Walgreens will build out specialty pharmacy business, leaning into drug and therapy services
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Walgreens said Thursday it’s getting into cell and gene therapy pharmacy services and bringing its specialty pharmacy under a new name as it navigates the future of its business.
In addition to setting up a cell and gene therapy facility, Walgreens is taking its existing specialty pharmacy-related businesses, like community pharmacies that are located near or inside a health system, and putting them all into one division: Walgreens Specialty Pharmacy. Ideally, the rebranded specialty pharmacy business can better work with enterprise partners like health plans, pharma and providers as a competitor to PBM-owned specialty pharmacies.
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