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Article: Medicine Shoppe looks ahead. (Medicine Shoppe International Inc.) (1994 CDR State of the Industry Report)
- Article from:
- Chain Drug Review
- Article date:
- April 25, 1994
CopyrightCOPYRIGHT 1994 Racher Press, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ST. LOUIS - Health care reform is much on the mind of David Abrahamson, president and chief executive officer of Medicine Shoppe International Inc. last year, even as the chain of franchised apothecary outlets extends its string of sales and earnings gains.
"With President Clinton's election in November 1992, it became obvious that significant changes would be taking place in our market," he says. "Exactly what those changes will be and the details of the health plan that will finally be enacted by Congress are still not known.
"Whatever shape the final health care from package takes, it seems likely to include a universal pharmacy benefit, extending ...