CVS and Caremark Rx ink $21 bln merger deal Market Watch
NEW YORK (MarketWatch) - CVS Corp., the second-largest U.S. drugstore chain, reached an agreement Wednesday to acquire Caremark Rx Inc., one of the country's leading pharmacy-benefits managers, in a deal that would create a powerful player in an expanding segment of the health-care industry.
CVS to buy Caremark for $21B USA Today
Drugstore operator CVS is buying pharmacy benefits manger Caremark Rx for about $21 billion in stock, the Associated Press writes. CVS calls the deal a merger of equals and says the merger will create the nation's premier integrated pharmacy services
Vt. to get Wal-Mart low-cost Rx The Barre Montpelier Times Argus
MONTPELIER -- Wal-Mart is expanding a low-cost drug program it launched in Florida last month by allowing shoppers in Vermont and 13 other states to begin buying generic prescription drugs for $4, the retailer will announce today. - By DARREN M. ALLEN Vermont Press Bureau
Land of missed opportunity Canadian Business
Chalk up another defeat for Canadian retailers trying to make a go of it in the United States. Quebec-based pharmacy owner Jean Coutu Group is the latest Canuck merchandiser to beat a retreat back over the border.
Drug Industry's Toughest Pill to Swallow Newhouse News Service
BY GEORGE E. JORDAN c. 2006 Newhouse News S ervice WASHINGTON -- Businesses exist to compete. But that axiom gets turned on its head when major pharmaceutical companies pay cash to generic drugmakers to keep lower-priced copycat medicines off the market.

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