New Jersey Governor Chris Christie ’s proposal to cap school-superintendent salaries will affect many of the affluent suburban communities that helped the first-term Republican oust Democrat Jon Corzine last year.
Medco Health Solutions Inc. will block low-cost copies of Pfizer Inc.’s cholesterol drug Lipitor for some patients after the treatment loses patent protection this month, according to a memo to pharmacists.
Medco Health Solutions Inc., the drug-benefits manager seeking to merge with rival Express Scripts Inc., said third-quarter profit beat analysts’ estimates on greater use of generic drugs. The shares rose 11 percent.
Express Scripts Inc.’s takeover of Medco Health Solutions Inc. is offering the biggest potential windfall in North America even as traders are more confident than ever the acquisition will clear U.S. regulatory hurdles.