Generic drugs drive 23% profit gain at CVS

05/1/2013 | Forbes · Miami Herald (free registration), The

CVS Caremark's profit increased 23% in the first quarter compared with Q1 of 2012. The better-than-expected result was driven largely by a slew of new, higher-margin generic drugs. A strong flu season, additional clients and Medicare prescription-drug plans also boosted results for the nation's second-largest pharmacy chain.

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Forbes · Miami Herald (free registration), The

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