As part of Operation Warp Speed, Coram, the infusion care business of CVS Health, will provide timely patient access to new monoclonal antibody therapies for the treatment of COVID-19.
Neela Montgomery, former CEO of Crate & Barrel, will serve as executive vice president and president of CVS Pharmacy/retail, overseeing the company's 10,000 pharmacies.
CVS Health will invest $8.7 million in the Mercy Drive neighborhood and expand its Project Health program as part of its nearly $600 million commitment to address racial inequality.
Karen Lynch — who currently leads CVS Health's Aetna business — will become the company's president and CEO, succeeding Larry Merlo who will retire in spring 2021.