The day after U.S. drug agents showed up at Cardinal Health Inc.’s distribution center in central Florida, probing oxycodone sales, the company’s compliance chief sent a handwritten note to “Michele” -- Michele Leonhart the head of the Drug Enforcement Administration.
Express Scripts Inc., the largest U.S. pharmacy benefits manager, received regulatory approval for its $29.1 billion acquisition of Medco Health Solutions Inc., a deal that may drive down costs for the company and consumers.
Two pharmacy groups opposing Express Scripts Inc.’s proposed acquisition of Medco Health Solutions Inc. said they were asked by the U.S. Federal Trade Commission to suggest ways to revise the deal so it wouldn’t harm competition.
Walgreen Co. , the largest U.S. drug- store chain, is looking to sell its pharmacy-benefits management business and has hired an adviser to run an auction, said three people with knowledge of the matter.
Walgreen Co. and CVS Caremark Corp. , the largest U.S. drugstore chains, agreed to allow pharmacy- benefits customers to keep filling prescriptions at Walgreen’s locations, ending an 11-day dispute. Both stocks rose.