Caremark competitor bulks up
By Geert De Lombaerde Posted on April 13, 2009 at 6:45 amExpress Scripts, which two years ago wanted to buy Nashville-based Caremark, has signed a $4.7 billion deal to buy the pharmacy benefits management division of insurer WellPoint. In terms of the number of prescriptions managed, the purchase will vault Express over Caremark into the No. 2 spot.
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Tags: acquisitions, CVS Caremark Corp., Express Scripts Inc., pharmacy benefit management, WellPoint Inc.
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