Finance & Capital Management

Tom Cowhey has been named chief financial officer, and Mike Pykosz has been appointed president of health care delivery.

WBA’s first quarter sales increased 10% from the year-ago quarter to $36.7 billion, an increase of 8.7% on a constant currency basis.

CVS Caremark announced that effective April 1, 2024, Humira will be removed from its major national commercial template formularies and Humira biosimilars will be covered.

According to Mastercard SpendingPulse, overall U.S. retail sales increased 3.1% year-over-year during the holiday season.

As part of its plans to review its portfolio and asset rotation program, the company announced that it will sell the organic dairy brands to Platinum Equity.

Since joining the 100-store employee-owned pharmacy chain in 2007, Heiser has held several roles with the company with a focus on strategy, technology, business development and strategic partnerships.

The plan paves the way for Endo to successfully conclude financial restructuring in the second quarter of 2024.

The lawsuit claims that UnitedHealth Group and its PBM, OptumRx, have been assessing pharmacy DIR fees in violation of federal antitrust laws and state laws governing contracts.