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Actionable news in WBA: WALGREENS BOOTS ALLIANCE Inc,

Valeant Cuts Some Drug Prices in Walgreens Distribution Pact

Valeant Pharmaceuticals International Inc., under scrutiny for its drug-pricing practices, agreed to sell its skin and eye medicines through Walgreens Boots Alliance Inc. and cut their price.

The drugmaker will trim prices by 10 percent for branded prescription-based dermatology and ophthalmology products distributed through Walgreens’ more than 8,000 U.S. pharmacies, according to a statement on Tuesday. The Laval, Quebec-based company also plans to extend the distribution model to other independent pharmacies.

Valeant has been under pressure over how it prices drugs...


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