Health Care

The Opportunity for Walgreens in The World of Clinical Trials

Sep. 25, 2024

Guest: Ramita Tandon, Chief Clinical Trials Officer, Walgreens

Host: Charles Rhyee, Health Care Analyst, TD Cowen

Walgreens launched its Clinical Trials business in 2022 to make clinical trials more accessible, convenient and equitable for the nearly 80% of Americans who live near a Walgreens store. Since then, the company has seen solid growth in this business and now working with more than 25 biopharmaceutical companies, academic institutions, nonprofits and government entities.

Clinical research organizations (CROs) and manufacturers are highly interested in working with a partner like Walgreens that can address patient convenience, study recruitment efficiency and trial participant diversity. Walgreens is also able to scale this business in a capital light approach leveraging its existing retail pharmacy network. To discuss this topic, we're joined by Ramita Tandon, Walgreen's Chief Clinical Trials Officer.

This podcast was originally recorded on September 10, 2024.

Full transcript to come.

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Charles Rhyee

Managing Director, Health Care - Health Care Technology Research Analyst, TD Cowen

Charles Rhyee
Managing Director, Health Care - Health Care Technology Research Analyst, TD Cowen

Biography

Charles Rhyee is a managing director and senior research analyst covering the Health Care Technology and Distribution space. Mr. Rhyee has been recognized in polls conducted by The Wall Street Journal and The Financial Times. In 2023, he ranked #3 in Institutional Investor’s 2023 All-America Survey in Health Care Technology and Distribution and was named “Best Up & Coming Analyst” in 2008 and 2009.

Prior to joining TD Cowen in February 2011, he was an executive director covering the Health Care Technology and Distribution sector for Oppenheimer & Co. Mr. Rhyee began his equity research career at Salomon Smith Barney in 1999.

He holds a BA in economics from Columbia University.