Navigation Links
FTC Ends Investigation of CVS Caremark
Date:1/12/2012

WOONSOCKET, R.I., Jan. 12, 2012 /PRNewswire/ -- CVS Caremark Corporation (NYSE: CVS) announced today that the Federal Trade Commission (FTC) has concluded its investigation under the Federal Trade Commission Act into the company's business practices.  The investigation has resulted in CVS Caremark entering into a consent order that relates to certain business practices of a subsidiary of Longs Drug Stores Corporation, which took place prior to the acquisition of Longs by CVS Caremark in October 2008.  There were no allegations of antitrust law violations or anti-competitive behavior related to CVS Caremark's business practices or its products or service offerings.  In addition, the Company has received a formal letter from the FTC closing all other aspects of the investigation.

(Logo: http://photos.prnewswire.com/prnh/20090226/NE75914LOGO )

Pursuant to the consent order, CVS Caremark will deposit $5 million into a fund that will be used to compensate consumers who purchased coverage for the 2008 plan year from a Medicare Part D Prescription Drug Plan sponsored by Rx America, a subsidiary of Longs.  The fund is being established as a result of Rx America inadvertently posting on a website maintained by the Centers for Medicare and Medicaid Services (CMS) inaccurate pricing information for certain generic drugs.  In addition, CVS Caremark agreed on a go forward basis to refrain from making any misrepresentations regarding drug pricing information relating to affiliate sponsored Medicare Part D plans. The consent order will be published in the Federal Register and is subject to comment for 30 days.

"CVS Caremark is pleased to have reached an agreement with the FTC that ends the investigation and enables us to continue our focus on offering unique, innovative products a
'/>"/>

SOURCE CVS Caremark
Copyright©2010 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3

Related medicine technology :

