BENTONVILLE, Ark., Nov. 27 /PRNewswire-FirstCall/ -- Wal-Mart Stores, Inc., (NYSE: WMT) announced that beginning on Tuesday, November 28, 2006, it is launching its $4 generic prescription program in 11 additional states, making the program available in all of its U.S. pharmacies.
With the announcement, the expanded $4 generic prescription program will now be available in an additional 811 stores throughout California, Colorado, Connecticut, Hawaii, Louisiana, Minnesota, Montana, Pennsylvania, Tennessee, Wisconsin and Wyoming. Though it kicked off the program in Florida in September, with intentions to spread outside the state in January 2007, Wal- Mart said customer demand led it to accelerate the rollout of the program - now available in all of its 3,810 pharmacies.
"When we made our initial announcement in Florida back in September, we never imagined that in addition to our 3,800 pharmacies, thousands of others would join us in bringing more affordable medicines to our nation's seniors, working families and the uninsured. We are proud to have introduced competition to an area where it has been too scarce for too long," said Wal- Mart President and CEO Lee Scott. "And, we hope others will continue to join us in making prescription medicines more affordable and accessible for all Americans."
With the announcement, Wal-Mart has expanded the program to include 331 generic prescriptions available for up to a 30-day supply at commonly prescribed dosages. The list is made up of as many as 143 compounds in 26 therapeutic categories. According to http://www.rxlist.com/, the list also includes 14 of the top 20 prescribed medications in the United States.
Response to the program has been considerable. Between September 21 and November 12, as the first 27 states were added to the program, 2.1 million more new prescriptions were filled in those states as compared to the same time periods last year. Generic medicines generally cost between 30 percent and 60 percent less than equivalent brand-name products, and Wal-Mart estimates that its list of $4 generic prescriptions represents more than 25 percent of prescriptions currently dispensed in its pharmacies nationwide.
Bill Simon, executive vice president of Wal-Mart's Professional Services Division, said the customer response has been significant. He said that he has heard hundreds of stories from customers and pharmacists about the program's value. He also noted that many customers have greatly benefited from the savings and consumer demand has been a significant factor in the program's expansion.
"This program has had a positive impact on millions of Americans. We have received hundreds of letters and e-mails from customers over the last few months telling us how this program has changed their lives," said Simon. "There are so many folks out there who are living on limited budgets and have paid too much for their medicines for too long. Their stories drove us to expand this program as quickly as possible, and it drove our competitors to meet our $4 price. This program is good for customers, our communities and our healthcare system."
Simon said that certain generic drugs in the program are priced higher than $4 in some states due to state law and customers in those states should see their Wal-Mart pharmacist or walmart.com/pharmacy for details starting Tuesday, Nov. 28. He also noted that the program is not available in North Dakota because the company does not operate its own pharmacies in the state. Wal-Mart leases space to pharmacies in North Dakota, he explained.
Savings on top-selling prescription medications in the program are projected to be significant. For specific medications, the company estimates the following approximate savings to Wal-Mart, Neighborhood Market and Sam's Club customers and members in the 38 states that were announced prior to today's announcement, based on September average retail prices from http://www.myfloridarx.com/
-- Metformin (500 mg), a diabetes medication: about $1.3 million monthly
and $16 million annually on this medication.
-- Warfarin (5 mg), a medication to prevent blood clots: about $750,000
monthly and $9 million annually on this medication.
Generics contain the same high quality active ingredients as their brand- name counterparts and are equally effective, but cost significantly less. Consumers interested in saving money on prescriptions through the program should ask their doctor if a generic is available for their prescription and is right for them.
At this time, the $4 prescriptions are not available by mail order, but are available online or by telephone for refills only for in-person pickup in Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin and Wyoming. For further information on the program, including store locations, customers can call 1- 800-WAL-MART, go to http://www.walmart.com/, or visit their Wal-Mart, Neighborhood Market or Sam's Club in participating states to discuss the program with their pharmacist or pick up a brochure explaining program details.
