Monday, April 2, 2012

Breaking News

Federal antitrust regulators on Monday approved a $29 billion merger creating

the nation's largest manager of prescription drug benefits despite widespread

congressional objections. Express Scripts and Medco Health Solutions

immediately announced the completion of their merger after the Federal Trade

Commission gave its approval. More than 80 members of Congress, lobbied by

pharmacies in their districts, have weighed in against the merger and

raised concerns that it could lead to fewer choices for consumers

(Pecquet, 4/2).

I suspect that this is not a good thing for patients since this merged company will own a huge part of the mail order pharmacy market -- and they were impossible to deal with before. It's very disappointing that this merger was approved. Jennifer

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