Walgreens Planning to Move Forward Without Express Scripts Pharmacy Provider Network in 2012

Walgreens WAG today said that contract renewal negotiations with pharmacy benefit manager Express Scripts, Inc. ESRX have been unsuccessful, and as a result the company is planning not to be part of Express Scripts' pharmacy provider network as of Jan. 1, 2012. Beginning next year, Express Scripts' network would no longer include Walgreens 7,700 pharmacies nationwide, including Walgreens more than 250 Duane Reade pharmacies in the New York City area.