Congressmen Eye Caremark, CVS For Inquiry
Main Category: Pharmacy / PharmacistArticle Date: 17 Sep 2009 - 4:00 PDT
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"Eight U.S. congressmen joined a push for the Federal Trade Commission to re-examine CVS Corp.'s acquisition of Caremark Rx, Inc. in 2007," Bloomberg reports. The deal combined one of the nations' largest pharmacy chains with a major pharmacy-benefits manager to create the biggest purchaser of generic drugs in the country. That move, say unions, community groups and lawmakers, including five senators, could be anti-competitive and could hurt consumers, patients and other companies (Wolf, 9/16).
This information was reprinted from kaiserhealthnews.org with kind permission from the Henry J. Kaiser Family Foundation. You can view the entire Kaiser Daily Health Policy Report, search the archives and sign up for email delivery at kaiserhealthnews.org.
© Henry J. Kaiser Family Foundation. All rights reserved.
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16 Feb. 2012. <http://www.medicalnewstoday.com/releases/164246.php>
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http://www.medicalnewstoday.com/releases/164246.php.
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