SAN DIEGO and ST. LOUIS, Nov. 19, 2018 /PRNewswire/ -- Petco and Express Scripts (NASDAQ: ESRX), a healthcare company focused on delivering personalized solutions to improve healthcare, today announced a new strategic alliance that will enable millions of pet parents to order and receive pet medicines from the comfort and convenience of home.
Pet parents spend more than $8 billion annually on prescription and over-the-counter (OTC) medications for their animals. Petco now offers pet parents access to the pet prescriptions and OTC medications their pets need online via petco.com and petcoach.co for delivery directly to their front door, all Powered by Express Scripts.
"Our commitment to helping pet parents take complete care of the pets they love is the core of everything we do at Petco," said Brock Weatherup, Chief Innovation and Digital Experience Officer for Petco. "By leveraging the industry-leading technology and fulfillment processes Express Scripts already has in place, we're able to offer pet parents an easier, more affordable, faster and more convenient way to get the medicines their pets need."
For more than 20 years, Express Scripts has pioneered advances in automated pharmacy technology that allow it to dispense more than 100 million human prescriptions each year – about 275,000 per day – at 99.9% accuracy. Tamper-proof packaging and sophisticated weather algorithms help ensure medications arrive safe and sound. Earlier this year, the company introduced the Inside Rx Pets (SM) discount card, which offers pet parents an average savings of 75 percent off generic and up to 15 percent off brand name pet medications.
"Working with Petco is another step forward for Express Scripts in providing better care, cost and convenience to millions of Americans, many of whom are also pet parents," said Wendy Barnes, Vice President and General Manager, Consumer Solutions, Express Scripts. "By combining Petco's history, expertise and extensive reach in pet retail with our innovative home delivery capabilities, we're transforming the pet medicine industry and making access to critical pet medicines convenient and affordable for more pet parents than ever before."
About Petco and the Petco Foundation
Petco is a leading pet specialty retailer with more than 50 years of service to pet parents. Everything we do is guided by our vision for Healthier Pets. Happier People. Better World. We operate more than 1,500 Petco and Unleashed by Petco locations across the U.S., Mexico and Puerto Rico; complete pet care services and veterinary advice through PetCoach; and petco.com. The Petco Foundation, an independent nonprofit organization, has invested more than $200 million since it was created in 1999 to help promote and improve the welfare of companion animals. In conjunction with the Foundation, we work with and support thousands of local animal welfare groups across the country and, through in-store adoption events, help find homes for more than 400,000 animals every year.
About Express Scripts
Express Scripts is a healthcare opportunity company. Empowered by our legacy as an industry innovator, we dare to imagine - and deliver - a better healthcare system with improved health outcomes and lower costs. From pharmacy and medical benefits management, to specialty pharmacy care and everything in between - we uncover opportunities to make healthcare work better.
Our home base is St. Louis, but our reach extends to millions of Americans across the nation. We stand alongside our clients and partners, collaborating to develop personalized solutions that make a meaningful difference in the lives of those we serve. We believe healthcare can do more. We are Champions For Better.
For more information, visit Lab.Express-Scripts.com or follow @ExpressScripts on Twitter.