CVS results beat expectations, driven by strong healthcare revenues

CVS results beat expectations, driven by strong healthcare revenues

A woman walks past a CVS pharmacy in Washington, DC on November 2, 2022. Brendan Smialowski | AFP | Getty Images CVS on Wednesday reported third-quarter adjusted profit and revenue that beat Wall Street expectations, boosted in part by strong revenue from the company’s health services business. CVS reported revenue of $89.76 billion for the …

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CVS drops cold medicines after FDA advisers say they are unnecessary

CVS drops cold medicines after FDA advisers say they are unnecessary

Enlarge / A box of Sudafed PE sinus pressure and pain medication containing phenylephrine is displayed for sale at a CVS Pharmacy store in Hawthorne, California, September 12, 2023. Pharmacy giant CVS revealed late last week that it is voluntarily removing some cold and flu medications from its shelves because they don’t work, while many …

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CVS Offers Cold Medication: What You Need to Know About Phenylephrine

CVS Offers Cold Medication: What You Need to Know About Phenylephrine

IE 11 is not supported. For the best experience, visit our site on another browser. Now playing CVS Offers Cold Medication: What You Need to Know About Phenylephrine 03:43 FOLLOWING Mary Lou Retton returns from the hospital and in “recovery mode” 02:27 Healthcare CEO Ditches His Tie and Dons His Guitar to Moonlight as a …

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CVS to withdraw cold medications after FDA scientists say they don’t work

CVS to withdraw cold medications after FDA scientists say they don't work

The era of over-the-counter cold medications is coming to an end. Major retail chain CVS announced this month that it would remove certain cold and cough products containing oral phenylephrine from its shelves. The Food and Drug Administration may soon push for the ingredient to be removed en masse from these over-the-counter products, following a …

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CVS will no longer sell drugs containing phenylephrine as the sole active ingredient

CVS will no longer sell drugs containing phenylephrine as the sole active ingredient

(CNN) CVS is removing some over-the-counter allergy and cold medications from its shelves, a month after an independent advisory panel to the U.S. Food and Drug Administration said phenylephrine, a popular ingredient in these medications, is ineffective when taken orally. We are removing certain oral cough and cold products that contain phenylephrine as the sole …

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Rite Aid will continue to keep phenylephrine medications on shelves, CVS will no longer do so

Rite Aid will continue to keep phenylephrine medications on shelves, CVS will no longer do so

Rite Aid will continue to keep products containing phenylephrine on its shelves, at least for now, a spokesperson told ABC. “Rite Aid follows guidelines from regulatory agencies, including the FDA, and is committed to providing convenient access to safe, approved products to meet the health needs of our customers,” Rite Aid said in a statement. …

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CVS removes decongestant from shelves after FDA panel says it is ineffective

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CVS Health is considering removing a common type of decongestant from shelves after a U.S. Food and Drug Administration advisory committee said it was ineffective earlier this year. The products contain the oral formulation of phenylephrine (PE), which is found in several over-the-counter (OTC) medications. Although PE has been used as a decongestant for nearly …

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