STAT+: Pharmalittle: We’re reading about CVS plans to split up, FDA inspections in India and China and more — SkimNews
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- CVS Health decided to split into two companies, reversing one of the signature deals that defined an era of health-industry gigantism.
- Aetna and Caremark will be housed in one company, while the other will contain CVS Health’s 9,000 retail pharmacies, establishing the operating split.
- CVS Health plans the separation for early 2028, setting a specific deadline for unwinding the combined corporate structure.
- CVS Health traces its current structure to a near-$70 billion merger of Aetna and CVS roughly a decade ago, which created a health-care giant spanning insurance, pharmacy benefits and retail.
Why it matters: For CVS shareholders, the early-2028 breakup materially unwinds the near-$70 billion merger that joined Aetna, Caremark and 9,000 pharmacies. Instead of one health-care giant spanning insurance, pharmacy benefits and retail, those operations will sit in two separate companies under the announced plan.
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