They always feared good health would happen and their profits would dry up.
That’s the conspiracy theory posited for diabetes.
To cure it would make a few million.
To keep it going for tens of millions of sufferers will continue to bring in billions of dollars. Strips, testers, Rx’s, doctors’ visits, hospitalizations, side effects, surgery....
This Walgreen’s problem is like the old antiwar joke about war profiteers making a fortune: They’re worried peace could break out.
frank ballenger :" This Walgreen’s problem is like the old antiwar joke about war profiteers making a fortune:
They’re worried peace could break out."
From the article):" Walgreens is set to shutter 150 stores after slashing its earnings forecast due to lessening demand for Covid-19 tests and vaccine shots."
Shares in the pharmaceutical chain plummeted to $28.64 on Tuesday - their lowest level in more than 11 years
- prompting drastic cost-cutting measures from executives."
"Last night the firm confirmed all the closures will take place by the end of August 2024.
As of midday Thursday its shares were sitting at $28.59, down 30 percent from last year."
"Walgreens said it had been hit especially hard by the end of the pandemic which saw demand for its Covid-19 vaccine shots and testing facilities decline rapidly."