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FTC Weighs Merger's Impact on Specialty Drugs
Medco Health Solutions
MHS
+0.22%
Express Scripts
ESRX
-0.20%
The Federal Trade Commission is taking a hard look at whether the proposed $29 billion merger of prescription-drug benefit managers Inc. and Inc. would impede patients' access to expensive drugs used to treat cancer and certain other life-threatening diseases.
FTC commissioners, including Chairman Jon Leibowitz, have asked many questions about the market for the so-called specialty drugs in meetings with industry groups and others, according to people who have attended the meetings. The questions have involved the relationship between PBMs, which administer prescription-drug coverage for employers and insurers, and the manufacturers of the drugs, these people said.
Read the full story: http://hcp.lv/HkWV2o
Source: The Wall Street Journal
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