Walgreens Announces Distribution Agreement With Valeant (NASDAQ:WBA)

Walgreens Boots Alliance has inked a deal with Valeant Pharmaceuticals International to distribute drugs from the company through its stores. Under the terms of the deal, Valeant would ship drugs directly to Walgreens, which in turn would be paid dispensing and distribution fees. The new arrangement is supposed to last for 20 years. The companies announced the deal on Tuesday, the day before Valeant had a big scheduled meeting with investors.

The distribution deal was meant to reassure investors about the company

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