The leading drugstores, drug distributors and health insurers lost about $22 billion in market value Tuesday after Amazon.com Inc. revealed plans to start selling prescription drugs to its Prime members in the U.S. The long awaited move pushed Walgreens Boots …
Getting into the pharmacy business was easy for Amazon.com: It paid $753 million to buy the mail-order startup PillPack. The hard part has been prying patients away from their local drugstore. Since being acquired by the internet giant, PillPack has …
Pharmacy chain CVS Health Corp. won U.S. antitrust approval for its $69 billion acquisition of health insurer Aetna Inc., the Justice Department said on Wednesday, paving the way for a combination with potential to cut U.S. healthcare costs for consumers. …
Health insurer Cigna Corp.’s $52 billion acquisition of pharmacy benefits manager Express Scripts Holding Co. has passed U.S. antitrust scrutiny, the companies said on Monday, allowing them to proceed with a combination they say will lead to lower costs by …
Cigna Corp. said on Thursday it was confident of winning shareholder approval for its $52 billion Express Scripts buyout, a day after reports that investor Carl Icahn had picked up a stake in the insurer and was planning to vote …
Activist investor Carl Icahn has built a sizable stake in Cigna Corp. and plans to oppose the health insurer’s $54 billion takeover of pharmacy-benefits firm Express Scripts Holding Co., according to people familiar with the matter. Chief among Icahn’s concerns …
Amazon.com Inc. agreed to buy the online pharmacy startup PillPack, jumping into the health care business with a deal that will give the retail giant an immediate nationwide drug network. The move represents a formidable threat to pharmacy chains including …
