Walgreen Boots Stock Price, News & Analysis

Walgreens, in collaboration with Western Dental & Orthodontics and the Southern California Chapter of NFL Alumni, will offer free COVID vaccinations at a Holiday Block Party on December 4, from 11 a.m. to 3 p.m. in Santa Ana, California. The event provides free COVID vaccines, boosters, and flu shots to individuals aged 5 and older. Notable attendees include NFL alumni James Washington and Jarrod Bunch. The initiative aims to increase vaccination rates in Southern California as part of ongoing pandemic efforts.

Walgreens Boots Alliance (WBA) has announced its agreement to acquire the remaining 30% share of its joint venture with McKesson Corporation (MCK) in Germany, making WBA the sole owner of GEHE Pharma Handel and Alliance Healthcare Deutschland. This acquisition is part of McKesson's strategy to fully exit the European market. The transaction's financial terms were not disclosed and are subject to regulatory approval. This move aims to strengthen WBA's presence in the German pharmaceutical distribution market.

Walgreens Boots Alliance (WBA) will have CEO Roz Brewer and CFO James Kehoe speak at the 4th Annual Evercore ISI HealthCONx Virtual Conference on November 29 at 5:00 p.m. ET. The event will be accessible via WBA's investor relations website, providing insights into the company's role in healthcare and retail.

WBA operates around 13,000 locations globally and employs over 315,000 team members. They focus on improving healthcare access and sustainability, as noted by their inclusion in the Dow Jones Sustainability Indices.

Walgreens has announced that individuals over 18 can now receive COVID-19 vaccine boosters from Pfizer, Moderna, or Johnson & Johnson at stores nationwide. This follows the FDA's recent expansion of Emergency Use Authorization for these vaccines. Appointments can be scheduled through the Walgreens app or website, enhancing accessibility for communities during the holiday season. The CDC recommends boosters for those eligible based on their prior vaccination history. Walgreens continues to prioritize health services across its nearly 9,000 locations.

Walgreens has announced that members of its Prescription Savings Club can save up to 80% on long-acting insulins, specifically Insulin Glargine (insulin glargine-yfgn), co-developed with Viatris and Biocon Biologics. The insulin will cost $71.99 for a vial and $84.99 for a box of five pens. Increasing insulin prices have led many diabetics to reduce or skip doses; therefore, this initiative aims to improve access and adherence among those uninsured or underinsured, benefiting over 34 million adults with diabetes in the U.S.

Walgreens Boots Alliance (WBA) and VillageMD are set to open over 20 new primary care practices in the Dallas area, marking their expansion into Texas's fourth major market. The first location opened on October 26, with several more to follow. This initiative aims to provide accessible healthcare, particularly for chronic disease patients, as Texas currently ranks poorly in primary care access. By 2027, the companies plan to launch 1,000 primary care practices, with many located in underserved areas, enhancing community healthcare services.

Walgreens Boots Alliance (WBA) and VillageMD announce the opening of 20 new Village Medical at Walgreens primary care practices in Tampa over the next year. The first location opened on Oct. 26. This expansion follows a similar effort in Orlando, enhancing access to healthcare for Florida residents, particularly those with chronic conditions. The partnership aims to create over 990 jobs and includes a commitment to have 1,000 primary care practices by 2027, with over half located in underserved areas, improving healthcare access and coordination.