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Caremark/CVS May Be Better For Brand Drug Firms Than PBM Consolidation

Executive Summary

Brand pharmaceutical companies may prefer a Caremark/CVS merger to a Caremark/Express Scripts combination

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Express Scripts Makes Hostile Bid For Caremark, But Faces CVS, FTC Hurdles

Express Scripts will work to characterize the pharmacy benefit management marketplace as being composed of more players than the "big three" independent PBMs in attempting to secure Federal Trade Commission clearance of its proposed acquisition of Caremark, CEO George Paz indicated

CVS/Caremark May Have Less Formulary Adherence, Express Scripts Says

CVS/Caremark's intention to be "agnostic" to whether prescriptions are filled by mail or retail could adversely affect the proposed entity's ability to manage members' formulary adherence, Express Scripts VP-Investor Relations David Myers suggested

CVS/Caremark Declares Mail V. Retail Truce; Will New Model Win The Peace?

The marriage of CVS and Caremark will blur the lines between traditional mail order and retail pharmacy services by providing a range of prescription dispensing options

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