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Mikhail Makarov Executives from the three largest pharmacy benefit managers in the U.S., OptumRx, CVS Caremark, and Express Scripts, will testify before the House Oversight Committee on July 23, Axios reported Tuesday evening, citing the panel. Jessica Collins, a spokesperson for the Oversight Committee, confirmed that all three PBMs haveContinue Reading

In: Finance

BCFC/iStock Editorial via Getty Images Walgreens Boots Alliance (NASDAQ:WBA) announced a major round of store closures on Thursday as part of a company-wide strategic review, hurting the shares of its rival pharmacy chain CVS Health (NYSE:CVS) and pharmaceutical distributor Cencora (NYSE:COR). The announcement coincided with the drug store chain’s Q3Continue Reading