Walgreen had sued Theranos and is seeking for a $140 Million in Damages.
Walgreens
Breaking News
Walgreens has threatened to pull out of partnership with Theranos following the notice the latter received from the federal authorities regarding deficient medical practices. The drug retailer has given a 30-day ultimatum to its partner to clear their name, or their association gets terminated.
Today, Walgreens announced signing a definitive agreement to purchase Kerr Drug's retail and specialty pharmacy business without disclosing financial terms of the deal.