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Employee Benefits

CVS shutting down clinical trials business started during pandemic

May 16, 2023 Reprints

CVS Health Corp. is closing its clinical trials unit two years after its launch to focus on its core operations, Healthcare Dive reports. The company plans to wind down the business in phases, with a full exit by December 2024. CVS unveiled its clinical trials unit in May 2021 amid the COVID-19 pandemic, to support clinical trials for vaccines and treatments for the virus, and other pharmacy giants followed closely.

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CVS shutting down clinical trials business started during pandemic

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