08/04/2016 - 2:26pm

USA Today is reporting that CVS Health has announced plans to remove two biologic drugs, Neupogen and Lantus, from its pharmacy benefits manager (PBM) formulary in 2017 and replace them with biosimilars of the drugs, substituting Zarxio for Neupogen and Basaglar for Lantus. Biosimilars cost about 15% to 30% less than the original biologics. CVS’s EVP and chief medical officer Troyen Brennan told USA Today that the biologics were reviewed by panels of experts “to make sure they are considered equivalent. (USA Today)

08/02/2016 - 4:55pm

More vitamins, minerals and supplements were sold online so far in 2016 than have been sold through a Walmart store, TABS Analytics reported earlier this year.

08/02/2016 - 4:53pm

Health care is taking up a larger share of the consumer wallet. By 2021, Americans are expected to devote 24% of all household spending on healthcare goods and services, making consumer-directed care one of the largest potential areas of growth for retailers.

08/02/2016 - 4:53pm

As millennials have cemented themselves as the largest generation by population at 75.4 million, outnumbering baby boomers for the first time, the retail industry has been inundated with insights about their shopping habits.

08/02/2016 - 8:11am

Based on second-quarter performance, CVS Health is raising and narrowing its Adjusted EPS guidance and also raising its free cash flow guidance for 2016.

08/01/2016 - 12:41pm

Through this partnership, CVS Pharmacy patients purchasing Narcan Nasal Spray without insurance will receive a $35 discount coupon to purchase the medication.

07/25/2016 - 2:12pm

In addition to Texas, CVS Pharmacy locations in 30 other states will be able to dispense naloxone to patients without an individual prescription by August 2016.

07/22/2016 - 8:50am

Google recently announced it is allowing businesses to send smartphone alerts to consumers via Google Play through a program called Nearby, Internet Retailer reported Tuesday. "CVS is one of the first businesses testing Nearby," the report stated. "CVS is using the Nearby program to let shoppers know they can send photos to the retailer for in-store printing via the CVS smartphone app," Internet Retailer concluded, citing Google. CVS declined to comment, according to the report. (Internet Retailer)

07/18/2016 - 2:41pm

This event marks the sixth year that CVS Health and the Boston Red Sox have teamed up to host veterans for a CVS Health Baseball Camp.