The FDA has proposed ending the use of a common ingredient found in many cold and allergy medicines — and some pharmacies ...

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America’s largest drug store chain named a new chief executive officer on Friday, with longtime CVS Health executive David Joyner replacing Karen Lynch. CVS also withdrew its 2024 profit ...

Lynch will be replaced by veteran CVS Health executive David Joyner, who will attempt to steer the company through rising costs to its health-insurance business, slumping drug-store sales and ...

Phenylephrine is a medication that’s been used to relieve nasal congestion caused by colds, allergies, and hay fever, per the ...

This creates a gap between drug costs at 340B hospitals and Medicare reimbursement rates. In 2018, the government attempted to eliminate that gap with a new policy creating a $1.6 billion cut in ...

Levothyroxine sodium is the second-most prescribed drug in the United States, with approximately 25 million people using either Synthroid or generic levothyroxine to manage their hypothyroidism (low ...

CVS is closing 900 stores. Rite-Aid is closing 500. Walgreens announced Tuesday it plans to close 1,200 stores, meaning 1 in 7 will disappear. What is going on with America’s drug stores?

The company appointed David Joyner, the head of CVS Caremark, its successful unit overseeing prescription drug benefits, as the new chief. The management change was accompanied by a dour financial ...