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7/19/2012 8:25 AM ET

Express Scripts (ESRX: Quote) and Walgreens (WAG: Quote) entered into a multi-year pharmacy network agreement, comprising rates and terms under which Walgreens would participate in the broadest Express Scripts retail pharmacy network available to new and existing clients. The terms of the new contract were not disclosed.

Walgreens would be part of the broadest network of pharmacies available to Express Scripts clients, as of September 15, 2012; and Express Scripts would ensure a smooth transition for those plan sponsors who would want to include Walgreens pharmacies in their network.

The broadest Express Scripts network currently offers over 64,000 pharmacies across the nation, including Walgreens, providing a broad array of quality pharmacy care options.

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