Pharmacies

Arkansas Attorney General sues Temu, pharmacy benefit managers

KUAR | By Josie Lenora

Arkansas Attorney General Tim Griffin announced two new lawsuits Monday and Tuesday. One suit targets two pharmacy benefit managers, companies he says financially profited from the opioid crisis. The other was against the online retail site Temu for allegedly using malware on customers.

Pharmacy Benefit Managers

Pharmacy benefit managers work as the middle men between pharmacists and health insurance companies. They negotiate for rebates with pharmaceutical companies.

Arkansas' suit is specifically against the companies Optum and Express Scripts. Both rake in billions of dollars each year in profit. Griffin says both groups profited from the opioid crisis “pill by pill and dollar by dollar.”

Arkansas Attorney General sues Temu, pharmacy benefit managers

Brookshires Grocery sells 120 pharmacies to Walgreens, including Arkansas operations

by Talk Business & Politics staff (staff2@talkbusiness.net)

Brookshire Grocery Co. (BGC) announced an agreement with Walgreens for the publicly-traded pharmacy chain to acquire 120 Brookshire pharmacies in Arkansas, Louisiana and Texas. Grocery store operations are not part of the transaction.

Financial terms of the Brookshire-Walgreens deal were not disclosed.

Walgreens will receive pharmacy customer prescription files and related pharmacy inventory. The vast majority of Brookshire locations are being converted to Walgreens pharmacies within existing grocery stores.

https://talkbusiness.net/2023/07/brookshires-grocery-sells-120-pharmacies-to-walgreens-including-arkansas-operations/