FDA: Heartburn Drugs Can Interfere with Plavix Nov 19, 2009
Researchers at pharmacy benefit manager Medco Health Solutions reported last year that taking Plavix with Nexium significantly increased patients' chances of being hospitalized for a heart attack, stroke or chest pain. In May, Sanofi and Bristol-Myers updated Plavix's labeling to advise against using it in combination with certain heartburn drugs. (Newsmax)
Jacobs gets helm at Lazard Nov 18, 2009
He has advised on merger deals including drug manufacturer Glaxo-SmithKline and Medco Health Solutions and he helped the firm build out its restructuring unit ... He has advised on merger deals including drug manufacturer Glaxo-SmithKline and Medco Health Solutions and he helped the firm build out its restructuring unit. (New York Post -- Business)
CVS Caremark 3Q profit up but loses big contracts Nov 6, 2009
Shove said most of the lost business went to Medco Health Solutions, the largest PBM, although some went to Express Scripts. Medco confirmed it gained some of the low-income Medicare and Medicaid members, but did not disclose how many. (Yahoo News -- Pharmaceutical Industry News)
Farmland released from conservation program Nov 4, 2009
Medco Health Solutions Inc., the largest U.S. pharmacy benefits manager, said Tuesday its profit rose 13. 5 percent as the company gained new clients and benefited from price inflation of brand-name drugs. (Fresno Bee -- Business)
Earnings Preview: Medco Health Solutions Nov 3, 2009
NEW YORK Medco Health Solutions Inc., the largest U.S. pharmacy benefits manager, is scheduled to report its third-quarter results Tuesday morning. The following is a summary of key developments and analyst commentary for the period. (Yahoo News -- Pharmaceutical Industry News)
Sanofi-Aventis, Wellstat, sign licensing deal Oct 21, 2009
Medco Health Solutions Inc. said Tuesday it will compare the blood thinner Plavix, the world's second-best selling drug, with the newer Effient. Medco's proposed study, which would take more than two years, will exclude patients with a genetic mutation that reduces the effectiveness of Plavix and other drugs. (Fresno Bee -- Business)
Medco Plans to Compare Plavix, Effient in Study Oct 20, 2009
Medco Health Solutions Inc. said Tuesday it will compare the blood thinner Plavix, the world's second-best selling drug, with the newer Effient to study. Medco's proposed study, which would take more than two years, will exclude patients with a genetic mutation that reduces the effectiveness of Plavix and other drugs. (ABC News -- Business)
Cardinal taps new development chief Oct 6, 2009
Blake, a former business development executive at Franklin Lakes, N.J.-based pharmacy benefits manager Medco Health Solutions Inc. (NYSE:MHS), starts in the job Oct. 19 and will report to CEO George Barrett. Cardinal s former corporate development chief, Vivek Jain, joined the company two years ago and took a similar job with San Diego-based CareFusion Corp. (NYSE:CFN), the $4 billion clinical and medical products business Cardinal spun off as a separate public company on Aug. 31. (Columbus Business First, OH)
Roberts: Transparency in Prescription Drug Benefit Fees Is Key to Lowering Health Care Costs Sep 30, 2009
These companies have swelled from sleepy claims processors to billion-dollar corporations, such as CVS Caremark, Medco Health Solutions, and Express Scripts, which reported a 20 percent increase in profits last year. A coalition of consumer groups, including the Consumer Federation of America, the U.S. Public Interest Research Groups and the National Legislative Association on Prescription Drug Prices, put it this way: PBMs represent the most rapidly growing segment of health care spending, and... (Roll Call)
Senate Panel to Take Up Health Bill Again Tuesday Sep 26, 2009
