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Pharmaceutical and PBM
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4Q PBM FINANCIALS: MEDCO, CAREMARK
Medco Health Solutions (Franklin Lakes, NJ) processed 137.7 million prescription drug claims in the fourth-quarter of 2003, flat company to the same period a year earlier.
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MEDCO WON’T TALK DOJ SETTLEMENT, SNOW SAYS
David Snow, chief executive of Medco Health Solutions (Franklin Lakes, NJ), said that it would be wrong to talk about settling a five-year-old U.S. Justice Dept. investigation into the rebate practices of pharmacy benefit management companies.
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