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X @Bloomberg
Bloomberg· 2025-08-16 15:15
A coalition of faith-based activists had pressured Costco to not offer the abortion pill mifepristone in its pharmacy locations.The group now turns its focus to CVS and Walgreens https://t.co/FLByL8CMNF ...
X @Bloomberg
Bloomberg· 2025-08-15 01:25
Industry Pressure - Faith-based activists pressured Costco to not offer mifepristone in its pharmacy locations [1] - The group is now focusing on CVS and Walgreens [1]
X @Bloomberg
Bloomberg· 2025-08-14 21:10
Industry Pressure - Faith-based activists previously pressured Costco regarding the abortion pill mifepristone [1] - The group is now focusing on CVS and Walgreens [1]
X @Bloomberg
Bloomberg· 2025-08-14 18:20
A coalition of faith-based activists had pressured Costco to not offer the abortion pill mifepristone in its pharmacy locations.The group now turns its focus to CVS and Walgreens https://t.co/UGdW7fksYz ...
X @Bloomberg
Bloomberg· 2025-08-14 12:10
A coalition of faith-based activists had pressured Costco to not offer the abortion pill mifepristone in its pharmacy locations. The group now turns its focus to CVS and Walgreens https://t.co/onQcBjz7pU ...
X @Bloomberg
Bloomberg· 2025-07-09 22:11
Wall Street banks including JPMorgan and UBS have begun early pricing discussions with investors for a $4.25 billion debt package to help finance Sycamore Partners' buyout of UK pharmacy Boots https://t.co/VpQzXN9Bdq ...
CVS drops Lilly's Zepbound
CNBC Television· 2025-07-01 18:53
Market Dynamics & Competitive Landscape - CVS, through its PBM (Pharmacy Benefit Manager), is preferring Wegovy over Zepbound (Lilly) due to interchangeability and leveraging its coverage of millions of lives to negotiate better economic deals [1][3] - Lilly downplays the impact, stating only about 200,000 patients will be affected [5] - The shift is happening because drugs like Wegovy and Zepbound cost about $1,000 per month [3] PBM Strategy & Negotiation - PBMs negotiate drug prices in bulk, covering potentially tens of millions of lives, to bring prices down [4][5] - The prices are confidential, but some discount is surely involved [4] - Pharmacy benefits managers negotiate prices in bulk for millions of people [4] Patient Impact & Access - Patients have been scrambling to refill prescriptions, potentially seeking 90-day supplies, due to the change [6] - Patients are trying to determine if they are still covered, can get the drug at a discounted price, or qualify for a medical exemption [6]