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CVS has told Newsweek that some of Arkansas' only 24-hour pharmacies are at-risk of closure because of new state law signed by Republican Governor Sarah Huckabee Sanders last month.
The massive pharmacy middlemen contend that Arkansas’ law, which requires PBMs to divest pharmacies they own in the state, ...
CVS Health and Express Scripts, two of the nation’s largest pharmacy benefit managers, have filed separate lawsuits challenging a new Arkansas law that restricts PBMs and their affiliated pharmacies ...
In a statement released in response to the bill, CVS responded strongly, warning of serious impacts from the new law. The company said House Bill 1150 will: CVS added that “facts should matter ...
CVS Health (NYSE:CVS) said it will close more than 20 pharmacies in Arkansas after the state Gov. Sarah Huckabee Sanders signed a law banning pharmacy ... also operates in the PBM market.
CVS has warned it could close two dozens pharmacies in the state. CVS Caremark, other drug middlemen, blasted by FTC Auchincloss bill targets PBMs, gathers bipartisan support Auchincloss bill ...
The PBM segment contributes 46% of CVS income; fears of reform impact led to significant market overreaction. A 25% PBM profitability cut reduces EPS to ~$4, implying a fair value of $60 (with a P ...
The two companies contend the state law will force many pharmacies to close, reducing patient access and increasing costs.
The companies contend the law will close pharmacies, confuse residents, and raise drug prices, among other effects. Other news from around the nation comes from Colorado, Texas, Connecticut, Iowa, ...
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