Walgreens buys 40% stake in Chinese pharmacy chain for $416M

(By Ayla Ellison for  Becker’s Hospital Review)

Deerfield, Ill.-based Walgreens Boots Alliance said Wednesday it would invest about $416 million to acquire a 40 percent stake in Sinopharm Holding GuoDa Drugstores, which operates and franchises retail pharmacies across China. Continue reading article here…

Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; medicarereport.org cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or medicarereport.org.

Leave a Reply