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Pharmaceutical and PBM
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MEDCO SHARES CLAW BACK AFTER FEHBP LOSS
Shares in Medco Health Solutions (Franklin Lakes, NJ) clawed back to $32.66 per share, up 4%, in the week ended Feb. 27, after falling 10% the previous week on word the company had lost the contract to provide pharmacy benefit management services to federal employees effective Jan. 1, 2005.
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PEOPLE: PEZALLA
Prescription Solutions (Costa Mesa, CA), the pharmacy benefit management arm of PacifiCare Health Solutions (Cypress, CA), has name Edmund Pezalla, M.D, vice president and medical director. He was most recently with Kaiser.
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