WALGREENS

Walgreens Boots Alliance CFO James Kehoe outlined the forthcoming venture as part of his and co-COO Alex Gourlay's participation in the J.P. Morgan Healthcare Conference.

Walgreens is launching credit cards and prepaid debit cards in partnership with Synchrony and Mastercard.

Walgreens Boots Alliance said its investment in iA was meant to support the company's expansion and help develop automation solutions that would benefit the entire pharmacy industry.

Though WBA swung to a loss for the quarter, solid revenue growth from Walgreens and progress on its strategic priorities buoyed the company in Q1.

As the companies prepare to build hundreds of Village Medical at Walgreens co-branded clinics, Walgreens Boots Alliance is speeding up its $1 billion investment in VillageMD

The company is selling Alliance Healthcare to AmerisourceBergen for $6.5 billion in a cash-and-stock transaction comprised of $6.3 billion in cash and 2 million shares of AmerisourceBergen common stock. 

CVS Health and Walgreens said they expect to complete the administration of COVID-19 vaccines in skilled long-term care facilities nationwide by Jan. 25.

Walgreens, in partnership with LabCorp, is offering the Pixel by LabCorp At-Home COVID-19 Collection Kit via Walgreens Find Care.