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CVS girds for battle over cholesterol drugs
Feb 17, 2015
Drug retail giant CVS Health Corp. is girding to do battle with pharmaceutical companies over a coming class of cholesterol drugs that CVS says could cost the nation’s health-care system $150 billion a year.
CVS CVS, +0.20% , the nation’s biggest health-related company with nearly $140 billion in annual sales , says this new strata of cholesterol drugs, believed to be a cut above previous medications, would severely strain the health-care system if prescribed to all the 15 million Americans who could benefit from the drugs.
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