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NACDS, NCPA press on with PBM merger opposition

NACDS, NCPA press on with PBM merger opposition

The National Association of Chain Drug Stores and the National Community Pharmacists Association expressed disappointment that the Federal Trade Commission cleared the way for Express Scripts Inc. and Medco Health Solutions Inc.

FTC approves Medco-Express Scripts merger

FTC approves Medco-Express Scripts merger

The Federal Trade Commission has voted to allow Express Scripts Inc. to complete its controversial acquisition of Medco Health Solutions, a $29 billion deal that will create the nation’s largest pharmacy benefit manager (PBM), holding about a third of the market for prescription drug benefits.

Take Care, Tufts open work-site health center

Take Care Health Systems and Tufts Health Plan have opened a workplace health center that offers preventive care, wellness services, symptom care and laboratory services to the health insurer’s employees and contractors.

NACDS, NCPA sue to block PBM merger

NACDS, NCPA sue to block PBM merger

The National Association of Chain Drug Stores, the National Community Pharmacists Association and nine pharmacy operators have filed a lawsuit against the planned merger of pharmacy benefit managers Express Scripts Inc. and Medco Health Solutions Inc.

McKesson wraps up purchase of Katz units

McKesson Corp. has closed its acquisition of the independent banner and franchise pharmacy businesses of Katz Group Canada Inc. The pharmaceutical distributor said Monday that it finalized the transaction on March 25.

Walgreens sees earnings decrease in 2Q

Walgreens sees earnings decrease in 2Q

Walgreen Co. cited a weak cold and flu season and its impasse with pharmacy benefit manager Express Scripts Inc. in reporting declined earnings and prescription sales for its fiscal 2012 second quarter. Walgreens said Tuesday that for the second quarter ended Feb.