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The specialty pharmacy business had $20 billion in sales in 2005. By 2014 it had grown to "$78 billion in sales". [5] In Canada by 2013 "specialty drugs made up less than 1.3 percent of all Canadian prescriptions, but accounted for 24 percent of Canada's total spending on prescription drugs". [52]
CVS Specialty is the specialty pharmacy division that provides specialty pharmacy services for individuals with chronic or genetic diseases who require complex and expensive drug therapies. CVS Health operate 24 retail specialty pharmacy stores and 11 specialty mail order pharmacies, making them the largest specialty pharmacy in the United States.
By 2001 CVS' specialty pharmacy ProCare was the "largest integrated retail/mail provider of specialty pharmacy services" in the United States. [18]: 10 It was consolidated with their pharmacy benefit management company, PharmaCare in 2002. In their 2001 annual report CVS anticipated that the "$16 billion specialty pharmacy market" would grow at ...
Arbor Drugs (acquired by CVS in 1998) Big B Drugs (acquired by Revco in 1996; rebranded as CVS in 1997) Brooks Pharmacy (acquired by Rite Aid in 2007) Cunningham Drug (acquired by Walgreens in 1991) Dart Drug (bankrupt in 1990) Drug Emporium; Drug Fair (company liquidated in 2009, assets purchased by Walgreens) Eckerd (acquired by Rite Aid in 2007)
CVS Pharmacy is revamping the way it reimburses its pharmacies for prescription medications, which it says will bring more transparency and simplicity to its drug pricing system, the company ...
CVS sells prescription drugs and a wide assortment of general merchandise, including over-the-counter drugs, beauty products and cosmetics, film and photo finishing services, seasonal merchandise, greeting cards, and convenience foods through their CVS Pharmacy and Longs Drugs retail stores and online through CVS.com.