Cigna surges on $10 billion buyback after ending Humana merger talks
Cigna, while not naming smaller rival Humana, said it would consider only "bolt-on acquisitions" now that it's boosting its share-buyback plans by $10 billion.
Stay updated with breaking news from Express Scripts. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Cigna, while not naming smaller rival Humana, said it would consider only "bolt-on acquisitions" now that it's boosting its share-buyback plans by $10 billion.
News that The Cigna Group appears to have given up on the acquisition of Humana, CEO David Cordani said the company will instead “consider bolt-on acquisitions.”
Lack of consistent insight into PBM service fees puts drugmakers at a disadvantage when calculating prices.
CVS Pharmacy is revamping the way it reimburses its pharmacies for prescription medications. The company says it'll launch CVS CostVantage next year.
Mark Cuban's online pharmacy is leading the charge to make drug pricing more transparent in the US, and Express Scripts and CVS are following step.