Concordia Healthcare Corp. T.CXR.R

The Release DOES say A LOT.

[visionaryfool]

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.

[ItsADonut]

This post has been removed in accordance with Community Policy

[visionaryfool]

Not sure I follow. Are you saying there needs to be a certain level of sales before they reimburse meaning their sales were too small to begin with and thus no reimbursement?