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Home›Forum hosting›CVS Expands Vaccine Availability and Now Serves 17 States

CVS Expands Vaccine Availability and Now Serves 17 States

By Corrine K. Thomas
August 10, 2021
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jetcityimage / Getty Images

On Wednesday, CVS (NYSE: CVS) announced it would add six states to its COVID-19 vaccination program. Some CVS stores in Alabama, Arizona, Florida, Louisiana, Ohio, and Pennsylvania will have the vaccines, in addition to stores in 11 other states that already offer vaccines (California, Connecticut, Hawaii, Maryland, Massachusetts, New Jersey, New York, Rhode Island, South Carolina, Texas and Virginia).

See: How to book vaccines at large pharmacies
Find: As vaccines and 5G hit drugstores near you, Walgreens and Verizon are stocks to watch

CVS received an allocation of 570,000 shots, which are now available through the company’s online and telephone appointment booking services.

In its press release, the company said it has the national capacity to administer up to 25 million vaccines per month. The limiting factor is access to vaccines. With a third vaccine from Johnson & Johnson (NYSE: JNJ) and the Biden administration’s efforts to fund the manufacture and distribution of more doses, it’s possible that CVS could reach that level sooner rather than later.

It’s unclear whether CVS stores have enough duct tape to handle payment for so many new customers, all of whom will need coupons for pain relievers, makeup and soda.

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About the Author

Anne log is a writer specializing in business and finance. His most recent book is The Complete Idiot’s Guide: The Options Trade (Alpha 2016). She lives in Chicago.

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