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AUGUST 30, 2016

Prime Therapeutics, Walgreens Announce Alliance

By Gina Shaw

Prime Therapeutics, the fourth largest pharmacy benefits manager (PBM) in the United States, and leading national pharmacy chain Walgreens announced on Aug. 29 a strategic alliance to combine their central specialty and mail-order pharmacy businesses. As part of the agreement, Prime’s 22 million members will have preferred access to Walgreens’ more than 8,000 pharmacies beginning Jan. 1, 2017.

Prime CEO Jim DuCharme told Specialty Pharmacy Continuum that the alliance is