McKesson and Wal-Mart Stores has agreed to join forces in generic pharmaceuticals business.

McKesson, a pharmaceutical company and Wal-Mart Stores, a retail seller has agreed to join forces in generic pharmaceuticals business. “McKesson and Walmart have worked together for decades and throughout our relationship both companies have engaged in an on-going dialogue about how we can work together to bring more efficiency and value to the health care supply chain. Expanding our relationship to include a sourcing partnership for generics makes economic and strategic sense for both of us—by bringing together our respective scale and sourcing expertise, we will make our businesses stronger and create more value for our customers and patients.” Mark Walchirk, McKesson US Pharmaceutical President.