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Walgreen, Express Scripts Agree To Dismiss Claims In Dispute

DOW JONES NEWSWIRES Walgreen Co. (WAG) and Express Scripts Holding Co. (ESRX) have agreed to dismiss claims related to a dispute in which Express Scripts accused the drugstore company of violating an agreement between the two companies while making disparaging remarks. "These dismissals have no impact on the parties' ability or inability to come to terms on a pharmacy agreement," Walgreen said Friday in a statement. An Express Scripts spokesman wasn't immediately available for comment. A complaint filed by Express Scripts in federal court in September alleged "Walgreens has launched an aggressive campaign to disparage Express Scripts, disenroll Express Scripts' commercial and Medicare Part D members and to promote and prefer other Medicare Part D programs to the exclusion of those offered through Express Scripts." Walgreen drugstores left the pharmacy-benefit manager's network at the start of the year after the companies failed to reach a contract-renewal agreement. The broken relationship meant people with drug benefits covered by Express Scripts had to find another pharmacy to get the best price when filling prescriptions, though Express Scripts has said it has had a smooth transition away from its relationship with Walgreen. -By Nathalie Tadena, Dow Jones Newswires; 212-416-3287; nathalie.tadena@dowjones.com

Stock News for Walgreen (WAG)
DateTimeHeadline
04/03/201413:59:20Walgreen Agrees to Sell Majority Stake in Worksite Centers
04/03/201408:44:18Walgreen's Same-Store Sales Rise 3.5% in March
03/25/201416:59:10MARKET SNAPSHOT: U.S. Stocks End Higher; Plug Soars
03/25/201413:36:31MARKET SNAPSHOT: U.S. Stocks Mostly Higher After Confidence Data
03/25/201410:49:20MARKET SNAPSHOT: U.S. Stocks Hold Gains After Confidence Data
03/25/201410:17:12MARKET SNAPSHOT: U.S. Stocks Rise Amid Data; Dow Up Triple Digits
03/25/201409:41:12U.S. Hot Stocks: Hot Stocks to Watch
03/25/201408:40:04Walgreen Profit Edges Down
03/25/201408:34:55Walgreen Profit Edges Down; Store-Closing Plans Unveiled
03/23/201407:07:35MARKET SNAPSHOT: Stock Buybacks Likely To Peak With End Of Cheap...
03/17/201417:37:48Attorneys General Urge Major Retailers to Stop Selling Tobacco...
03/17/201416:00:51Major Retailers Urged to Stop Selling Tobacco Products
03/17/201415:31:14Attorneys General Urge Major Retailers to Stop Selling Tobacco...
03/17/201413:17:32Correction to Tobacco Products Story
03/17/201410:43:20Attorneys General Urge Major Retailers to Stop Selling Tobacco...
03/06/201409:28:09Rite Aid Same-Store Sales Rise in February, 4th Quarter
02/28/201414:53:13Fred's Has Contacted CVS, Walgreen, Dollar General, H.I.G. Capital...
02/05/201408:45:17Walgreen Same-Store Sales Rose 2.9% in January
02/05/201408:10:08CVS to Stop Selling Cigarettes
02/03/201416:39:52Walgreen Sues Rite Aid, CVS Caremark and Shopko Over Patent Related...

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