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CVS Caremark
Biotech Specialty Pharma
3000 Galleria Tower, Suite 1000
Birmingham, AL 35244 USA
phone:(205) 733-8996
fax:(205) 733-9780
Symbol CMX
Exchange
Founded 0
Employees
www.caremark.com/
Research Sector Biotech Specialty Pharma
Summary Description
Caremark is a pharmaceutical company engaged in pharmacy benefit management services
Management
 

Keywords



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Updated: Sept. 14, 2012

Description
Caremark Rx, Inc. is a pharmaceutical services company whose business is generally referred to as pharmacy benefit management services and involves the design and administration of programs aimed at reducing the costs and improving the safety, effectiveness and convenience of prescription drug use. The Company's operations are conducted primarily through Caremark Inc., its wholly owned, indirect subsidiary.
Market / Customers
Its customers are primarily sponsors of health benefit plans (employers, insurance companies, unions, government employee groups and managed care organizations) and individuals located throughout the United States. During 2002, the Company managed over 91 million prescriptions for individuals from over 1,200 organizations. The Company dispenses prescription drugs to customers through a network of more than 55,000 third-party retail pharmacies and through its own mail service pharmacies.


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