In addition to offering the $4 generics program in 49 states, Wal-Mart, Sam's Club and Neighborhood Market pharmacies offer multiple benefits to consumers. With its proprietary interactive computer system, Wal-Mart speeds up workflow and accuracy in product distribution, allowing pharmacists to spend more time with customers.
The company also designates one pharmacy associate per store to be a Medicare Part D expert, who, in conjunction with its in-store informational kiosks, helps customers understand both the enrollment process and the benefits to which they are entitled. These systems have enabled the retailer to help enroll 1,080,000 people for the Medicare Part D prescription drug benefit, as of October 26, 2006. Wal-Mart pharmacies' sophisticated coordination of benefits services enables it to process up to four payors for Medicare beneficiaries and up to three payors for non-Medicare beneficiaries, leading to less reimbursement hassle and paperwork for customers.
Wal-Mart has revolutionized the packaging of pharmaceuticals by offering safer, user-friendly blister packs that contain individual periodic doses of medications, along with details and easy-to-understand instructions for consumers. In addition, Wal-Mart offers low pricing on over-the-counter cough, cold and fever medications. The company estimates its customers will save approximately $20 million on cough, cold and fever medications this cold and flu season.
About Wal-Mart
Wal-Mart Stores, Inc. (NYSE: WMT) operates Wal-Mart Stores, Supercenters, Neighborhood Markets and SAM'S CLUB locations in the United States. The company also operates in Argentina, Brazil, Canada, China, Costa Rica, El Salvador, Guatemala, Honduras, Japan, Mexico, Nicaragua, Puerto Rico and the United Kingdom. The company's securities are listed on the New York and NYSE
Area stock exchanges under the symbol WMT. More information about Wal-Mart can be found by visiting http://www.walmartfacts.com/.
Wal-Mart/SAM'S CLUB $4 Generic Prescription Program
The following generic prescriptions are available under the Wal-Mart $4 generic prescription drug program, as of November 28, 2006. The price is available in select stores only, and at up to a 30 day supply at commonly prescribed dosages. The prescriptions on this list are subject to change at any time.
Allergy
Loratadine 10MG TAB
Loratadine 5MG/5ML SYP*
Analgesics
Antipy/Benzo Otic SOL
Baclofen 10MG TAB
Cyclobenzaprine 10MG TAB
Cyclobenzaprine 5MG TAB
Lidocaine 2% VISC SOL
Tramadol HCL 50MG TAB
Anti-anxiety
Busiprone 5 MG TAB
Busiprone 10 MG TAB*
