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 ...

The massive pharmacy middlemen contend that Arkansas’ law, which requires PBMs to divest pharmacies they own in the state, ...

Express Scripts and CVS Pharmacy — two of the three biggest U.S. pharmacy benefit managers — are suing to block an Arkansas ...

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, ...

Arkansas Governor Sarah Huckabee Sanders signed a first-of-its-kind law last ... on the PBM industry released late last year and early this year. The FTC found the Big Three — CVS’ Caremark ...

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 ...

CVS Health (NYSE:CVS) said it will close more than 20 pharmacies in Arkansas after the state Gov. Sarah Huckabee Sanders signed a law banning pharmacy ... also operates in the PBM market.

The two companies contend the state law will force many pharmacies to close, reducing patient access and increasing costs.