Merger Puts Pharmacies On the Defensive

WOONSOCKET, R.I. The merger last month of the nation's biggest retail drug chain with the second-largest prescription benefit manager company forms a pharmacy powerhouse with potential so large, competitors are only beginning to guess how it will affect them. The combination of CVS/pharmacy here with its 6,200 stores, and Caremark, Nashville, Tenn., creates a giant one-stop prescription drug fulfillment

WOONSOCKET, R.I. — The merger last month of the nation's biggest retail drug chain with the second-largest prescription benefit manager company forms a pharmacy powerhouse with potential so large, competitors are only beginning to guess how it will affect them.

The combination of CVS/pharmacy here with its 6,200 stores, and Caremark, Nashville, Tenn., creates a giant one-stop prescription drug fulfillment business model, retailers said. It will be known as CVS/Caremark and will be bas

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