FTC takes fresh swipe at drug middlemen, says some prices marked up over 1,000% Jan. 14, 2025 at 2:46 p.m. ETby Tomi Kilgore UnitedHealth's stock surge provides a triple-digit boost to the Dow's price Jan. 13, 2025 at 3:42 p.m. ETby Tomi Kilgore ...
To bolster that strategy, CVS—which has been building its own walk-in clinics for over a decade, providing simple treatments like vaccinations and flu shots—just became the first major drug retailer to combine with an insurer. In late November, CVS boughtAetna, America’s third-largest insura...
primarily related to our stand-alone prescription drug products and the impact of lower HCV earnings. The Part D receivable increase was repaid by CMS during the fourth quarter of 2025. You can see additional details on the components of our updated 2024 guidance on our Investor Relations web p...
The drugstore chain expects 2024 adjusted earnings of at least $7 per share, down from a previous guidance of at least $8.30per share. Analysts surveyed by LSEG were expecting full-year adjusted profit of $8.28 per share. CVS also cut its unadjusted earnings guidance to at least $5.64 per...
“Biosimilars are crucial to creating competition and reducing costs for specialty pharmaceuticals where drug prices are rising the fastest…. Through our direct involvement, we will expand the supply chain and ensure biosimilar availability in the market. We have assembled a talented team at Cordavis...
Critics accuse the companies of driving up the cost of drugs and forcing independent drug stores out of business ByThomas LeeGlobe Staff,Updated August 20, 2024,7:44 a.m. 60 Pharmacy benefit managers are facing increasing scrutiny.Spencer Platt/Getty ...
CVS Caremark (CVS) unveiled its new name change to CVS Health — and with a new tobacco-free image that will focus the drug store squarely in the healthcare industry. CVS wiped its stores clean of all tobacco products as of Wednesday, beating its initial target date of Oct. 1. It also...
The Company also operates a drug development program focused on developing and commercializing CBD-based novel therapeutics. Additional information is available from OTCMarkets.com or by visiting www.cvsciences.com. Forward Looking Statements This press release may contain certain forward-l...
The results also come as CVS pushes to transform from a major drugstore chain into a large health-care company. CVS deepened that push over the last year with its nearly $8 billion acquisition of health-care provider Signify Health and a $10.6 billion deal to buy Oak Street Health, which...
CVS Health is a healthcare company primarily operating in pharmacy retail, drug prescription benefits, health insurance, medical facilities, and services. The company’s flagship business and brand, CVS Pharmacy, manages more than 9,000 stores across the US. Other key businesses include CVS Caremark...