Walgreens To Acquire Home Pharmacy of California

DEERFIELD, Ill.–Walgreens Home Care announced last week that it
will purchase Home Pharmacy of California. The nearly 20-year-old
company, which operates pharmacies in Burbank, Corona and Ventura,
provides home infusion, hospice and nutrition therapies, as well as
specialty pharmacy services. The acquisition is expected to close
later this year, pending regulatory approval.

“We are excited to make this announcement because of the new
opportunities it creates to expand our services to the California
marketplace,” said Ron Allen, Walgreens vice president of home care
services.

Walgreens Home Care, a division of Walgreens Health Initiatives,
operates more than 40 branches in Arizona, Florida, Illinois,
Indiana, New Mexico, Oklahoma, Texas and Wisconsin. WHI is a
subsidiary of Walgreen Co., with fiscal 2005 sales of $42.2 billion
and more than 5,000 stores in 45 states and Puerto Rico.