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Express Scripts Could Negotiate Drug Rebates For 100m Lives With Prime Therapeutics Deal

 
• By Cathy Kelly

Manufacturers will face the “biggest PBM ever” in price negotiations for pharmacy benefit drugs as a result of the collaboration between the two pharmacy benefit managers.

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Covered Lives Equate To Leverage In PBM Negotiations

Express Scripts Holding Co. gains significantly more leverage in rebate negotiations through its recently announced collaboration with Blue Cross Blue Shield-owned pharmacy benefit manager Prime Therapeutics.

Express Scripts will handle rebate negotiations for pharmacy benefit drugs on behalf of Prime under terms of the three-year agreement....

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