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Are CVS Pharmacies Shutting Down in Arkansas?

  • In April, Governor Sanders approved Act 624, which prohibits companies that operate pharmacy benefit managers from also holding pharmacy licenses or running pharmacies in Arkansas starting January 2026.
  • The law aims to curb anticompetitive behavior by PBMs, whom the governor called 'drug middlemen' who raise costs and limit medication access.
  • CVS, which operates 23 pharmacies in Arkansas, along with the Pharmacy Benefit Managers' main trade group, has initiated legal action challenging the law as unconstitutional and warning that it may lead to the closure of pharmacies.
  • PCMA claims Act 624 would close about 40 pharmacies, reduce competition, cause job losses, and restrict patient access to specialty drugs and home delivery.
  • The lawsuits seek to block the law's enforcement and could influence other states considering similar PBM pharmacy ownership restrictions and broader drug pricing legislation.
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Axios broke the news in Washington, United States on Monday, June 9, 2025.
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