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Express Scripts Holding Co on Tuesday announced a new drug reimbursement list with lower U.S. prices for brand-name medications, as a way to encourage drugmakers to move away from paying rebates ...
Express Scripts Holding Company is a pharmacy benefit management (PBM) organization. In 2017 it was the 22nd-largest company in the United States by total revenue as well as the largest pharmacy benefit management (PBM) organization in the United States. [2] Express Scripts had 2016 revenues of $100.752 billion. [2]
Express Scripts (CI) announced a new electronic heath formulary, potentially transforming the way digital health solutions will be paid for in the near future, with an eye toward lowering costs.
In 2012 Express Scripts acquired rival Medco Health Solutions for $29.1 billion and became "a powerhouse in managing prescription drug benefits". [42] As of 2015, Express Scripts Holding Company was the largest pharmacy benefit management organization in the United States. [43]
[7] [13] In December 2015, Express Scripts accepted the company's product into its formulary. [14] In 2016, it introduced a lower cost version of tiopronin, and was said to have been working on a version of Mylan's EpiPen. [15] The EpiPen competitor's price target was US$100 for a pair of injectors. [16]
NEW YORK (Reuters) -Pharmacy benefit manager Express Scripts sued the U.S. Federal Trade Commission on Tuesday over the regulator's recent drug pricing report, calling the report's conclusion that ...