1. Solvay Pharmaceuticals, Inc. and Wyeth Pharmaceuticals Announce Receipt of an FDA Action Letter for Bifeprunox, an Investigational Treatment for Schizophrenia
2. CardioFocus Endoscopic Ablation System Earns CE Mark to Treat Atrial Fibrillation; US Clinical Investigation Underway
3. A Worldwide Phase III Clinical Trial Seeks U.S. Patients to Explore Investigational Drug Phenoxodiol
4. Ardea Biosciences, Inc. Announces Completion of Phase 1 Clinical Trials of Novel Investigational HIV Drug RDEA806
5. ECLIPSE Data on Effects of Otsukas Investigational Novel Treatment, Tolvaptan, on Advanced Heart Failure Patients Hemodynamics and Urine Output Featured in Heart Failure Society of Americas Late Breaking Trials
6. Replidynes Investigational Antibacterial Agent REP3123 Prevents Sporulation in Clostridium difficile
7. Replidynes Investigational Antibacterial Agent REP3123 Prevents Toxin Production in Clostridium difficile
8. Wyeth Presents Phase 3 Fracture Data for Bazedoxifene, an Investigational Therapy for Osteoporosis
9. Newly Published Phase II Study Shows the Investigational Drug Vandetanib Prolongs Progression-Free Survival in Patients with Advanced Non-Small Cell Lung Cancer (NSCLC)
10. KineMed Presents Preclinical Data for Investigational Agent Demonstrating Neurogenesis and Confirming Improvements in Behavioral Model
11. Lexicon Reports Initial Clinical Trial Results for LX1031, an Investigational New Drug for Irritable Bowel Syndrome
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/17/2013)... , May 17, 2013 /PRNewswire-iReach/ -- The escalation ... proteins, is placing renewed emphasis on alternate delivery ... as a number of factors are converging to ... makers and their delivery device partners . These ... conditions, the growing trend toward self-administration for chronic ...
(Date:5/17/2013)... May 17, 2013  PENTAX Medical, a healthcare ... a global leader in ultrasound imaging, recently announced ... to enable further innovation in the development of ... ultrasound systems and PENTAX Medical endoscopic portfolio have ... of EUS systems. This agreement will continue to ...
(Date:5/17/2013)... -- Sinovac Biotech Ltd. (Nasdaq: SVA ), a ... today announced that it will release its unaudited financial results ... on Tuesday, May 28, 2013.  The Company will host a ... EDT (May 28, 2013 at 8:00 p.m. China Standard Time) ... on recent corporate developments. To access the conference ...
Breaking Medicine Technology:Pharmaceutical Makers and Delivery Device Partners Rethink Delivery Technologies - New Report Examines this Evolving Segment 2Pharmaceutical Makers and Delivery Device Partners Rethink Delivery Technologies - New Report Examines this Evolving Segment 3PENTAX Medical And Hitachi-Aloka Medical Continue Joint Innovation And Global Leadership In Endoscopic Ultrasound Systems 2PENTAX Medical And Hitachi-Aloka Medical Continue Joint Innovation And Global Leadership In Endoscopic Ultrasound Systems 3Sinovac to Host Conference Call to Report First Quarter 2013 Unaudited Financial Results 2Sinovac to Host Conference Call to Report First Quarter 2013 Unaudited Financial Results 3
(Date:5/19/2013)... New York (PRWEB) May 19, 2013 ... a Case Management Conference was recently convened for hundreds ... federal multidistrict litigation now underway in U.S. District Court, ... on the Court’s website on May 14th, the Conference ... It was also reported during the Conference that Defendants ...
(Date:5/19/2013)... 2013 Dr. Keith Chertok now provides gum ... unhealthy gums and increase the chance of a healthier smile. ... Attachment Procedure (LANAP) not only removes diseased gum tissue in ... jaw bone for dental implants. , LANAP uses ... It can also help stimulate the healthy tissue as well ...
(Date:5/19/2013)... Yeast infections are common in both men ... of the human body. A new yeast infection treatment product ... a unique method of application to help eliminate over growth ... provided to men and women searching for a natural process ... body through food and is stored in the intestines. In ...
(Date:5/19/2013)... Passages Malibu, the leading non-12 step, holistic, and ... the launch of a “Sobriety, Health, and Wellness” survey ... “We are always looking for new ways to engage ... regarding sobriety, what’s working for people, and what isn’t,” ... Passages Addiction Treatment Centers located in Malibu and ...
(Date:5/19/2013)... 19, 2013 The AMTC team will be ... Columbus Georgia Convention & Trade Center on June 1st. Professionals ... AMTC auditions are free of charge. , Actors, Models and ... hundreds of successful artists and grads like Caitlin Kinney - ... Tombolini , Chris Young - on his Liquid Neon 2013 ...
Breaking Medicine News(10 mins):Health News:Pradaxa Lawyers at Bernstein Liebhard LLP Report on Recent Status Conference in Federal Pradaxa Litigation 2Health News:Pradaxa Lawyers at Bernstein Liebhard LLP Report on Recent Status Conference in Federal Pradaxa Litigation 3Health News:Berkeley, CA Periodontist, Dr. Keith Chertok Now Treats Gum Disease Patients With Laser Gum Surgery Prior to Placing Dental Implants 2Health News:A Safe & Homeopathic Yeast Infection Relief by Yeastrol Now Available at HealthCareSupplementz.com with Massive Discount 2Health News:Passages Malibu Announces its Sobriety, Health, and Wellness Social Media Survey 2Health News:Passages Malibu Announces its Sobriety, Health, and Wellness Social Media Survey 3Health News:Actors, Models and Talent for Christ Hosting Auditions in Columbus, GA June 1st in Search of Local Talent 2
... 2011 Back problems are a highly prevalent health ... greater chance of retiring early from the workforce, much ... A group of Australian researchers reports that not only ... these individuals, but it also reduces their long-term financial ...
... A new study reveals substantial differences ... of follow-up surgeries for women who underwent a partial ... which cannot be explained by a patient,s medical or ... survival rates, according to the study led by Laurence ...
... BOSTON--The Massachusetts Life Sciences Center has awarded Dana-Farber ... the expansion of its pioneering cancer imaging research ... fund the establishment of the Molecular Cancer Imaging ... new molecular imaging probes. The facility will ultimately ...
... the journal Academic Radiology , found that while 1,246 ... to recommend additional screening with MRI, only 173 of these ... additional screening. "It,s hard to tell where, exactly, is ... of Colorado Cancer Center and associate professor of biostatistics and ...
... Jan. 31 (HealthDay News) -- Many employers in the U.S. ... due to preconceived ideas that they can,t do the work ... workers, a new study contends. University of New Hampshire ... States and found similar concerns related to the hiring of ...
... mutant protein found in nearly all pancreatic cancers plays a ... continued growth, according to a new study from University of ... target for developing new ways to treat this deadly disease. ... are what cause pancreatic cancer to develop. These mutations are ...
Cached Medicine News:Health News:People who retire early due to back problems face long-term financial disadvantage 2Health News:Rate of follow-up surgeries after partial mastectomy varies greatly 2Health News:Mass. Life Sciences Center grant expands Dana-Farber's cancer imaging research 2Health News:Mass. Life Sciences Center grant expands Dana-Farber's cancer imaging research 3Health News:Women not following through with recommended breast screening MRI 2Health News:Hospitality Not a Friendly Industry for Disabled Workers: Study 2Health News:Gene linked to pancreatic cancer growth, U-M study finds 2
Patented coaxial optics, Halogen HPX illumination, and 68 focusing lenses combine for premium quality....
... When Welch Allyn designed the world's ... 1915, they began a tradition of ... care professionals worldwide. In keeping with ... the prestigious 3.5v Coaxial-plus Ophthalmoscope. With ...
Welch Allyn quality in a convenient pocket size. The PocketScope fits into your pocket! Easy to use, lightweight, and perfect for general and specialist use. Take your PocketScope with you everywhere...
... ALE-3600 and ALE-3600PC Patternless ... fit lenses to frames, ... the convenience of complete ... edgers are particularly suited ...
Medicine Products: