Pharmacy benefit managers are the middlemen in the prescription drug market. The Federal Trade Commission reports the revenue of four PBMs exceeds $1 trillion and they control 86% of the market.

Fresh off underperforming Wall Street’s expectations in the fourth quarter, Cigna said it would work to lower costs for its ...

In this week’s “Psychedelic,” The Fly’s recurring series focused on psychedelic stock news, The Fly looks back on study results, an analyst ...

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Cigna has deleveraged substantially after acquiring Express Scripts in late 2018 when Cigna's debt rose to over $42 billion, or debt/capital of 51%. Management has made good progress on its ...

Cigna Group CEO David Cordani said the company will make investments this year to improve patient and provider experiences ...

Express Scripts aims to ensure that patients directly benefit from its negotiations with drug manufacturers. The new approach will protect patients from paying inflated list prices for medications, ...

MILWAUKEE, WISCONSIN / ACCESS Newswire / January 30, 2025 /Serve You Rx, a full-service pharmacy benefit manager (PBM), received Validation Institute's designation for contract transparency. The ...

In his first confirmation hearing, Robert F. Kennedy Jr. tried to distance himself from his past statements on abortion and ...

Deep-pocketed investors have adopted a bullish approach towards Cigna CI, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this ...

About 50 retail pharmacies closed across Virginia last year, leaving 20 counties with limited or no access to pharmacies.

Pharmacy benefit management giant Express Scripts unveiled several steps it's taking to boost transparency and mitigate high ...