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Walgreens Boots Alliance, Inc. (WBA) is the first global pharmacy-led, health and wellbeing enterprise. Formed in December 2014 through the combination of Walgreens and Alliance Boots, the company harnesses the strengths of two iconic brands with complementary geographic footprints and a heritage that dates back over a century. WBA operates over 13,100 stores in 11 countries and has a presence in more than 25 countries, employing over 370,000 people worldwide.
WBA is the largest retail pharmacy, health, and daily living destination in the USA and Europe, with its extensive network ensuring nearly three-quarters of Americans live within five miles of a Walgreens location. The company's revenue is majorly generated from prescription drug sales, which account for about two-thirds of its overall sales. Walgreens alone contributes to 20% of total prescription revenue in the U.S.
Alongside prescription sales, WBA's operations include retail products, European drug wholesale, and healthcare services. The company is continuously expanding its services with initiatives such as Health Corner and Village Medical, aiming to create an omnichannel experience for patients and positioning itself as a one-stop healthcare provider.
In recent developments, WBA has made significant strides towards sustainability, such as reducing single-use plastic in its packaging and collaborating with industry partners for better recycling practices. The efforts are part of the company's broader Environmental, Social, and Governance (ESG) initiatives aimed at reducing its environmental impact.
Additionally, Walgreens is expanding its specialty pharmacy services through the introduction of Walgreens Specialty Pharmacy, which integrates AllianceRx and focuses on providing care for patients with complex, chronic conditions. This initiative aims to improve patient outcomes and provide greater value to payers and partners.
WBA’s specialty pharmacy business is bolstered by its subsidiary, Shields Health Solutions, which supports health systems' specialty pharmacies across the U.S. Through these efforts, Walgreens continues to play a pivotal role in the healthcare system, offering comprehensive solutions that bridge gaps in patient care.
For National Women's Health Month, Walgreens has been highlighting the contributions of its female leaders, emphasizing the importance of women's health and wellness. The company organized events focused on work-life balance, mental health, and leadership development, furthering its commitment to diversity, equity, and inclusion.
With a mission to provide joy through better health, Walgreens Boots Alliance remains a trusted name in the healthcare and retail pharmacy sectors, continuously evolving to meet the needs of its customers and communities worldwide.
Walgreens is enhancing its specialty pharmacy services by introducing Walgreens Specialty Pharmacy, which includes Gene and Cell Services Pharmacy and Innovation Center. The company aims to improve patient outcomes, provide value to payers, and leverage its neighborhood pharmacies into growing healthcare areas. Walgreens Specialty Pharmacy offers a wide range of services, including gene and cell therapy, central specialty pharmacies, community-based specialty pharmacies, specialty-trained pharmacists, patient advocacy support, and distribution drugs. The company is focused on breaking through healthcare silos and providing comprehensive care to help payers manage specialty costs. With $24 billion in annual enterprise specialty revenue, Walgreens Specialty Pharmacy is the largest independent provider in the U.S. The company is committed to an integrated care model to serve patients effectively.
DoorDash and Walgreens have teamed up to offer SNAP customers the ability to make purchases at Walgreens using their SNAP/EBT cards. DoorDash is the first platform to enable SNAP customers to buy directly from Walgreens, expanding food access for millions of individuals living in food deserts or SNAP/EBT communities. This partnership provides convenient access to over 4,000 SNAP-eligible products for delivery within an hour through DoorDash, helping consumers fulfill their grocery needs quickly and affordably.
For National Women's Health Month, Walgreens Healthcare Supervisor La Vonia Cannon, shares her inspiring 24-year career journey at Walgreens. Starting as a pharmacist, she now oversees 62 stores, supports district managers, and leads the Women of WBA business resource group. She emphasizes women's leadership, wellness, and empowerment, organizing events focused on health and work-life balance. Her dedication to professional growth, health advocacy, and work-life balance exemplifies her leadership and commitment to women's health.
Walgreens Boots Alliance, Inc. has provided a summary notice regarding a pending and proposed settlement of a shareholder derivative action. The action was brought on behalf of the company and involves various defendants. A hearing will be held to determine the approval of the settlement, including attorneys' fees and expenses. Shareholders are encouraged to review the detailed notice and have the opportunity to comment on the settlement.
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