Caremark/CVS May Be Better For Brand Drug Firms Than PBM Consolidation
Brand pharmaceutical companies may prefer a Caremark/CVS merger to a Caremark/Express Scripts combination
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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'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
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