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PHILADELPHIA — Five pharmacies dominated prescription drug dispensing revenues in the United States last year, according to a new study.
The proprietary study, by the Drug Channels Institute, found that pharmacy retailers CVS Caremark, Walgreens, Rite Aid, Walmart and pharmacy benefit manager Express Scripts accounted for 63% of all prescription drug revenues in the $276.5 billion U.S. pharmacy industry in 2012.
"Next year, these companies will benefit from healthcare reform's implementation, which will sharply increase U.S. spending on prescription drugs," Drug Channels Institute CEO Adam Fein said.