Drugstore. com, inc., a leading online retailer has entered into a strategic alliance with Medco Health Solutions, Inc., the nation's leading pharmacy benefit manager.

Washington-headquartered drugstore. com, Inc. provides online health, beauty, vision, and pharmacy products primarily in the United States and Canada. The company operates in four segments: Over-The-Counter (OTC), Mail-Order Pharmacy, Local Pick-Up Pharmacy, and Vision.

Under the arrangement, Medco will offer its members access to an integrated online store featuring a wide range of non-prescription consumer health products, which is expected to begin in mid-2009.

However, drugstore. com will provide technical development and operation services, consumer health products and OTC merchandising, fulfillment capabilities and customer care for the non-prescription-drug offerings in the Medco branded online store. Shares of drugstore. com fell 0.02 cents, or 3 percent, to $ 0.75 during Thursday morning trading. The 52-week share price range for the stock is $3.50 to $0.76.