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CVS/Soma.com Tripling OTC Offerings To 10,000 Following Merger

This article was originally published in The Tan Sheet

Executive Summary

The e-commerce drug store soma.com will triple its OTC offerings following the merger of the online company with CVS. "We plan to extend the OTC offerings probably from about 3,000 to somewhere between 9,000 and 10,000 initially," CVS CEO Thomas Ryan said during a teleconference announcing the merger May 17. The deal involves a $30 mil. stock transaction.

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Merck-Medco Signs CVS.com As Exclusive OTC Provider

CVS.com will be the exclusive online OTC and general health products provider for Merck-Medco Managed Care's Web site under a five-year deal announced by the companies Oct. 6. Merck-Medco's 51 mil. plan members will now be able to purchase the same 7,000 OTCs, H&BAs, nutritional supplements and other health items available on the CVS.com site.

Merck-Medco Signs CVS.com As Exclusive OTC Provider

CVS.com will be the exclusive online OTC and general health products provider for Merck-Medco Managed Care's Web site under a five-year deal announced by the companies Oct. 6. Merck-Medco's 51 mil. plan members will now be able to purchase the same 7,000 OTCs, H&BAs, nutritional supplements and other health items available on the CVS.com site.

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