Biotech
CVS Health Considers a Major Breakup
CVS Health looks to split its pharmacy and insurance businesses into separate companies.

CVS Health plans a massive shift. The healthcare giant wants to break its business into smaller pieces. Leaders believe the company works better as separate parts.
The firm spent two years fixing its core stores. Wall Street experts now say the retail pharmacies stand strong on their own. The Aetna insurance group can also run by itself.
Running both drugstore counters and health plans brings big headaches. Dividing the units lets each team focus on clear goals. It gives investors an easier choice for their money.
Shoppers will still pick up medicine at their local corner store. For investors, this split could unlock fresh value in healthcare.
Source: CNBC
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