Wal-Mart Mexico Makes Shelf Space for Inexpensive Generic Drugs

by Medindia Content Team on  April 27, 2007 at 6:37 PM Drug News
RSS Email Print This Page Comment
Font : A-A+

Wal-Mart Mexico Makes Shelf Space for Inexpensive Generic Drugs
Walmex, the popular retailer in Mexico has opened the channels to make available a line of 150 inexpensive generic drugs costing as less as $3.50. This move has elevated the position of the shopping conglomerate as a great way to avail facilities under one roof.

Last year, Walmex's parent company, Wal-Mart Stores Inc. led the way with a similar move of providing generic drugs for $4 per prescription.

According to the statement released by the parent company, U.S. Wal-Mart, the $4 prescriptions make up for 35% of all prescriptions written at the Wal-Mart stores

The low-priced drugs could be anything from pain relievers, paracetamol medicines to stronger medicines for conditions like migraine.

Few of the drugs manufactured by different laboratories will be 90% cheaper than the cost of popular over-the-counter drugs.

Walmex will be buying the drugs from labs such as Canifarma that caters to more than 150 pharmaceutical companies.

Source: Medindia
SAV/V

Post a Comment

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
Notify me when reply is posted
I agree to the terms and conditions

More News on:

Signature Drug Toxicity 

News A - Z

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

News Search

Medindia Newsletters

Subscribe to our Free Newsletters!

Terms & Conditions and Privacy Policy.

Advertisement
Advertisement

Stay Connected

  • Available on the Android Market
  • Available on the App Store

Facebook

News Category

News Archive