| Home
|
Express Scripts, Inc., with headquarters in St. Louis, Missouri, is is one of the largest pharmacy benefit management (PBM) companies in North America, providing PBM services to over 55 million patients through facilities in 13 states and Canada. Express Scripts serves thousands of client groups, including managed-care organizations, insurance carriers, third-party administrators, employers and union-sponsored benefit plans. Express Scripts provides integrated PBM
services, including network pharmacy claims processing, mail pharmacy
services, benefit design consultation, drug utilization review,
formulary management, disease management, medical and drug data analysis
services, and medical information management services. The Company also
provides distribution services for specialty pharmaceuticals through its
CuraScript specialty pharmacy. |
||||||||||||||||||||||||||
|
||||||||||||||||||||||||||
| HISTORY | TYPE | Divestiture / Closures of Businesses |
| 2005 | Subsequent to the closing of our acquisition of Priority, Aetna, Inc. provided notice of its election to exercise its purchase option for Priority Healthcare's 60% ownership share of Aetna Specialty Pharmacy. | |
| HISTORY | TYPE | Acquisitions / Strategic Investment |
| Oct 15, 2005 | TC | Priority Healthcare Corporation - cash transaction for $28 per share, or approximately $1.3 billion. Priority, headquartered near Orlando, Fla., is among the nation’s largest specialty pharmacy and distribution companies, with approximately $1.7 billion in annual revenue during 2004 and approximately $1.1 billion in revenue for the six months ended July 2, 2005. This acquisition is expected to enhance our specialty pharmacy business. |
| Jan 30, 2004 | TC | CuraScript, for approximately $333.4 million, which includes a purchase price adjustment for working capital and transaction costs. CuraScript is one of the nation’s largest specialty pharmacy services companies and has enhanced our ability to provide comprehensive pharmaceutical management services to our clients and their members. CuraScript operates seven specialty pharmacies throughout the United States and serves over 175 managed care organizations, 30 Medicaid programs and the Medicare program. |
| TYPE | |
| DA2A (DA2M) | Definite Agreement to Acquire (Merge) |
| DA | Definite Agreement |
| TC | Transaction Completed |
| TND | Terms of the transaction were not disclosed |
| TO | Tender offer |
Copyright 2006 © PEsource, Inc. All Rights Reserved