A third of U.S. pharmacies have closed since 2010. Among them, both independent and chain pharmacies struggling to make money in the industry.

Pharmaceutical retailer Walgreens explores potential acquisition deal with private equity firm Sycamore Partners.

The bill, sponsored by U.S. Senators Elizabeth Warren, a Democrat, and Josh Hawley, a Republican, will force companies owning health insurers or pharmacy benefit managers to divest their businesses ...

Today, the stock moved below the $52.50 level, posting its lowest close since 2020. With a bearish trend in CVS’ 50- and 200-day moving averages, the stock is likely to maintain its bearish momentum ...

Pharmacy-benefit managers (PBMs) have been scrutinized for their role in drug distribution for years. Now a bipartisan group of lawmakers is threatening to break up the companies behind these ...

The PBM Act would make companies like CVS and UnitedHealth that own health insurers or PBMs sell pharmacy assets. It would help independent pharmacies, but may not help patients, according to one ...

A bipartisan group of lawmakers are set to introduce legislation to break up pharmacy-benefit managers.

CVS could wind up as the only pharmacy stock in the U.S. if Walgreens goes private. But the drugstore chain, worth about $65 ...

A proposed Senate bill that would prohibit companies that control health insurers or pharmacy benefit managers from owning ...

Cigna Corp. (CI), which owns the PBM Express Scripts, led the decliners and was down 5.5% to put the stock on track for its biggest one-day selloff in a year. The last time the stock fell more was Nov ...

Legislation from Sens. Elizabeth Warren (D-Mass.) and Josh Hawley (R-Mo.) would transform conglomerates such as UnitedHealth ...

Pharmacy benefit managers have previously come under scrutiny for their influence over prescription drug prices.