STAT June 14, 2024
LOS ANGELES – For the past two years, Walgreens has tried to leverage its nationwide footprint to recruit customers who pick up drugs at its stores into clinical trials, in an effort to diversify participation in studies of new medicines.
Other retailers have struggled with similar efforts to expand beyond their core pharmacy operations. Last year, CVS ended its clinical trial endeavors after two years, and earlier this year, Walmart closed several of its medical clinics. Walgreens hasn’t escaped such troubles either, announcing earlier this year it was closing 160 of its Village MD clinics due to slow growth.
Despite this, Walgreens is “doubling down” on its efforts in clinical trials, said Ramita Tandon, the company’s chief clinical trials officer....
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