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The biggest middleman in the prescription drug supply chain now makes drugs

May 14, 2024
With pharmaceutical mergers more common, the FTC is taking a hard look at pharmacy benefit managers and antitrust concerns.
In 2023, CVS founded Cordavis, a wholly owned subsidiary of CVS Health, to manufacture biosimilar prescription drugs.
Brendan Smialowski/AFP via Getty Images

Is competition the solution to high drug prices?

Jun 14, 2017
A recent U.S. Supreme Court ruling supports a new class of generic drugs.
Joe Raedle/Getty Images