Business
California Gov. Gavin Newsom will soon decide whether the most populous U.S. state will join 25 others in regulating the middlemen known as pharmacy benefit managers, or PBMs, whom many policymakers blame for the soaring cost of prescription drugs.
Sept. 16, 2024
Zoe Friedland is expecting her first child — a girl — on Feb. 15, and she was picky about choosing a doctor to guide her through delivery.
Feb. 5, 2020
The Federal Trade Commission is preparing a lawsuit against the three largest drug middlemen over their use of rebates for insulin and other drugs.
July 10, 2024
Pharmacy benefit managers were developed to help cut prescription prices. Instead, they’ve become a major driver of higher prices.
July 11, 2024
NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market: NYSE Capital One Financial Corp., down $4.24 at $27.10 The credit-card issuer is said it would sell 64.4 million in common shares to pay back $3.55 billion in government bailout funds.
April 5, 2019
Kamala Harris fought healthcare consolidation as California attorney general. She could escalate the fight nationally if she wins the presidency in November.
Aug. 2, 2024
Antitrust enforcers signed off on Cigna Corp.’s $54-billion takeover of pharmacy-benefit manager Express Scripts Holding Co., clearing one of two healthcare deals that stand to reshape the industry.
Sept. 17, 2018
March 12, 2018
Health insurer Cigna Corp. agreed Thursday to buy pharmacy benefits manager Express Scripts Holding Co. for about $52 billion in cash and stock, extending the consolidation wave sweeping across the nation’s healthcare industry.
March 8, 2018
Predicting diminished competition and likely higher costs, a federal judge has rejected Anthem Inc.’s bid to buy rival health insurer Cigna Corp.
Feb. 9, 2017