AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.

Decision On Lipitor Sets Express Scripts Apart From Its Field; Will Other PBMs Follow Suit?; It takes Lipitor off preferred list in order to push clients toward the generic Zocor.(HEALTH & MEDICINE)

Investor's Business Daily

| November 07, 2005 | COPYRIGHT 2003 Investor's Business Daily, Inc. (Hide copyright information)Copyright

Byline: GLORIA LAU

When a leading pharmacy benefits manager takes the world's top-selling drug off its preferred list of medicines, it's pretty big news.

Such was the case last month, when Express Scripts said it would remove cholesterol-buster Lipitor from the list of preferred drugs it promotes to clients. To date, it's the only pharmacy benefits manager to do so.

Lipitor accounted for $11 billion of Pfizer's $53 billion in 2004 sales. Industry watchers are waiting to see if Pfizer will lash out financially and try to punish Express Scripts for its decision.

Express Scripts' reason for removing Lipitor is simple: Zocor, a rival statin made by Merck, will lose patent protection in the middle of next year. …

Related articles from newspapers, magazines, journals, and more
Toan's salary jumps 74%; Forbes says it's still not enough.(salary of Express...
Magazine article from: St. Louis Business Journal Manning, Margie May 17, 1999 700+ words
Toan collects $446,000 in '91 working 2 jobs. (Barrett Toan, chief executive...
Magazine article from: St. Louis Business Journal Miller, Patricia May 4, 1992 700+ words
Express Scripts has prescription for the Internet.
Magazine article from: St. Louis Business Journal Holyoke, Larry July 5, 1999 700+ words
EXPRESS SCRIPTS INC. Maryland Heights, Missouri Deal Helps Firm Slow Runaway...
Magazine article from: Investor's Business Daily May 10, 2002 700+ words
New Law Creates Odd Union Of Old Rivals; Drug Stores, PBM Hook Up; Analysts...
Magazine article from: Investor's Business Daily January 26, 2004 700+ words
©2013 Gale, a part of Cengage Learning. All rights reserved. Contact us | Privacy policy | Terms and conditions

The AccessMyLibrary advertising network includes: womensforum.com GlamFamily