Leading independent PBMs include Medco Health Solutions Inc. (MHS) and Express Scripts Inc. (ESRX), while major insurers such as Aetna Inc. (AET) have their own benefit managers. The Finance Committee Friday again turned down a number of Republican amendments aimed at protesting the bill, including one offered by Sen. (SmartMoney)
Medco Health Solutions, United Drug Announce U.K. Homecare Pharmacy Joint Venture Serving Patients with Chronic and Complex Health Conditions; Innovations to Improve Clinical Quality, Reduce Costs Aug 13, 2009
FRANKLIN LAKES, N.J. and LONDON, Aug. 13 /PRNewswire-FirstCall/ -- Medco Health Solutions, Inc., (NYSE: ), the world's most advanced pharmacy(R), today extended its initiatives addressing healthcare in Europe by entering into a joint venture with United Drug plc, a Pan-European healthcare leader, to provide home-based pharmacy care services in the United Kingdom for patients covered by the country's National Health Service (NHS) ... The joint venture, which will operate in the U.K. as Medco... (PR Newswire)
Lack of budgeting skills Aug 1, 2009
Pharmacy benefits manager Medco Health Solutions Inc. said Wednesday new clients and higher prices for brand-name prescription drugs strengthened its second-quarter profit. The company raised its full-year forecast, and shares climbed to a new 52-week high. (Fresno Bee -- Opinion)
Nasdaq Edges Higher While Others Slip Jul 29, 2009
Earnings Wednesday: Akamai Technologies (), ArcelorMittal (), Asiainfo (), Digital River (), Express Scripts (), Euronet (), General Dynamics (), Green Mountain Coffee Roasters (), Medco Health Solutions (), Moody's (), NetLogic Microsystems (), Nice Systems (), Oceaneering International (), Penn National Gaming (), Sprint Nextel (), Tetra Tech (), Visa (), Watson Pharmaceuticals (), and WellPoint (). Data on durable goods and the Fed's beige book will also be out Wednesday. (Investors Business Daily)
Mini Rally for Stocks After Jul 28, 2009
Existing users please login. Remember me on this computer. (Fox News)
Aetna looking to sell drug benefits business: report Jul 27, 2009
The people identified CVS Caremark Corp (CVS.N) and Medco Health Solutions Inc (MHS.N) as potential buyers, the paper said ... Medco Health Solutions Inc. (Yahoo News -- Pharmaceutical Industry News)
Cummins reopening Ind. plant, while another closes Jul 4, 2009
SEMI was launched to promote e-prescribing among physicians in Southeast Michigan by a coalition including General Motors, Ford Motor Company, Chrysler Group LLC, the United Auto Workers, Blue Cross Blue Shield of Michigan, Health Alliance Plan, Henry Ford Medical Group, Medco Health Solutions, Inc. and CVS Caremark Corporation. " COLUMBUS, Ind. -- Cummins Inc. is recalling 400 laid-off workers as it resumes production at a Columbus factory, while nearly 300 people lost their jobs as an auto... (Fresno Bee -- Business)
Today's alerts include: MET, MHS, MRO, MS, PFE Jun 3, 2009
Today's focused alerts include: MetLife Inc (NYSE:), Medco Health Solutions Inc (NYSE:), Marathon Oil Corp (NYSE:), Morgan Stanley (NYSE:), Pfizer (NYSE:). OtcStockPortal. (PR Newswire)
Medco, Other PBMs Eye More Efficiency Jun 2, 2009
Medco Health Solutions ... Medco Health Solutions () leads by most measures. (Investors Business Daily)
Prozac, Zoloft could inhibit cancer drug Jun 1, 2009
He had no role in the study, which was done by Medco Health Solutions. Researchers used members' medical records to identify 353 women taking tamoxifen plus other drugs that might interfere with it, and 945 women taking tamoxifen alone. (Sydney Morning Herald -- World)
Antidepressants may raise risk of breast cancer return Jun 1, 2009
He had no role in the study, which was done by Medco Health Solutions Inc., a large insurance benefits manager. Researchers used members' medical records to identify 353 women taking tamoxifen plus other drugs that might interfere with it, and 945 women taking tamoxifen alone. (MSNBC -- Health)
Study: Drug Combos May Raise Breast Cancer Risk Jun 1, 2009
