CVS

Looking to offset declining margins, generic drug suppliers are diversifying capabilities and emphasizing specialty products, biosimilars and patient services.

Len Shankman will be president of pharmacy and consumer wellness, while Lucille Accetta will assume the role of chief pharmacy officer.

Top retailers, including CVS Health, Walmart, Walgreens, Kroger and Wakefern, are expected to receive their awards during a ceremony at the event.

The launch is part of the retailer’s commitment to in-store offerings and more digital product discovery opportunities.

CVS Health board of directors appointed Leslie Norwalk, Larry Robbins, Guy Sansone and Doug Shulman new board members.

Dr. Sreekanth Chaguturu will replace Mike Pykosz, who decided to leave the company.

Aetna Better Health of Illinois is the first Medicaid-managed care organization in Illinois to offer this service.

Cigna said it “remains committed to its established M&A criteria and would only consider acquisitions that are strategically aligned, financially attractive, and have a high probability to close,” per a WSJ report.