Published May 16, 2016 8:19am EDT | Updated May 16, 2016 3:04pm EDT

Wal-Mart Partners With McKesson On Generic Drugs

Wal-Mart Stores Inc and McKesson Corporation are partnering to source generic pharmaceuticals, the companies announced Monday. The agreement adds on to an existing long-term distribution agreement between the two companies and could lower the cost of pharmaceutical care, the press release states. Shares of Wal-Mart were down less than 1% Monday.