February 23, 2016 by Chain Drug Review
CVS Caremark, CVS Health, drug price inflation, Jonathan Roberts, PBM, pharmacy benefit management, prescription drug trend, prescription spending, Troy Brennan
Featured Articles, Leading Headlines, Pharmacy, Retail News
WOONSOCKET, R.I. — CVS Health reported a significant decrease in the prescription drug trend for its Caremark pharmacy benefit management (PBM) clients last year. CVS said Tuesday that the prescription trend, a growth measure of prescription spending, came in at 5% for 2015, down from a high of 11.8% in 2014. While the trend drivers
November 9, 2015 by John Schultz and Chain Drug Review
Adam Fein, CVS Caremark, Express Scripts, Jublia, OptumRx, Pembroke Consulting, Philidor Rx Services, Solodyn, Valeant Pharmaceuticals
2015, Issue 11-09-2015, Issues, News
NEW YORK — After CVS Caremark and two other pharmacy benefit managers announced that they are terminating mail-order pharmacy Philidor Rx Services LLC from their networks, Valeant Pharmaceuticals Inc. said it would also sever ties with Philidor. Philidor has been accused of bolstering sales of products made by the Canadian-based drug manufacturer Valeant. Joining CVS
September 3, 2014 by Chain Drug Review
CVS Caremark, CVS Health, CVS/minuteclinic, CVS/pharmacy, CVS/specialty, Helena Foulkes, Larry Merlo, smoking cessation, tobacco sales, Troy Brennan
Retail News
WOONSOCKET, R.I. — CVS Caremark Corp. has changed its corporate name to CVS Health to reflect its broader commitment to health care. Also on Wednesday, CVS Health announced the end of tobacco sales at all CVS/pharmacy stores, nearly a month ahead of its initial target date of Oct. 1. In announcing the new corporate name
February 18, 2014 by Chain Drug Review
Alliance Boots, AmerisourceBergen, brand-name drugs, Cardinal Health, Celesio, CVS Caremark, drug chain, drug distribution, drug wholesalers, generic drug sourcing, generic pharmaceuticals, John Hammergren, John Standley, McKesson, Rite Aid, Walgreens
Pharmacy, Retail News
CAMP HILL, Pa. — Rite Aid Corp. and McKesson Corp. have expanded their distribution agreement to cover a longer time frame and include both generic and brand-name drugs. The companies said Tuesday that the new five-year agreement runs to March 2019. The deal marks a second extension of Rite Aid and McKesson’s primary distribution relationship.
February 5, 2014 by Chain Drug Review
cigarettes, CVS, CVS Caremark, CVS/pharmacy, Larry Merlo, Mark Miller, Smoking Cessation Leadership Center, smoking-related illnesses, Steven Schroeder, tobacco products, Troyen Brennan, William Blair & Co.
Retail News
WOONSOCKET, R.I. — CVS Caremark Corp. will halt all sales of cigarettes and other tobacco products through its more than 7,600 CVS/pharmacy stores nationwide by Oct. 1. The action makes CVS/pharmacy the first national drug chain to take this step. “Ending the sale of cigarettes and tobacco products at CVS/pharmacy is the right thing for