Payer Pushback Is Weighing Down Retail Pharmacy Stocks
Prescription volume is climbing at Walgreens Boots Alliance (NASDAQ: WBA) and CVS Health (NYSE: CVS), yet growth rates at these pharmacy retailers are slowing. Why aren't retail pharmacies benefiting more from aging baby boomers?
In this clip from The Motley Fool's Industry Focus: Healthcare podcast, analyst Kristine Harjes and contributor Todd Campbell explain how falling drug prices for generic drugs are putting a lid on growth rates and crimping stock prices industrywide.
A full transcript follows the video.
Source: Fool.com