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Soma.com 8w Makes CVS Internet Power.
From:
Chain Drug Review
| Date:
August 30, 1999
| COPYRIGHT 1999 Racher Press, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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WOONSOCKET, R.I. -- As the Internet-based drug store that had made the greatest commitment to pharmacy, Soma.com seemed to be a natural candidate for acquisition by a drug chain looking to enhance its online presence.
And that is exactly what happened earlier this year when CVS Corp. agreed to pay $30 million to buy the Seattle-based electronic drug store.
"Soma has the best understanding of the pharmacy business compared with the other Internet players," CVS...
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