Stores
United States