Wal-Mart Mexico Makes Shelf Space for Inexpensive Generic Drugs

by Medindia Content Team on  April 27, 2007 at 6:37 PM Drug News
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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.
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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.

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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
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