pharmacy

Kristin Gourlay / RIPR

Woonsocket-based CVS Health says it’s paying nearly $2 billion dollars to take over Target’s pharmacies and walk-in clinics. The deal adds more than 1600 pharmacies and nearly 100 walk-in clinics to CVS’s growing portfolio nationwide.

                                                      

file/CVS Health

Woonsocket-based CVS Health has agreed to acquire a provider of nursing home pharmacy services. The acquisition of Omnicare expands a growing line of business for the pharmacy giant.

Gilead Sciences

Woonsocket-based pharmacy giant CVS has signed a deal with drug maker Gilead to offer its hepatitis C drugs Sovaldi and Harvoni, exclusively, for treating hepatitis C.

The deal covers patients enrolled in drug benefit plans managed by CVS. And the news comes on the heels of AbbVie's announcement of a deal with CVS competitor Express Scripts, which will offer AbbVie's hepatitis C treatment, Viekira Pak, exclusively.

Courtesy CVS

Pharmacy corporation CVS Caremark has officially changed its name to CVS Health.

The Woonsocket-based company announced the name change as a way to reflect its growth beyond a retail pharmacy chain into a multi-service health care company. Today, the $127-billion dollar CVS Health encompasses 7700 retail pharmacies, hundreds of walk-in medical clinics, a pharmacy benefits manager and more. CVS Health president Helena Foulkes says it made sense to re-brand now.

CVS Health

Second quarter financial results from the Woonsocket-based pharmacy chain CVS Caremark have beat analyst expectations. That’s due in part to new specialty pharmacy business and the opening of more in-store clinics.

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