CVS Health Corp.

Tailwinds from specialty pharmacy and increased generic utilization lifted CVS Health up on Tuesday, as the company posted net revenues of $35 billion, representing an increase of 9.7% for the three months ended Sept. 30.

Woonsocket, R.I. -- CVS Health Corp. on Tuesday reported slightly higher-than-expected quarterly profit, helped in part by growth in sales of specialty drugs. Net income decreased 24% to $900 million from $1.21 billion in the year-ago period, primarily due to a $521 million pre-tax loss on the early extinguishment of debt.      

Woonsocket, R.I. -- CVS Health said that the CVS/pharmacy store in West Haven, Conn., has been awarded LEED (Leadership in Energy and Environmental Design) Platinum certification. It the first CVS store to be certified with the U.S. Green Building Council’s highest distinction and the retailer’s eighth LEED-certified building.
   

CVS Health has confirmed a Wall Street Journal report that it is working to establish a tobacco-free pharmacy network and is looking for tobacco-free pharmacies to participate in the new offering.

As widely reported, CVS Health’s pharmacy locations are now officially tobacco-free as the company forges ahead on its mission to help shape the future of health care.

With the recent unveiling of a new corporate name and a network of retail pharmacies that are now officially tobacco-free, CVS Health continues to forge ahead on its mission to help shape the future of health care. To further communicate its purpose to both consumers and press and to discuss how the company’s unique, integrated model is making a difference in healthcare, Larry Merlo, president and CEO of CVS Health, spoke on Friday before the National Press Club in Washington, D.C.

Woonsocket, R.I. - Mary Langowski has been named executive VP for strategy, policy and market development for CVS Health, effective Oct. 14. In this role, Langowski will direct CVS Health's strategy and market development functions, with a focus on identifying and expanding enterprise opportunities to new markets.

Her portfolio will also include leading the company's government affairs and policy development teams at the state and federal level, providing strategic counsel.

CVS Health has named Mary Langowski EVP for strategy, policy and market development, effective Oct. 14.

Langowski will join CVS Health from international law firm DLA Piper where she serves as the chair of the Health Care Policy and Regulatory Practice and the co-chair of the Food and Beverage Sector.

CVS Health has completed the purchase of Miami-based Navarro Discount Pharmacy.

The acquisition includes Navarro's 33 retail locations and Navarro Health Services, a specialty pharmacy serving patients with complex or chronic diseases. The retail pharmacies will retain the Navarro Discount Pharmacy name.