Results of the study by Medco Health Solutions Inc. were released Saturday at a cancer conference in Florida. (Copyright 2009 by The Associated Press. (13WMAZ.com, GA)
New Study: Antidepressants Commonly Prescribed with Tamoxifen Put Women at Much Higher Risk for Recurrent Breast Cancer May 31, 2009
The research presented by Medco Health Solutions, Inc. (NYSE: ) and Indiana University School of Medicine at the 2009 Annual Meeting of the American Society of Clinical Oncology (ASCO) is the largest study to date looking at how these drugs impact breast cancer recurrence rates when taken with tamoxifen ... Medco Health Solutions, Inc. (NYSE: ) is a leading health care company, serving the needs of more than 60 million people ... SOURCE Medco Health Solutions, Inc.. (PR Newswire)
Antidepressants affect cancer drug May 31, 2009
The study was done by Medco Health Solutions Inc., a large insurance-benefits manager. In another development, a study suggests that's there's more troubling news about hormone therapy for menopause symptoms: Lung cancer seems more likely to prove fatal in women who are taking estrogen-progestin pills. (AZCentral -- News)
Wellness clinic receives $125,000 May 28, 2009
The Bureau County clinic is one of 24 nonprofit health clinics in Illinois to share in settlements of consumer protection actions against Caremark Rx LLC, and Medco Health Solutions Inc. It's fitting the settlements go to help needy consumers throughout the state, Madigan said. Low-income patients are increasingly vulnerable to rising health care costs,; Madigan said. (Princeton Bureau County Republican, IL)
4-Star Stocks Poised to Pop: Medco May 23, 2009
Based on the aggregated intelligence of 130,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, pharmacy benefit manager Medco Health Solutions (NYSE: MHS) has earned a respected four-star ranking ... What do you think about Medco Health Solutions, or any other stock for that matter. (MSNBC -- Business)
US prescription drug use fell in 2008, study says May 15, 2009
NEW YORK Prescription drug use in the U.S. fell last year, although total spending on drugs increased as prices rose sharply on brand-name products, pharmacy benefits manager Medco Health Solutions said Wednesday ... Medco Health Solutions. (Yahoo News -- Pharmaceutical Industry News)
Benefits Of Anti-clotting Medications Reduced By Common Heartburn Drugs May 8, 2009
"Given the large number of patients who undergo coronary stent procedures each year, and the recommended and wide use of clopidogrel following this procedure, our findings have implications for many thousands of patients across the United States," said Eric J. Stanek, PharmD, senior director of research, personalized medicine research and development, Medco Health Solutions, Franklin Lakes, NJ, and the study's principal investigator ... This study was supported independently by Medco Health... (Science Daily)
Plavix, Heartburn Drugs May Be Risky Combination May 8, 2009
Eric J. Stanek, senior director of research at Medco Health Solutions, a drug distributing company, said his team analyzed data on almost 17,000 people who took Plavix (clopidogrel) for more than a full year after coronary stenting. The overall incidence of major adverse cardiovascular events was 51 percent higher in those taking Plavix and a PPI than in those taking Plavix alone, Stanek said. (MEDLINEplus)
Medco to Present at the Bank of America and Merrill Lynch 2009 Health Care Conference May 6, 2009
FRANKLIN LAKES, N.J., May 5 /PRNewswire-FirstCall/ -- Tim Wentworth, group president, employer accounts, Medco Health Solutions, Inc. (NYSE: ), is scheduled to address the Bank of America/Merrill Lynch 2009 Health Care Conference in New York on Tuesday, May 12, 2009 ... Medco Health Solutions, Inc (NYSE: ) is a leading health care company, serving the needs of more than 60 million people ... SOURCE Medco Health Solutions, Inc.. (PR Newswire)
