Express Scripts, the Good Guy on Drug Prices? Not Exactly
Express Scripts Holding Co. is trying to lay low as regulators scrutinize Cigna Inc.’s plan to purchase the company. The pharmacy benefit manager (PBM) last week proposed a radical pricing shift for a new set of migraine medicines. You’d think these moves might soften regulators’ stance as they ponder the potential impact on consumers of the company’s $54 billion takeover by Cigna. But Express Scripts’ efforts to play the good guy may end up being good for appearances only.