CNBC October 16, 2018
- CVS Health has been touting itself as a health-care company as it acquires insurer Aetna.
- Walgreens Boots Alliance CEO Stefano Pessina says Walgreens is a “true health-care company.”
- Amazon has already stolen sales of everyday items and is in the process of acquiring online pharmacy Pillpack.
Walgreens wants to be seen as more than a retailer.
Its competitor, CVS Health, has been touting itself as a health-care company dedicated to transforming the patient experience and lowering costs in the process. To help its case, CVS is acquiring insurer Aetna and hopes to close the deal sometime in the fourth quarter.