CEO Tom Ryan

CVS Caremark's pharmacy-benefit business is prepared to escalate a campaign against drug-industry coupons that the company says encourage unnecessary use of expensive brand-name drugs.Read Full Story

CVS Caremark (CVS) is one of the leading pharmacy healthcare providers in the United States.  There have been major changes due to significant merger and acquisition activity within the pharmacy benefit management industry that stands to benefit CVS.  This high-quality healthcare juggernaut is currently trading at a historically attractive valuation.  Therefore, we feel it represents a strong candidate for the prudent investor seeking a combination of above-average growth and a moderate and...Read Full Story

St. Mary’s Food Bank Alliance would like to thank those fantastic “Hunger Heroes” from CVS Caremark for providing more than 35,000 meals for their community through its annual fundraising events. Lou Evers and CVS Caremark held the Amazing Rain Tree Pie Toss, where managers, directors and vice president’s graciously volunteered to be “auctioned off” to receive a pie tossed gently at them. Employees from all over the building joined in, and everybody had a lot of fun, as you can see from the...Read Full Story

A CVS pharmacy in northeastern New Jersey mistakenly distributed pills for the treatment of breast cancer to children instead of the fluoride pills that were prescribed, company and state officials said Friday. CVS Caremark said in a statement that it is “deeply sorry for the mistake that occurred” at its Chatham, N.J. pharmacy. The company did not explain how the mistake happened. There has been no report of injury. New Jersey Attorney General Jeffrey S. Chiesa said in an administrative...Read Full Story

St. Mary’s would like to recognize CVS Caremark as the latest company to join the ranks of “Hunger Hero” status with Food Bank! This elite group of donors is comprised of companies that support St. Mary’s and the hungry of Arizona on three different levels – with donated food, volunteerism, and financial support. CVS Caremark had a group of nearly 60 lawyers (yes, we did hear some lawyer jokes) at the Del E. Webb Distribution Center on Jan. 11th, bringing with them a check for $2,500 which...Read Full Story

(Reuters) - Walgreen Co <WAG.N> posted an unexpected drop in quarterly profit as the largest drugstore chain's margins were hurt in part by its contract dispute with pharmacy benefits manager Express Scripts Inc <ESRX.O>.Walgreen's shares fell as much as 8 percent on Wednesday as the company tried to show how it can thrive without being in Express Scripts' pharmacy network.Since June, Walgreen has said it was ready to stop filling Express Scripts' prescriptions as the parties could not agree on terms for...Read Full Story

Walgreen Co. and CVS Caremark Corp. (CVS), the biggest U.S. drugstore chains, are betting they can generate sales by answering a question few men want to ask: whether or not they’re firing blanks. In April, Walgreen’s 7,800 U.S. stores plan to start selling a fertility test that determines if a man is producing enough sperm to get a woman pregnant. Walgreen and CVS have already started selling SpermCheck Fertility online. Read more. Source URL: BloombergFeatures: Fertility NewsRead Full Story

ORLANDO, Fla (Reuters) - CVS has told some doctors in Florida, the nation's pill mill capital, that its retail pharmacies will no longer fill prescriptions they write for some potent and addictive drugs, a company spokesman said on Tuesday."While we regret any inconvenience this may cause for our customers, we treat the dispensing of controlled substances with the utmost care and seriousness," CVS corporate public relations director Michael DeAngelis told Reuters in an e-mailed statement...Read Full Story

WASHINGTON (Reuters) - Health regulators have hit some 1,200 retailers, including Walgreen, CVS and Rite Aid, with warnings this year for unlawfully selling cigarettes and other tobacco products to children under 18.The Food and Drug Administration said inspectors had made 27,500 undercover checks, many of which involved sending minors to stores to buy cigarettes. The undercover operations resulted in hundreds of warning letters to retailers.Spokesmen for CVS Caremark Corp and Rite Aid Corp...Read Full Story

WASHINGTON (Reuters) - Health regulators have hit some 1,200 retailers, including Walgreen, CVS and Rite Aid, with warnings this year for unlawfully selling cigarettes and other tobacco products to children under 18.The Food and Drug Administration said inspectors had made 27,500 undercover checks, many of which involved sending minors to stores to buy cigarettes. The undercover operations resulted in hundreds of warning letters to retailers.Spokesmen for CVS Caremark Corp and Rite Aid Corp...Read Full Story