July 2, 2008

Walgreens Completes Acquisition of CuraScript Infusion Pharmacy

Drugstore operator Walgreens, through its subsidiary Option Care Enterprises, has completed its acquisition of CuraScript Infusion Pharmacy, a wholly owned subsidiary of Express Scripts.

Walgreens acquired each of CuraScript Infusion Pharmacy's 12 facilities located in Alabama, Indiana, Kentucky, Missouri, Ohio and Tennessee. Terms of the agreement were not disclosed.

Paul Mastrapa, president of Walgreens OptionCare, said: "This acquisition further expands our national coverage in home infusion services. We now operate more than 100 home infusion locations in 35 states.

"CuraScript Infusion Pharmacy is highly regarded in the industry for its clinical expertise and commitment to exceptional patient care. We welcome this addition to our infusion pharmacy network and look forward to reaching even more patients with this combined high level of personalized therapy and support."

Express Scripts is retaining ownership of CuraScript Specialty Pharmacy and CuraScript Specialty Distribution.