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CVS raises profit forecast, in talks with US to administer Covid vaccines

CVS also said it was working with laboratories to cut down the turnaround time for coronavirus test results, which had spiked in July due to a massive increase in demand for tests

CVS Pharmacy
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People walk by a CVS Pharmacy store in the Manhattan borough of New York City, New York, US | Photo: Reuters

Manas Mishra | Reuters
Drugstore operator CVS Health Corp raised its full-year profit forecast on Wednesday and said it was in talks with the US government to administer coronavirus vaccines at its pharmacies once they become available.
 
CVS also said it was working with laboratories to cut down the turnaround time for coronavirus test results, which had spiked in July due to a massive increase in demand for tests.
 
A shortfall of adequate diagnostic testing has hampered the US response to the pandemic, which has so far infected more than 4 million Americans.
 
CVS has been operating large-scale drive-through sites for coronavirus tests since

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