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Last Updated: Tuesday, March 10, 2009
Cutting of generic drug prices is a break that merits praise
Buffalo News (New York) March 3, 2009 Retailers are acutely in tune with the current difficult economic times, which are reflected woefully in lower sales figures. That awareness is reflected, to the benefit of consumers, in the lowering of prescription drug prices at Walmart, with stores like Wegmans following suit. Whether this is purely altruism is a matter of fruitless discussion. It could be that these moves are borne out of competitiveness in an increasingly discerning market, but so what? It's a boon for consumers, and the stores deserve credit for providing it. The latest news: Wegmans customers with a Shoppers Club card will discover lower prices on 389 generic prescription medications at the chain's pharmacies. Certain generic drugs will be reduced, with 30-day prescriptions for $4 and 90-day supplies at $10. Wegmans had already started offering select generics for $11.99 for 90-day supply back in 2006, shortly after Walmart started selling generics at $4 for a 30-day supply. Read on.
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