CVS has withdrawn its guidance for this year and offered investors no outlook for the next amid struggles in both the pharmacy and insurance businesses. In September, CVS executives met with Glenview, which had accumulated a stake of about $700 million and was pushing for change.
Ike Swetlitz is a Biotech/Health Reporter. He covers a range of topics related to medicine and healthcare, alternative medicine, and business economics, with a focus on drugs, nutrition, and the FDA. Ike's work has been featured in prominent publications including Financial Post, Bloomberg Law, TIME, and Fortune.