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CVS CVS Health CDR

16.28
-0.23 (-1.39%)
14 Feb 2025 - Closed
Realtime Data
Name Symbol Market Type
CVS Health CDR NEO:CVS NEO Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.23 -1.39% 16.28 15.86 16.70 16.50 16.25 16.38 29,954 23:50:07

CVS Health To Cover Humira Biosimilars April 1

03/01/2024 10:59pm

Dow Jones News


CVS Health CDR (NEO:CVS)
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By Ben Glickman

 

CVS Health's pharmacy benefit management unit will add Humira biosimilars to its covered drug lists starting April 1.

The Woonsocket, R.I.-based pharmacy and healthcare giant said Wednesday that the AbbVie-made autoimmune-disease treatment Humira would be removed from CVS Caremark's national commercial template formularies, or the lists which determine prescription drug coverage by health plans.

The company said Humira would still be an option for customers with Choice and Standard Opt Out commercial formularies.

Biosimilars are drugs and treatment with no clinically meaningful difference from branded alternatives.

CVS said that AbbVie had agreed to supply a committed volume of co-branded Humira to CVS subsidiary Cordavis. The business was launched in August with a focus on making biosimilar products.

 

Write to Ben Glickman at ben.glickman@wsj.com

(END) Dow Jones Newswires

January 03, 2024 17:44 ET (22:44 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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