Stocks Retreat Again In Lower Volume Apr 30, 2009
Earnings due: Aetna (), ArcelorMittal (), Burger King (), Citrix Systems (), Express Scripts (), FTI Consulting (), General Dynamics (), MedAssets (), Medco Health Solutions (), Moody's (), O'Reilly Automotive (), SAP () and Visa (). 4:15 p.m. Update: Indexes Seesaw To Lower Close. (Investors Business Daily)
New clients, higher prices lift Medco 1Q profit Apr 29, 2009
FRANKLIN LAKES, N.J. -- Pharmacy benefits manager Medco Health Solutions Inc. said Wednesday new clients and increased use of higher-margin generic drugs boosted its profit in the first-quarter, with results exceeding Wall Street's expectations. Medco's profit had been boosted in recent quarters as more people tried to save money by filling their prescriptions through the mail instead of going to the drugstore. (Fresno Bee -- Business)
Express Scripts, WellPoint in $4.68 billion deal Apr 15, 2009
Express Scripts is the third-largest pharmacy benefits manager, and the deal likely would vault it past No. 2 CVS Caremark and push it close to the top stand-alone company, Medco Health Solutions Inc., based on prescriptions managed. The increased bargaining power that comes from that size should translate into better pricing for existing employer customers and more aggressive pricing for prospective new ones, said David Dross, a principal with the human resources consulting firm Mercer. (MSNBC -- Business)
WellPoint sale to lift its power to bargain Apr 14, 2009
The largest benefits manager, Medco Health Solutions Inc., of Franklin Lakes, N.J., handled 796 million prescriptions last year, the company said in its Feb. 24 earnings statement. Express Scripts lost a hostile takeover bid two years ago to acquire rival benefits manager , which was sold to drugstore chain in a $27. (Boston Globe)
Express Scripts to buy WellPoint prescription unit Apr 14, 2009
Adding No. 4 pharmacy benefit manager NextRx would give third-ranked Express Scripts new clout against rivals Medco Health Solutions and CVS Caremark Corp. The deal comes more than two years after Express lost out to CVS in a high-stakes bidding war for Caremark ... Medco Health Solutions. (Yahoo News -- Pharmaceutical Industry News)
US pharmacy benefit manager in US$4.7b deal Apr 14, 2009
The deal would give Express Scripts new bulk to compete against chief rivals Medco Health Solutions and CVS Caremark Corp.. From a long-term perspective I think its going to be very good for the company, said Jefferies alyst Arthur Henderson. (The Star Online, Malaysia -- Business)
THE TECH CHRONICLES A daily dose of postings from The Chronicle's... Apr 7, 2009
Other pharmacy partners include Medco Health Solutions Inc. and Walgreen Co.. A growing number of companies - Google, Microsoft Corp., Revolution Health - have been trying to get consumers to keep track of their health information online through free personal health records. (San Francisco Chronicle -- Technology)
Component Changes Made to the Global Dow Mar 28, 2009
HK), Medco Health Solutions Inc. (United States, Health Care, MHS), NASDAQ OMX Group Inc. (United States, Financial Services, NDAQ), and Travelers Cos. Inc. (United States, Insurance, TRV). (Primezone Releases)
Green Light AIG Bonuses Mar 24, 2009
CEO Spotlight With David B. Snow Pt. 1 (350 sec.) The head of Medco Health Solutions explains how IT innovation is reducing healthcare costs. CEO Spotlight With David B. Snow Pt. 2 (420 sec.) Medco's chief executive talks about how Medicare Part D, generic drugs and biotechnology are changing the industry. (Forbes -- Business)
> Rules still unclear on regulating bioengineered generic drugs Mar 18, 2009
Biogenerics could ring up more than $34 billion in sales from 2013 through 2017, according to Medco Health Solutions Inc., which manages pharmacy benefits for employers and health plans. Regardless, they all will have to wait for Congress, which considered a handful of biosimilar bills last year, including one from U.S. Rep. (San Jose Business Journal, CA)
