Lupin 2024

Express Scripts

Express Scripts subsidiary joins WBA global GPO

Express Scripts subsidiary joins WBA global GPO

ST. LOUIS — Express Scripts Holding Co. is participating in the Walgreens Boots Alliance Development GmbH (WBAD) global group purchasing organization. Express Scripts said the move entails its Innovative Product Alignment LLC subsidiary becoming a WBAD member. Bern, Switzerland-based WBAD sources and contracts generic drugs on behalf of its members. In addition, Econdisc Contracting Solutions

Express Scripts forms partnership to reduce drug costs

Express Scripts forms partnership to reduce drug costs

ST. LOUIS — Express Scripts Inc. has launched Inside Rx, a partially owned subsidiary applying the pharmacy benefit manager’s purchasing power to make branded and generic medications more affordable. Express Scripts said Monday that Inside Rx is partnering with pharmacy pricing comparison service GoodRx to deliver average savings of more than one-third on prescription drugs

AmerisourceBergen renews pact with Express Scripts

AmerisourceBergen renews pact with Express Scripts

VALLEY FORGE, Pa. — AmerisourceBergen Corp. has renewed its distribution agreement with pharmacy benefit manager Express Scripts Holding Co. AmerisourceBergen said Monday that under the new five-year agreement, it will supply branded pharmaceuticals to Express Scripts through Sept. 30, 2022. “We are extremely pleased and proud to continue to be the strategic partner of choice

Eli Lilly to offer insulin discounts via Blink Health

Eli Lilly to offer insulin discounts via Blink Health

INDIANAPOLIS — Eli Lilly and Co. has partnered with Express Scripts to enable diabetes patients to access discounts for Lilly insulin products through digital drug search and pricing service Blink Health. Lilly said Tuesday that the discounted prices for its insulin are slated to become available on Jan. 1 through Blink Health mobile and web

Express Scripts makes a change for Tricare

ST. LOUIS — Express Scripts Inc. is replacing CVS Pharmacy with Walgreens in its retail pharmacy network for Tricare, the U.S. military’s health care and drug benefits program. Plans call for Walgreens pharmacies to join the Express Scripts network for Tricare on December 1. CVS pharmacies — including CVS units in Target Corp. stores —

WBA tops earnings forecast for 4Q, full year

WBA tops earnings forecast for 4Q, full year

DEERFIELD, Ill. — As talks roll on to gain regulatory clearance for its acquisition of Rite Aid Corp., Walgreens Boots Alliance (WBA) posted adjusted earnings for its fiscal 2016 fourth quarter and full year that beat Wall Street’s estimates. WBA said Thursday that GAAP net earnings attributable to Walgreens Boots Alliance totaled $1.03 billion, or

Express Scripts replaces CVS with Walgreens for TRICARE

Express Scripts replaces CVS with Walgreens for TRICARE

ST. LOUIS — Express Scripts Inc. is changing out CVS Pharmacy for Walgreens in its retail pharmacy network for TRICARE, the U.S. military’s health care and drug benefits program. Plans call for Walgreens pharmacies to join the Express Scripts network for TRICARE on Dec. 1. At that time, CVS pharmacies — including CVS locations in

Express Scripts program caps drug costs for diabetes

Express Scripts program caps drug costs for diabetes

ST. LOUIS — Express Scripts has unveiled a program designed to rein in drug spending for diabetes patients. The pharmacy benefit manager on Wednesday launched the Diabetes Care Value Program, which the company said improves pharmacy care and controls plan costs for people with diabetes. Under the program, Express Scripts guarantees per-patient spending caps in

Prescription drug costs keep rising

Prescription drug costs keep rising

WASHINGTON — Inflation in medication costs eased last year due to spending controls and fewer new blockbusters, although there are still numerous cases of sticker shock. Spending on prescription drugs rose 5.2% in 2015, including the effects of rebates, driven by an 18% increase in specialty drugs, noted Express Scripts Holding Co. in a recent

Surescripts National Record Locator Service goes live

Surescripts National Record Locator Service goes live

ARLINGTON, Va. — Surescripts has activated its National Record Locator Service, an interoperable platform that enables health providers to locate and exchange patient records stored in any care location nationwide. The health information network said Monday that the service — whose partners include CVS Health, Express Scripts, Epic and NextGen Healthcare — encompasses 140 million

After PBMs weigh in, Valeant drops Philidor

NEW YORK — After CVS Caremark and two other pharmacy benefit managers announced that they are terminating mail-order pharmacy Philidor Rx Services LLC from their networks, Valeant Pharmaceuticals Inc. said it would also sever ties with Philidor. Philidor has been accused of bolstering sales of products made by the Canadian-based drug ­manufacturer Valeant. Joining CVS

More M&As expected to shake up retail Rx

More M&As expected to shake up retail Rx

NEW YORK — As much as the chain drug industry has consolidated, there is room for more mergers and acquisitions. That’s evident from the M&A speculation swirling about the sector in the U.S. and Canada, as well as recent activity. Lending credibility to the speculation is none other than Walgreens Boots Alliance (WBA) chief executive

Express Scripts picks next CEO

ST. LOUIS — George Paz will retire as Express Scripts Holding Co.’s chief executive officer in May, making way for president Tim Wentworth to take over, the company said earlier this month. Paz, 60, has been CEO at Express Scripts for a decade. He helped engineer the company’s takeover of rival Medco Health Solutions in

Express Scripts announces CEO succession

Express Scripts announces CEO succession

ST. LOUIS — Next spring, George Paz is slated to retire as chief executive officer of Express Scripts Holding Co. and be succeeded by president Tim Wentworth. Express Scripts said late Wednesday that Wentworth will take the helm as CEO in May 2016 after the pharmacy benefits management (PBM) company’s annual shareholders meeting, when Paz’s

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