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CVS’s Omnicare Files for Bankruptcy After $949 Million Judgment

Bloomberg•Monday, September 22, 2025 at 5:45:46 PM
NegativeFinancial Markets
CVS’s Omnicare Files for Bankruptcy After $949 Million Judgment
CVS Health's subsidiary, Omnicare, has filed for bankruptcy following a staggering $949 million judgment against it for allegedly mishandling prescription drugs in long-term care settings. This situation highlights significant concerns about the quality of care in the pharmacy services sector and raises questions about the accountability of large healthcare providers. The outcome of this case could have far-reaching implications for how pharmacies operate and are regulated, especially in vulnerable populations.
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