CVS and Cigna’s PBM subsidiary Express Scripts filed two separate suits Thursday in an Arkansas district court asking a judge to find the law unconstitutional and ban it from being implemented.

Express Scripts, CVS sue Arkansas over PBM pharmacy ownership ban The PBMs are calling the law "economic protectionism" and predicting it will kill hundreds of jobs.

Litigation over state power to regulate pharmacy benefit managers is far from over, even after the US Supreme Court bolstered ...

CVS Health Corp. is crying foul after Arkansas Gov. Sarah Sanders signed a bill banning banning PBMs from having a financial interest in pharmacies in the state.

Arkansas banned pharmacy middlemen from selling medicine, but CVS says the new law could raise costs and cut off care for thousands.

CVS officials said a new law restricting Pharmacy Benefit Managers from owning pharmacies will result in the closure of more than 20 Arkansas pharmacies.

The contract, though sizable, is likely immaterial to CVS’ earnings. But it moves the company in a positive direction as it ...

On April 16, 2025, Arkansas enacted Act 624 (the Act), an unprecedented law prohibiting pharmacy benefit managers (PBMs) from owning or operating ...

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 benefit managers ((PBMs)) from owning or ...

Arkansas Gov. Sarah Sanders has signed a first-in-the-nation law that prohibits pharmacy benefit managers from operating both retail and mail-order pharmacies, a move designed to eliminate a ...

CVS and Cigna’s PBM subsidiary Express Scripts filed two separate suits Thursday in an Arkansas district court asking a judge to find the law unconstitutional and ban it from being implemented.