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Strong Future Revenue And Earnings Growth Earn CVS Health A Bullish Thesis

2015-05-30 02:26:04| Biotech - Topix.net

I have a bullish stance on CVS Health ; the company carried its strong financial growth momentum into 2015 and delivered healthy results for 1Q'15. Its growth efforts, such as augmentation of specialty pharmacy business and regular store growth, have been positively affecting its top and bottom-line numbers.

Tags: health future strong growth

19 Kids and Counting Scandal Scares Off More Advertisers: CVS, H&R...

2015-05-28 04:38:51| Food - Topix.net

The number of advertisers distancing themselves from what was one of TLC's most popular shows stands at nearly a dozen...and counting. "We are removing the show 19 Kids and Counting from our advertising schedule until further notice," ConAgra Foods said in a statement to E! News this morning, a day after the likes of Walgreens, Payless Shoes and General Mills announced that they were taking steps to ensure that their commercials no longer ran during the now-controversial show .

Tags: kids hr advertisers counting

Exclusive: CVS says biotech drug copies may bring price cuts of 40-50 percent

2015-03-12 00:17:28| Biotech - Topix.net

The entry of copycat biotech drugs into the U.S. market could cut prices of expensive medications by 40 percent to 50 percent, depending on the level of competition among drugmakers, a top executive at CVS Health Corp told Reuters. CVS is one of the largest U.S. pharmacy benefit managers and, along with rival Express Scripts, has put unprecedented pressure on global pharmaceutical makers to lower prices for its clients.

Tags: price bring drug percent

CVS warns new cholesterol drugs could break the health care bank

2015-02-18 19:43:30| Biotech - Topix.net

CVS Health on Monday warned that costs of a potent new class of cholesterol treatments and other specialty drugs in development could eclipse those of expensive new medicines and overwhelm the health care system "if rigid cost control mechanisms are not put in place." CVS, the second largest U.S. pharmacy benefit manager which negotiates drug prices for 65 million people through contracts with employers and health plans, noted that two of the new injectable cholesterol fighters - called PCSK9 inhibitors - could be approved by mid-2015 and likely each cost $7,000 to $12,000 a year.

Tags: health care break bank