Tag Archives: esrx

Horizon Pharma Drugs Ditched By Pharmacies; Stock Falls

Shares of specialty drugmaker Horizon Pharma (HZNP) were down 30% on the stock market today after two major pharmacy benefit managers removed its drugs from their formularies. Horizon disclosed in an SEC filing that Express Scripts (ESRX) and Caremark, CVS’ (CVS) PBM division, are removing its drugs Duexis and Vimovo from their formularies as of August and will place the drugs on their exclusion lists at the start of next year. Horizon said this

Video: Horizon Pharma Drugs Dumped By Pharmacies

Shares of specialty drugmaker Horizon Pharma (HZNP) were down 30% on the stock market today after two major pharmacy benefit managers removed its drugs from their formularies. Horizon disclosed in an SEC filing that Express Scripts (ESRX) and Caremark, CVS’ (CVS) PBM division, are removing its drugs Duexis and Vimovo from their formularies as of August and will place the drugs on their exclusion lists at the start of next year. Horizon said this

Gilead HCV Drug May Face Price War; Rival AbbVie Up

Gilead Sciences’ (GILD) newly approved hepatitis C drug Sovaldi came under fire for its price from pharmacy benefit manager Express Scripts (ESRX) Tuesday, as rival AbbVie (ABBV) reported good data for its competing drug candidate. Gilead’s stock dropped while AbbVie’s rose on the stock market today. Bloomberg reporter Drew Armstrong said on Twitter that Express Scripts’ chief medical officer, Steve Miller, told him that the convenience of