Express Scripts Dispute With Walgreens Spotlights PBMs’ Thirst For Deeper Discounts
The contracting dispute between the drug chain and PBM may also presage tougher negotiations ahead for biopharmaceutical companies, particularly if Express Scripts is successful in its bid to acquire rival PBM Medco.
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The drug store chain and the PBM resolve their costly contract dispute, saying Walgreens will rejoin Express Scripts’ pharmacy network Sept. 15. Walgreens’ 7,900 stores will participate in the “broadest” Express Scripts retail pharmacy network available to new and existing clients.