Wellcare Health Plans launched a new platform for multi-state growth with the close of its acquisition of Meridian Health Plans and the MeridianRx PBM.
Billionaire investor Carl Icahn now says he will support Cigna’s proposed purchase of Express Scripts, citing recommendations of two influential proxy advisors who came out in favor of the merger.
CVS Health said its retained share of rebates negotiated with drug makers this year comes to 2%, which translates to $300 million or 3% of the company’s annual earnings per share.
Investor Carl Icahn went public Tuesday with his opposition to Cigna’s proposed purchase of Express Scripts, saying the health insurer is overpaying amid a challenging regulatory environment and the entrance of Amazon into the pharmacy business.
Pfizer, one of the world’s largest drug companies, reversed price hikes it had taken on dozens of medicines last week after a phone call between the company’s chief executive, President Donald Trump, and the Secretary of Health and Human Services, Alex…