Anti-inflammatory
Betameth DIP 0.05% CRE 15
Betameth DIP 0.05% CRE 45
Betameth VAL 0.1% CRE 15
Betameth VAL 0.1% CRE 45
Betameth VAL 0.1% OIN 15
Betameth VAL 0.1% OIN 45
Dexamethasone 0.5MG TAB
Dexamethasone 0.75MG TAB
Dexamethasone 4MG TAB*
Diclotenac 75MG DR TAB
Fluocinide ACET 0.01% SOL
Fluocinonide 0.05% CRE 15
Fluocinonide 0.05% CRE 30
Hydrocortisone 1% CRE 30
Hydrocortisone 2.5% CRE 30
Hydrocortisone AC 25MG SUP
Ibuprofen 100/5ML SUS*
Ibuprofen 400MG TAB
Ibuprofen 600MG TAB
Iburpofen 800MG TAB
Indomethacin 25MG CAP*
Meloxicam 15MG
Meloxicam 7.5 MG
Methylprednisolone 4MG PAK
Methylprednisolone 4MG TAB
Naproxen 375MG TAB*
Naproxen 500MG TAB
Piroxicam 20MG CAP
Prednisone 2.5MG TAB
Prednisone 5MG TAB
Prednisone 10MG TAB
Prednisone 20MG TAB
Prednisone 10MG PAK 48*
Prednisone 10MG PAK 21
Prednisone 5MG PAK 48*
Prednisone 5MG 6DAYPAK
Salsalate 500MG TAB
Triamcinolone 0.025% CRE 15
Triamcinolone 0.025% CRE 80
Triamcinolone 0.1% CRE 15
Triamcinolone 0.1% CRE 80
Triamcinolon 0.1% OIN 15
Triamcinolone 0.1% OIN 80
Triamcinolon 0.5% CRE
Antibiotic
Amoxicillin 125/5ML SUS 100
Amoxicillin 125/5ML SUS 80
Amoxicillin 125/5ML SUS 150
Amoxicillin 200/5ML SUS 50
Amoxicillin 200/5ML SUS 75*
Amoxicillin 200/5ML SUS 100*
Amoxicillin 250/5ML SUS 100
Amoxicillin 250/5ML SUS 80
Amoxicillin 250/5ML SUS 150
Amoxicillin 250MG CAP
Amoxicillin 400/5ML SUS 50
Amoxicillin 400/5ML SUS 75*
Amoxicillin 400/5ML SUS 100*
Amoxicillin 500MG CAP
Amoxil 50MG/ML DRO*
Bacitracin OP OIN
Cephalexin 250MG CAP
Cephalexin 500MG CAP
Ciprofloxacin 500MG TAB
Ciprofloxacin 250MG TAB
Doxycycline HYC 100MG CAP
Doxycycline HYC 100MG TAB
Doxycycline HYC 50MG CAP
Erythrocin 250MG TAB*
Erothromycin 2% SOL
Erothromycin OP OIN
Erothromycin 250MG ECCAP*
Gentamicin 0.1% CRE
Gentamicin 0.1% OIN
Gentamicin 0.3% OP SOL
Isoniazid 300MG TAB
Metronidazole 250MG TAB
Metronidazole 500MG TAB
Neo/Poly/Dex 0.1% OPOIN
Neo/Poly/Dex 0.1% OPSUS
Penicillin VK 125/5MLSOL
Penicillin VK 250/5MLSOL
Penicillin VK 250MG TAB
Selenium SUL 2.5% LOT*
SMZTMP DS 800160 TAB
SMZTMP 20040/5 SUS
SMZTMP 40080MG TAB
Sulfacetamide SOD 10% OP SOL
Tetracycline 250MG CAP
Tetracycline 500MG CAP
Tobramycin 0.3% OP SOL
Polymixin SULF/TMP SOL*
Antidepressant
Amitriptylin 100MG TAB
Amitriptylin 10MG TAB
Amitriptylin 25MG TAB
Amitriptylin 50MG TAB
Amitriptylin 75MG TAB
Citalopram 20MG TAB
Citalopram 40MG TAB
Doxepin HCL 100MG CAP
Doxepin HCL 10MG CAP
Doxepin HCL 25MG CAP
Doxepin HCL 50MG CAP
Doxepin HCL 75MG CAP
Fluoxetine 10 MG TAB*
Fluoxetine 10MG CAP*
Fluoxetine 20MG CAP
Fluoxetine 40MG CAP
Nortriptylin 10MG CAP
