Omnicare Initiates Voluntary Chapter 11 Process

Core Viewpoint - Omnicare, LLC, a subsidiary of CVS Health, has initiated a voluntary court-supervised Chapter 11 process to address litigation issues in the U.S. District Court for the Southern District of New York [1] Group 1: Company Actions - The company aims to implement a standalone restructuring or sale strategy while maintaining a focus on delivering safe and reliable pharmacy services to all customers [1]