Walgreen Co. to Buy Infertility Specialty Pharmacy

Deerfield, Ill., Walgreens Health Services, the managed-care division of Walgreen Co., has agreed to acquire N.J.-based Schraft’s A Specialty Pharmacy LLC. The family-owned pharmacy is one of the nation’s leading providers of advanced fertility medications and services. Terms of the agreement were not disclosed. The acquisition is expected to close later this year, pending regulatory approval.

“We’re excited to reach this agreement with Schraft’s and look forward to making their services accessible to Walgreens pharmacy patients,” said Ron Weinert, VP of patient services, Walgreens Health Services.