Nortriptylin 25MG CAP
Paroxetine 10MG TAB*
Paroxetine 20MG TAB*
Trazodone 100MG TAB
Trazodone 150MG TAB
Trazodone 50MG TAB
Antifungal
Fluconazole 150MG TAB
Nystat/Triam CRE 15
Nystat/Triam CRE 30
Nystat/Triam OIN 15
Nystatin 100000U CRE 15
Nystatin 100000U CRE 30
Nystatin100000U OIN 15
Nystatin 100000U OIN 30
Antipsychotic
Fluphenazine 1MG TAB
Haloperidol 0.5MG TAB
Haloperidol 1MG TAB
Haloperidol 2MG TAB
Haloperidol 5MG TAB
Lithium Carb 300MG CAP*
Prochlorperazine 10MG TAB
Thioridazine 25MG TAB
Thioridazine 50MG TAB
Thiothixene 2MG CAP
Antiviral
Acyclyovir 200MG CAP
Anxiety
Hydroxyzine HCL10MG/5ML SYP
Arthritis
Allopurinol 100MG TAB
Allopurinol 300MG TAB
Colchicine 0.6MG TAB
Asthma
Albuterol 0.5% NEB
Albuterol 2MG TAB
Albuterol 2MG/5ML SYP
Albuterol 4MG TAB
Cardiac
Amiloride/HCTZ 550 TAB
Atenol/CHLOR 5025MGTAB
Atenol/CHLOR100-25MGTAB
Atenolol 100MG TAB
Atenolol 25MG TAB
Atenolol 50MG TAB
Benazepril 10MG TAB
Benazepril 20MG TAB
Benazepril 40MG TAB
Benazepril 5MG TAB
Bisoprolol/HCTZ 10/6.25 TAB
Bisoprolol/HCTZ 2.5/6.25TAB
Bisoprolol/HCTZ 56.25MGTAB
Bumetanide 0.5MG TAB
Bumetanide 1MG TAB
Captopril 100MG TAB
Captopril 12.5MG TAB
Captopril 25MG TAB
Captopril 50MG TAB
Chlorthalidone 25MG TAB
Chlorthalidone 50MG TAB
Clonidine 0.1MG TAB
Clonidine 0.1MG PACK
Clonidine 0.2MG TAB
Clonidine 0.2MG PACK
Digitek 0.125MG TAB
Digitek 0.25MG TAB
Diltiazem 120MG TAB
Diltiazem 30MG TAB
Diltiazem 60MG TAB
Diltiazem 90MG TAB*
Doxazosin 1MG TAB
Doxasozin 2MG TAB
Doxasozin 4MG TAB
Doxasozin 8MG TAB
Enalapril/HCTZ 512.5MGTAB
Enalapril 10MG TAB
Enalapril 2.5MG TAB
Enalapril 20MG TAB
Enalapril 5MG TAB
Furosemide 20MG TAB
Furosemide 40MG TAB
Furosemide 80MG TAB
Guanfacine 1MG TAB
Hydralazine 10MG TAB
Hydralazine 25MG TAB
Hydrochlorothiazide 12.5MG CAP*
Hydrochlorothiazide 25MG TAB
Hydrochlorothiazide 50MG TAB
Indapamide 1.25MG TAB
Indapamide 2.5MG TAB
Isosorbide mono 30MG ERTAB
Isosorbide mono 60MG ERTAB
Lisinopril-HCTZ 10-12.5MTAB*
Lisinopril-HCTZ 20-25MG TAB*
Lisinopril-HCTZ 20-12.5TAB
Lisinopril 10MG TAB
Lisinopril 2.5MG TAB
Lisinopril 20MG TAB
Lisinopril 5MG TAB
Methyldopa 250MG TAB*
Methyldopa 500MG TAB*
Metoprolol 100MG TAB*
Metoprolol 25MG TAB
Metoprolol 50MG TAB
Nadolol 20MG TAB
Nadolol 40MG TAB
Pindolol 10MG TAB
Pindolol 5MG TAB
Prazosin HCL 1MG CAP
Prazosin HCL 2MG CAP
Prazosin HCL 5MG CAP
Propranolol 10MG TAB
Propranolol 20MG TAB
Propranolol 40MG TAB
Propranolol 80MG TAB
Sotalol HCL 80MG TAB*
Spironolactone 25MG TAB*
Terazosin 10MG CAP
Terazosin 1MG CAP
Terazosin 2MG CAP
Terazosin 5MG CAP
Triamterine/HCTZ 37.525 CAP
Triamterine/HCTZ 37.525 TAB
