Express Scripts is suing the Federal Trade Commission (FTC), demanding the retraction of a report it claims is false and harmful to the pharmacy benefit manager (PBM) industry. Express Scripts is ...

Cuban, the founder of the Mark Cuban Cost Plus Drug mail-order pharmacy, said the main rebate funding mechanism is the sick ...

During the House Oversight hearing earlier this summer, Conway, Kautzner and Joyner defended PBM business practices in front of a generally unfriendly panel of lawmakers. PBMs, middlemen that sit ...

Mercedes-Benz is doubling down on solid-state EV batteries with ultra-long range and fast charging capabilities for its next-gen vehicles. With two partners accelerating development, Mercedes is ...

Their parent companies CVS, Cigna and UnitedHealth all include a major PBM, health insurer and pharmacy network. That vertical integration incentivizes and gives the conglomerates the ability to ...

Collectively, they control 80% of the PBM market. All three are also part of large, vertically integrated healthcare companies. Caremark is a subsidiary of CVS Health and a sister company to ...

In the filing with the federal court in Missouri, Express Scripts alleged that FTC's July 2024 report is filled with false and misleading claims about the PBM industry, and that it fails to take ...

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The analysis, released in the Journal of the American Medical Association, finds that CVS Health's Caremark holds the largest market share overall in the PBM space. However, it led by the largest ...

Supporters of the bill have argued it could lower costs, while opponents have warned it might drive up insurance premiums and weaken PBM bargaining power, according to the report. Mr. Newsom has ...

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