Walgreens Partnership Strategy Won't End With Microsoft

Forbes January 17, 2019
Bruce Japsen

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Walgreens-Microsoft partnership is designed to draw other healthcare providers and companies into an “ecosystem”
Walgreens and Microsoft plan to “explore the potential” to establish “joint innovation centers in key markets.”
The declaration by Walgreens Boots Alliance chief executive Stefano Pessina that the retail drugstore chain’s strategic partnership with Microsoft is designed to create a “seamless ecosystem of participating organizations” means more deals are likely ahead.
Walgreens has shied away from expensive acquisitions like CVS Health’s $70 billion purchase of Aetna, the nation’s largest third-largest health insurer, in favor of alliances, partnerships and joint ventures. Walgreens has used the partnership strategy as a way to test ideas before committing large amounts of capital and...

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