Triamterine/HCTZ 7550MG TAB
Verapamil 120MG TAB
Verapamil 80MG TAB
Warfarin 5MG TAB*
Warfarin 5MG PAK*
Cholesterol
Lovastatin 10MG TAB
Lovastatin 20MG TAB*
Pravastatin 10MG TAB*
Pravastatin 20MG TAB*
Pravastatin 40MG TAB*
Cough and Cold
Benzonatate 100MG CAP
Ceron DM SYP
Ceron Drops 10 OZ*
Guaifenesin DM SYP
Guiafenex DM ER*
Promethazine DM SYP
Trivent DPC 6215/5 SYP
Diabetes
Chlorpropamide 100MG TAB*
Glimepiride 1MG TAB
Glimepiride 2MG TAB
Glimepiride 4MG TAB
Glipizide 10MG TAB
Glipizide 5MG TAB*
Glyburide 2.5MG TAB (BLUE)
Glyburide 2.5MG TAB (GREEN)
Glyburide 5MG TAB (BLUE)
Glyburide 5MG TAB (GREEN)
Glyburide MCR 3MG TAB
Glyburide MCR 6MG TAB
Metformin 1000MG TAB*
Metformin 500MG TAB
Metformin 500MG ER TAB*
Metformin 850MG TAB
Gastrointestinal
Belladonna ALK/PB TAB
Cimetidine 800MG TAB
Cytra2 SOL
Dicyclomine 10MG CAP
Dicylomine 20MG TAB
Famotidine 20MG TAB
Hyoscyamine 0.125/ML DRO*
Hyoscyamine 0.125MG SUB
Hyoscyamine 0.125MG TAB
Hyoscyamine 0.375 ERTAB
Lactulose 10GM/15 SYP
Meclizine 12.5MG TAB
Meclizine 25MG TAB
Metoclopramide 10MG TAB
Metoclopramide 5MG/5ML SYP
Phenazopyridine 100MG TAB
Phenazopyridine D 200MG TAB
Promethazine 25MG TAB*
Promethazine 6.25/5MLSYP*
Ranitidine 150MG TAB
Ranitidine 300MG TAB
Gingivitis
Chlorhexadrine GLU 0.12% SOL
Glaucoma/Eye
Atropine SUL 1% OP SOL
Pilocarpine 1% OP SOL
Pilocarpine 2% OP SOL
Hormonal
Estradiol 0.5MG TAB
Estradiol 1MG TAB
Estradiol 2MG TAB
Estropipate 0.75MG TAB
Estropipate 1.5MG TAB*
Medroxyprogesterone AC 10MG TAB
Medroxyprogesterone AC 2.5MG TAB
Medroxyprogesterone AC 5MG TAB
Incontinence
Oxybutynin 5MG TAB
Oncology/Cancer
Megestrol 20MG*
Parkinson's
Benztropine 2MG TAB
Trihexyphenadyl 2MG TAB
Seizure
Carbamazepine 200MG TAB*
Thyroid
Levothyroxine 25MCG TAB
Levothyroxine 50MCG TAB
Levothyroxine 75MCG TAB
Levothyroxine 88MCG TAB
Levothyroxine 100MCG TAB
Levothyroxine 112MCG TAB
Levothyroxine 125MCG TAB
Levothyroxine 150MCG TAB
Levothyroxine 175MCG TAB*
Levothyroxine 200MCG TAB*
Vitamins
Ethedent 0.25MG CHW*
Folic acid 1MG TAB
Klorcon 10 10MEQ ERTAB*
Klorcon 8 TAB 8MEQ ER
Klorcon M10 TAB
Magnesium oxide 400MG TAB
Mag64 64MG TAB
Multivitamin 0.25MG CHW
Multivitamin/FL/FE CHW
Multivitamin/BET /FL 1MGCHW
Multivitamin/BET 0.5MGFL CHW
Natalcare PIC TAB*
Natalcare Plus TAB*
Potassium chloride 10% LIQ
Prenatal Rx TAB*
* These prescriptions are priced higher than $4 in CO, CA, HI, MN, MT, PA,
TN, WI and WY due to state laws. Customers in those states should see
their Wal-Mart pharmacist or walmart.com/pharmacy for price details.
Website: http://www.walmartstores.com/