Showing posts with label Express Scripts. Show all posts
Showing posts with label Express Scripts. Show all posts

Monday, April 13, 2009

Express Scripts to Buy WellPoint's NextRx

We live in a day of M&As (mergers and acquisitions) in the healthcare industry. Pfizer is buying Wyeth, but that's old news. Why should pharma have all the fun?

Express Scripts is buying WellPoint's NextRx for $4.7 billion. Actually, maybe that's $4.68. In either case, it's a huge amount of money. So who's next? According to Express Scripts, NextRx manages prescription benefits for about 25 million customers and handles more than 265 million prescriptions a year.