Target Implements $4 Generic Drug Prices

MINNEAPOLIS - Target Corp. said it has expanded its discounted generic drug program to all of its 1,287 pharmacies, which will now offer a 30-day supply of certain generic drugs for $4.

The discounter previously offered the program only in states where Wal-Mart was offering generic drugs at the same price. Wal-Mart in September announced its low-cost pharmacy program under which select company pharmacies sell 30-day prescriptions of certain generic medications for $4 each. The world's largest retailer has since expanded the program in 3,009 pharmacies in 37 states.

Target said it now plans to offer the program in nine states where Wal-Mart is not yet offering its program, including: California, Colorado, Connecticut, Louisiana, Minnesota, Montana, Pennsylvania, Tennessee and Wisconsin. Target also said that it will be charging more for certain drugs, including cholesterol drugs lovastatin and pravastatin, and for some dosages of other drugs in 10 states because of state laws. Target does not operate pharmacies in North Dakota or Wyoming and does not have stores in Alaska, Hawaii or Vermont.
This ad will auto-close in 10 seconds