Saturday, September 23, 2006

Wal-Mart to Charge $4 for Generics


As of yesterday, customers of Wal-Mart in the Tampa Bay, Florida area could purchase a 30-day supply of almost 300 commonly prescribed generic drugs for $4 each. The program will be available across Florida in January, and in additional states next year.

Not to be undercut, Target Corporation announced it would match Wal-Mart's lower prices beginning in the Tampa Bay area.

To see a list of all 291 generic drugs affected, visit Wal-Mart's press release, scroll to the bottom, and select "List of available $4 generic drugs".

Here's an excerpt of the diabetes medications:



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For Wal-Mart's press release:
Wal-Mart Cuts Generic Prescription Medicines to $4

For Target's press release:
Target Corporation to Remain Competitive on Pricing; Lowering Prices on Number of Generic Drugs