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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by visionaryfoolon Aug 03, 2016 9:48am
159 Views
Post# 25105752

The Release DOES say A LOT.

The Release DOES say A LOT.Bolded by me.

To address recent reports, Concordia also confirmed today that there was one formulary change affecting two products in its North America portfolio.

CVS Health confirmed this week that Nilandron®, Concordia's treatment for metastatic prostate cancer, and Dutoprol®, a treatment for high blood pressure, will be removed from CVS Health's formulary.  

Concordia believes this exclusion is immaterial to its business. According to IMS prescription data, CVS did not reimburse for Nilandron® at all in the past three years and has reimbursed Dutoprol® twice in 2016.

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