Sunday, November 29, 2015
Current Weather
Loading Current Weather....
Published: Tuesday, 5/6/2008

Drug-price cuts expanded by Wal-Mart


LITTLE ROCK - Wal-Mart Stores Inc., the world's largest retailer, expanded its program of discounted prescription drugs yesterday to 90-day supplies for $10 and added several women's medications at a discount. It also said it would lower the price of more than 1,000 over-the-counter drugs.

The move is the third phase of a company program that began in 2006 to provide a 30-day supply of generic prescription drugs for $4.

The company began filling prescriptions yesterday for up to 350 generic medications at $10 for a 90-day supply at Wal-Mart, Neighborhood Market, and Sam's Club pharmacies in the United States. Almost all the prescription generics in the company's $4 program were included in the expanded $10 offer, said Wal-Mart senior vice president John Agwunobi.

The women's medications to be added to its list of prescriptions available for $9 included drugs to treat breast cancer and hormone deficiency.

Price reductions for over-the-counter medications affect about one-third of those carried by the retailer and include Wal-Mart's versions of popular drugs such as Zantac, Pepcid, and Claritin, as well as Wal-Mart's Spring Valley prenatal vitamins.

Since 2006, Wal-Mart's $4 generic drug program has expanded to every state, except North Dakota, where Wal-Mart has no in-store pharmacies. And many competitors have followed the retailer's lead.

Bill Simon, Wal-Mart chief operating officer, said the company would not, however, offer free generic drugs at its in-store clinics as some competitors have.

"We're in business to make money," he said. "Free is a price that is not a long-term sustainable proposition."

Recommended for You

Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.