Retail Pharmacy sales were approximately $250 billion in 2006, with more than 3.4 billion prescriptions dispensed. The retail pharmacy industry continues to evolve. The leading industry players, CVS Caremark and Walgreens, each made strategic moves recently that signal a new market strategy. Both companies are acquiring or building a major stake in the pharmacy benefit management industry that to a large extent controls pharmacy reimbursements and determines where patients can get their prescriptions filled. All retail pharmacy operators are looking for ways to help improve their business and offset reimbursement losses. New industry initiatives include: medication therapy management, disease state management, and in-store health clinics. Knowledge Source's 2007 Retail Pharmacies Market Overview, 220 pages in length, provides the information you need to gain an understanding of the retail pharmacy market and the trends which affect it. Knowledge Source's 2007 Retail Pharmacies Market Overview also identifies more than 35 major market participants, including chain drug stores, mass merchants and supermarkets, and provides information on each company which includes (when available): company background, company strategy, financial/statistical information, and recent activities. |