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CVS CEO defends pharmacy middlemen, accuses drugmakers of 'monopolistic' practices

CNBC
Summary
Nutrition label

75% Informative

CVS Health CEO David Joyner on Wednesday defended pharmacy middlemen like his company's Caremark unit.

He accused manufacturers of "monopolistic" practices that keep drug costs high in the U.S. CVS owns Caremark , one of the nation's three largest pharmacy benefit managers.

Lawmakers and President Donald Trump have signaled interest in cracking down on PBMs.

VR Score

84

Informative language

90

Neutral language

36

Article tone

semi-formal

Language

English

Language complexity

68

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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