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CVS Launches Cordavis to Target Biosimilars Market

New CVS unit aims to cut your prescription costs by offering alternatives to branded drugs. CVS Health has launched Cordavis, a new unit to work with manufacturers on producing biosimilar drugs for the U.S. market that cost less than their branded counterparts.Biosimilar drugs, like generic drugs, are versions of brand-name drugs that may be more affordable to patients, according to the U.S. Food and Drug Administration (FDA). The first product launch under Cordavis, set for early 2024, will be ....

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