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Express Scripts began in 1986 in St. Louis County, Missouri as a result of a joint venture between a retail chain of more than 79 pharmacies (Medicare Glaser Inc.) and Sanus Corp. Health Systems. Sanus traces its history to Bradford Systems and Administrative Services which was founded in Boston in 1968.
By 2017, Express Scripts was the 22nd-largest company in the United States by total revenue as well as the largest pharmacy benefit management (PBM) organization in the US. In March 2018, it was announced that Cigna, a global health services company, would acquire Express scripts for $67 billion.
Meanwhile, Cigna's PBM, Express Scripts, announced a strategy that would increase reimbursements to independent pharmacies that fill prescriptions for its members, plus a longer-term strategy to ...
(Reuters) -Cigna Group's Express Scripts pharmacy benefits unit will add three biosimilar versions of AbbVie's blockbuster arthritis treatment Humira to its list of preferred drugs, the company ...
Cigna announced Thursday it planned to acquire pharmacy benefit manager Express Scripts in a $67 billion deal.
The Cigna Group is a for-profit American multinational managed healthcare and insurance company based in Bloomfield, Connecticut. [2] [3] Its insurance subsidiaries are major providers of medical, dental, disability, life and accident insurance and related products and services, the majority of which are offered through employers and other ...