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Pharmacy Freedom Fund sues PBMs

Executive Summary

Pharmacy Freedom Fund files separate class action lawsuits against Medco and AdvancePCS in Philadelphia federal court Aug. 15. The suit on behalf of independent pharmacies alleges the pharmacy benefit management companies participated in anti-competitive behavior. PBMs have been anticipating the suit for over a year (1"The Pink Sheet" June 24, 2002, p. 23)...

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