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CVS Health Corp.

Approval reportedly near for CVS-Aetna deal

Approval reportedly near for CVS-Aetna deal

WASHINGTON — CVS Health Corp.’s planned acquisition of Aetna Inc. is close to getting the official go-ahead from federal regulators, according to a report published Wednesday by The Wall Street Journal, which said the deal could receive formal antitrust approval from the U.S. Department of Justice within the next few weeks. That approval is expected to

Pharmacy boosts CVS Health in second quarter

Pharmacy boosts CVS Health in second quarter

WOONSOCKET, R.I. — Rising PBM and specialty pharmacy sales and recently acquired pharmacy businesses lifted revenue at CVS Health Corp. for the second quarter, with adjusted earnings per share topping Wall Street’s consensus forecast. CVS Health said Tuesday that for the second quarter ended June 30, sales climbed 17.6% to $43.73 billion from $37.17 billion

With acquisition, CVS becomes biggest Rx operator in U.S.

WOONSOCKET, R.I. — CVS Health Corp. has taken ownership of Target Corp.’s pharmacies and clinics, making CVS/pharmacy the No. 1 drug chain by store count and sales. With the closing of its $1.9 billion purchase of the assets, CVS has picked up Target’s 1,672 pharmacies across 47 states, giving it more than 9,500 prescription counters.