AmerisourceBergen Will Supply AdvancePCS Mail Pharmacy Six Months Past Merger Completion
This article was originally published in The Pink Sheet Daily
Executive Summary
AdvancePCS and ABC agree to extend their contract until Sept. 30; Caremark's acquisition of AdvancePCS is expected to close in March. ABC remains pessimistic about retaining the contract beyond September.
You may also be interested in...
AdvancePCS To Switch Wholesalers In August
McKesson will likely assume the wholesaling services for AdvancePCS in August
AdvancePCS To Switch Wholesalers In August
McKesson will likely assume the wholesaling services for AdvancePCS in August
FTC Clears Caremark/AdvancePCS Deal, Expects Regional PBMs To Serve Small Employers
The merger’s completion awaits shareholder approval by both companies, which is expected to occur before the end of March. The combined firm is likely to have increased bargaining power that can be passed on to customers, FTC says.