Walgreens Walgreens plans to openat least 600 medical testing locations run by Laboratory Corp. ofAmerica Holdings in its drugstores. (Photo: Shutterstock)

Megamergers are roiling the pharmacy business,but one of the biggest players is betting on smaller pacts tohelp power its growth.

On a conference call with analysts on Thursday, executives fromWalgreens Boots Alliance Inc., which runs a pharmacy chain rivaledin size only by CVS Health Corp., emphasized a partnershipstrategy as a key to driving more customers into its stores.

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