--Tyson Foods dropped CVS Health's pharmacy benefits manager Caremark after putting its benefits contract up for bid, CNBC reports.

--Tyson instead opted for startup Rightway, which says it can save employers 15% on pharmacy costs with its transparent model.

--Tyson said it made the decision as it saw pharmacy costs rise sharply.

Full article at https://www.cnbc.com/2024/01/24/tyson-foods-drops-cvs-picks-rightway-pharmacy-benefit-manager.html

Write to ben.glickman@wsj.com; @benglickman

(END) Dow Jones Newswires

January 24, 2024 11:09 ET (16:09 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.
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