STOCK TITAN

Walgreens Statement in Support of President-Elect Biden’s COVID-19 Update

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
covid-19
Rhea-AI Summary

Walgreens has issued a statement in response to President-elect Biden’s COVID-19 Update, expressing support for his plan to boost vaccine distribution through pharmacies. Walgreens cites its extensive network and experience, stating it is well-positioned to administer COVID-19 vaccines across the nation. The company has been vaccinating vulnerable populations in long-term care facilities since December and is ready to broaden its vaccine efforts in local communities. Walgreens aims to provide convenient and equitable access to vaccines for all Americans.

Positive
  • Strong alignment with federal vaccine distribution efforts may increase Walgreens' role and visibility in the healthcare market.
  • Walgreens has experience vaccinating vulnerable populations, reinforcing its credibility in vaccine administration.
Negative
  • None.

Following President-elect Joe Biden’s COVID-19 Update, Walgreens issued the following statement from John Standley, Walgreens president.

“Walgreens applauds President-elect Biden plan to accelerate vaccine distribution efforts by utilizing pharmacies across the country. With our nationwide footprint, extensive vaccine experience, trusted community presence and pharmacy expertise, Walgreens is well-positioned to administer COVID-19 vaccines and help our nation emerge from this pandemic.

While we have been vaccinating our most vulnerable population in long-term care facilities since late December, our team members embedded in the communities we serve stand ready, willing and able to vaccinate in our stores. We look forward to working with the president-elect to expand vaccines in a way that is convenient and equitable for all Americans.”

About Walgreens

Walgreens (www.walgreens.com) is included in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc. (Nasdaq: WBA), a global leader in retail and wholesale pharmacy. As America’s most loved pharmacy, health and beauty company, Walgreens purpose is to champion the health and wellbeing of every community in America. Operating more than 9,000 retail locations across America, Puerto Rico and the U.S. Virgin Islands, Walgreens is proud to be a neighborhood health destination serving approximately 8 million customers each day. Walgreens pharmacists play a critical role in the U.S. healthcare system by providing a wide range of pharmacy and healthcare services. To best meet the needs of customers and patients, Walgreens offers a true omnichannel experience, with platforms bringing together physical and digital, supported by the latest technology to deliver high-quality products and services in local communities nationwide.

FAQ

What is Walgreens' role in COVID-19 vaccine distribution?

Walgreens supports President-elect Biden's plan to accelerate vaccine distribution using its pharmacy network, emphasizing its readiness to serve communities.

How has Walgreens prepared for vaccine administration?

Walgreens has been vaccinating vulnerable populations in long-term care facilities since late December and is prepared to expand vaccine services in its stores.

What is Walgreens' commitment to community health during the pandemic?

Walgreens commits to providing convenient and equitable vaccine access, leveraging its nationwide presence and pharmacy expertise.

What is the significance of Walgreens in the retail pharmacy industry?

As part of Walgreens Boots Alliance, Walgreens operates over 9,000 locations, serving approximately 8 million customers daily, highlighting its significant role in U.S. healthcare.

Walgreens Boots Alliance, Inc

NASDAQ:WBA

WBA Rankings

WBA Latest News

WBA Stock Data

8.07B
711.67M
17.66%
61.81%
11.66%
Pharmaceutical Retailers
Retail-drug Stores and Proprietary Stores
Link
United States of America
DEERFIELD