Walgreens Seeks to Recover $140 Million Investment From Theranos

Walgreens Seeks to Recover $140 Million Investment From Theranos

Pharmacy chain sues for breach of contract, court records show

By
Christopher Weaver,
John Carreyrou and
Michael Siconolfi
Nov. 8, 2016 5:00 p.m. ET

Drugstore giant Walgreen Co. sued its former lab-testing partner Theranos Inc. in federal court in Delaware, alleging it breached a contract between the two companies, court records show.

The Walgreens Boots Alliance Inc. unit seeks $140 million in damages, the court records show. That amount represents what it invested in Theranos, according to...

To Read the Full Story, Subscribe or Sign In

SHARE THIS
Previous Post
Next Post