VALUERx HAS 95% CUSTOMER RENEWAL RATE HEADING INTO 1997; VALUE HEALTH SPLITTING PBM FROM MENTAL HEALTH/DISEASE MANAGEMENT/WORKER's COMP BUSINESSES
Executive Summary
ValueRx is holding 95% of its pharmacy benefit management client base currently up for renewal, the PBM's parent Value Health reported Oct. 9. Value Health commented on the contract renewals as part of the announcement of a spin-off plan to separate the PBM business from the rest of Value Health.
You may also be interested in...
Part D Discount Liability Coming Into Focus: CMS Releases Drug Cost Data
Newly released Medicare Part D data sheds light on the sales hit that branded pharmaceutical manufacturers will face when the coverage gap discount program gets under way in 2011
FDA Skin Infections Guidance Spurs Debate On Endpoint Relevance
FDA appears headed for a showdown with clinicians and the pharmaceutical industry over the proposed new clinical trial endpoints for acute bacterial skin and skin structure infections, the guidance's approach for justifying a non-inferiority margin and proposed changes in the types of patients that should be enrolled in trials
Shire Hopes To Sow Future Deals With $50M Venture Fund
Specialty drug maker Shire has quietly begun scouting deals with a brand-new $50 million venture fund, the latest of several in-house investment arms to launch with their parent company's pipelines, not profits, as the measure of their worth