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By Tom Murphy |
April 20, 2012
Total compensation for Express Scripts Chairman and CEO George Paz slid 17 percent in 2011, matching a drop the pharmacy benefits manager's stock took largely after it announced a $29.1 billion acquisition of competitor Medco Health Solutions Inc. last July.
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By Tom Murphy |
April 18, 2012
SXC Health Solutions Corp. plans to buy fellow pharmacy benefits manger Catalyst Health Solutions Inc. in a deal worth more than $4 billion, less than a month after competitor Express Scripts Inc. closed a $29.1 billion acquisition.
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By The Associated Press |
April 17, 2012
Prescription drug spending growth slowed last year, as the introduction of generic medicines helped balance price increases, according to pharmacy benefits manager Express Scripts Inc.
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By The Associated Press |
April 10, 2012
A federal judge will hold a hearing Tuesday afternoon on a request to immediately stop Express Scripts Inc.'s $29.1 billion acquisition of fellow pharmacy benefits manger Medco Health Solutions Inc.
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By The Associated Press |
April 2, 2012
Express Scripts Inc. said Monday that it completed its $29.1 billion acquisition of Medco Health Solutions Inc., creating the largest pharmacy benefits manager in the country by far.
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By Tom Murphy |
March 29, 2012
An alliance of drugstores and community pharmacists has filed a federal lawsuit to stop Express Scripts Inc.'s $29.1 billion takeover of Medco Health Solutions Inc., a deal they fear would create a giant pharmacy benefits manager with too much leverage and market share.
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By Tom Murphy |
March 27, 2012
Walgreen Co.'s fiscal second-quarter earnings fell almost 8 percent, knocked down largely by its exit from the Express Scripts pharmacy network, but the drugstore operator still topped analyst expectations, and its shares outperformed broader market indexes Tuesday.
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By Judy Lin |
March 26, 2012
Medco has agreed to pay $2.7 million to settle an investigation into influence-peddling at California's largest public pension fund.
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By The Associated Press |
March 13, 2012
Shares of pharmacy benefits mangers Express Scripts Inc. and Medco Health Solutions Inc. both rose higher than the broader market Tuesday morning, a day after the companies said they now expect their combination to close early in the second quarter.
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By The Associated Press |
March 13, 2012
Shares of drugstore operator and pharmacy benefits manager CVS Caremark Corp. are approaching their full value according to a BMO Capital analyst who lowered his rating on the stock to "market perform" from "outperform."