American giant enters Russia’s pharmacy network
19-Apr-16, The News Hub
The largest U.S. retail pharmacy, Walgreens Boots Alliance (WBA), has become the owner of a 15 percent stake in the Russian pharmacy chain 36,6 (the share in the Russian pharmaceutical market amounts to 7.8 percent).
%20Newseurope.jpg "American giant enters Russias pharmacy network (c) Newseurope")
Image: Newseurope
In return Walgreens Boots Alliance has sold Alliance Healthcare Russia, its Russian distributor, to 36, 6. In future WBA will be able to hold a controlling interest in 36,6.
Walgreens Boots Alliance is the world's largest pharmaceutical company. It operates 13,100 stores across 11 countries, with over 350 distribution centers delivering to more than 200,000 pharmacies, doctors, health centers and hospitals each year in 25 countries.