CVS has told Newsweek that some of Arkansas' only 24-hour pharmacies are at-risk of closure because of new state law signed by Republican Governor Sarah Huckabee Sanders last month.

CVS Health and Express Scripts, two of the nation’s largest pharmacy benefit managers, have filed separate lawsuits challenging a new Arkansas law that restricts PBMs and their affiliated pharmacies ...

After Governor Sanders signed HB1150 into law, CVS officials stated that they have not announced plans to close stores and are "evaluating any and all options." ...

Pharmacy benefit management giants Express Scripts and CVS Health are suing Arkansas officials to challenge a law that bars PBMs ... "The immediate, known impact of the bill includes the closure ...

Scott McGill/Shutterstock Express Scripts and CVS Pharmacy — two of ... Sarah Huckabee Sanders signed the bill banning PBM ownership of Arkansas pharmacies into law April 16.

The companies contend the law will close pharmacies, confuse residents, and raise drug prices, among other effects. Other news from around the nation comes from Colorado, Texas, Connecticut, Iowa, ...

The legislation, if passed, would be a massive shakeup for the U.S. pharmacy supply chain, cutting off revenue and market power for PBM giants and ... their doors. Its impact on patients is ...

In a statement released in response to the bill, CVS responded strongly, warning of serious impacts from the new law. The company said House Bill 1150 will: CVS added that “facts should matter ...

such reform is gaining momentum as both an FTC lawsuit and bipartisan legislation put a spotlight on systemic abuses in the business of PBM and its impact on patients. But while CVS’s ...

CVS Health CVS shares have rallied ... to implement widespread store closures due to new Pharmacy Benefit Management (PBM) reform legislation, market sentiment remains positive.