From The DEA,Gov Web Site:
"The number of Walgreen pharmacies purchasing enough oxycodone in Florida to make the DEA’s 100 top list rose again by May of 2012,
with eight of those 58 stores making it into the top 15 spots on the list of 100—and
five of the 52 stores making it into the top 10".
"Since 2009, Walgreens Jupiter has been the single largest distributor of oxycodone products in Florida.
At about the same time as the abuse of prescription drugs became an epidemic in Florida, Walgreens’ Florida retail pharmacies,
supplied by Walgreens Jupiter, commanded an increasingly large percentage of the oxycodone business.
In 2010, only three Walgreens retail pharmacies were in the top 100 purchasers of oxycodone within Florida.
In 2011, 38 Walgreens pharmacies made the top 100 and six were in the top 10.
Through May 2012, 52 Walgreens pharmacies are in the top 100 oxycodone purchasers,
eight in the top 15 and five in the top 10".
" According to DEA records, in 2011, Walgreens operated 7862 retail pharmacies in the U.S.
and 16 of the top 25 largest oxycodone purchasers by Walgreens retail pharmacies,
including the top six purchasers, were in Florida and supplied by the Jupiter Distribution Center.
In 2011, the average pharmacy in the U.S. ordered approximately 73,000 oxycodone dosage units".
Walgreens said in a statement that it has taken steps to bolster its monitoring and reporting of controlled substance purchases.
The number of tablets dispensed by its pharmacies dropped 35% from June 2011 to March 2012, the company said.
"We take our obligations under the Controlled Substances Act very seriously," the company said.
The DEA issues immediate suspension orders when it believes a registrant, such as a pharmacy or a doctor, is "an imminent danger to the public safety."
All claim checks have now been settled.
AS you know I'm not holding this stock at of today, and I have no bias as to where Walgreens price settles.
Good luck with your skills.
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