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CVS Health tops forecasts, reserves billions for settlement

Por: ABC News Business November 06, 2022

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CVS Health booked a third-quarter loss of more than $3 billion after setting aside money for a potential opioid litigation deal but still beat expectations and raised its 2022 forecast. The care giant detailed on Wednesday a planned nationwide settlement of lawsuits over how it has handled prescriptions for powerful painkillers linked to an overdose epidemic. The company recorded in the recently completed quarter a $5.2 billion pretax charge for... + full article



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