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 your Comments

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.
* Your comment can be maximum of 2500 characters
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.

Stay Connected

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

Facebook

News Category

News Archive