New Study Suggests Cholesterol-Lowering Statins Reduce Severe Asthma Attacks that Result in Hospitalizations and Emergency Room Visits Mar 15, 2009
The study was jointly conducted by researchers from Medco Health Solutions, Inc. (NYSE: ) and Brigham and Women's Hospital, a teaching affiliate of Harvard Medical School ... Medco Health Solutions, Inc (NYSE: ) is a leading health care company, serving the needs of more than 60 million people ... SOURCE Medco Health Solutions, Inc.. (PR Newswire)
Statins keep patients out of ER Mar 14, 2009
The study was conducted by researchers from Medco Health Solutions Inc and Boston's Brigham and Women's Hospital. "The implications of this study are exciting because they point to the potential role statins could play in helping prevent the most serious asthma attacks that land patients in the hospital," Dr Robert Epstein, Medco's chief medical officer, said in a statement. (India Times, India)
WellPoint's benefits business up for sale: report Mar 5, 2009
Its PBM business is likely to attract interest from CVS Caremark Corp (CVS.N), Medco Health Solutions Inc (MHS.N) and Express Scripts Inc (ESRX.O), and the sale process has been under way for months, the paper said, citing people close to the matter ... Medco Health Solutions Inc. (Yahoo News -- Pharmaceutical Industry News)
Obama Taps DeParle as Health Czar Mar 3, 2009
DeParle is managing director of CCMP Capital and sits on the boards of corporations such as Medco Health Solutions, Cerner and Boston Scientific affiliations that could present potential conflicts of interest. But allies of DeParle argued that if the White House is looking for someone with experience in government, policy and business, she would fit the description. (Newsmax)
Medco 4Q profit rises on mail and generic demand Feb 25, 2009
NEW YORK Pharmacy benefits manager Medco Health Solutions Inc. said Tuesday its fourth-quarter profit rose 32 percent as the deteriorating economy drove increased sales of generic and mail-order drugs as customers tried to save money ... Medco Health Solutions Inc. (Yahoo News -- Pharmaceutical Industry News)
Medco profit rises 32 percent, backs 2009 outlook Feb 25, 2009
NEW YORK (Reuters) Medco Health Solutions Inc (MHS.N) posted a 32 percent rise in fourth-quarter earnings on Tuesday, helped by an increase in more-profitable generic drug sales and home delivery prescriptions, and the pharmacy benefit manager backed its 2009 profit outlook ... Medco Health Solutions Inc. (Yahoo News -- Pharmaceutical Industry News)
Search for Safety Takes Healthcare to Top of S&P Feb 25, 2009
Among bright spots in the earnings season, pharmacy benefit manager Medco Health Solutions Inc reported a jump in profit on Tuesday as it saw an increase in generic drug sales and home delivery prescriptions. 1. (ABC News -- Wire)
4 Stocks for Scaredy-Cats Feb 24, 2009
Competitors in the PBM business include Medco Health Solutions (NYSE: MHS) and Express Scripts (Nasdaq: ESRX). CVS is also a leader in the development of in-store health clinics, with more than 500 MinuteClinics in 25 states. (MSNBC -- Business)
WH may abandon health czar post Feb 23, 2009
Stimulus incentive is very generous. " [Representative Pete Hoekstra's Twitter page; 2/18/09] Representative Leonard Lance (NJ-07) - "Officials are hoping more federal money will soon be flowing to the Green Brook Flood Control Project. (Politico)
Plavix Plus Heartburn Drugs May Hike Heart Risk Feb 7, 2009
A study of 16,000 people reported last year by Medco Health Solutions, a prescription drug provider, found that 39. 2 percent of people taking Plavix and a proton pump inhibitor after implant of a stent -- an artery-opening tube -- suffered serious cardiac events, compared with 26. (MEDLINEplus)
