Retail-PBM combination is working for CVS Caremark

The pharmacy benefit management (PBM) business of CVS Caremark Corp. outpaced the pharmacy side in first-quarter figures released by the Woonsocket, RI-based prescription drug provider. PBM network revenues climbed 6.8% in the quarter, according to an announcement. The company says […]

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Acquisitions and outsourcing keep pharma R&D on track

Consolidation of drug pipelines through acquisitions remains a key component of pharmaceutical research and development. Such M&A activity continues to involve both intra-pharmaceutical deals and purchases of biotechs by big pharma, according to a report from market researcher CBR Pharma […]

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Ranks of e-prescribers jumped 105% in 2008

Prescriptions routed electronically more than doubled to 68 million in 2008, rising from 29 million in 2007. And the increased participation by payers in e-prescribing enabled access to prescription benefit and history information for 65% of patients in the U.S, […]

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