Deal Snapshot
MedAvail Sells Pharmacy Assets to CVS Pharmacy
Friday 27 January 2023

US-based pharmacy company MedAvail Holdings, Inc. (NASDAQ: MDVL) has entered into a definitive agreement with US-based retail company CVS Pharmacy, Inc., on behalf of itself and its subsidiaries and affiliates, for the sale of certain assets of MedAvail's SpotRx pharmacies, the company said.

In connection with the CVS Transaction, MedAvail has agreed to sell to CVS certain assets related to its SpotRx pharmacies located in Tucson and Phoenix, Arizona; Buena Park, Laguna Hills and San Fernando, California; Southfield, Michigan; and in Orlando and Tampa, Florida.

Date Published: 27/01/2023