- Reports: ESI may start 'price war' over new hepatitis C drugs
- Report: Specialty pharmacy to account for half of all prescription revenue by 2018
- Walgreens expanding scope of retail pharmacy experience and services heading into fiscal 2014
- Drug Channels: Express Scripts, CVS Caremark and Walgreens top players in specialty pharmacy
- Walgreens firing on all cylinders as chain realizes a total comp sales increase of 5.4% for its first quarter
WASHINGTON — One day after the National Association of Chain Drug Stores launched a radio ad in the Washington, D.C., market that warned of the potential consequences of the merger between pharmacy benefit managers Express Scripts and Medco, the PBMs have debuted their own ad, which seeks to highlight the benefits of the deal.
The ad, which will be displayed across several publications Tuesday and Wednesday, including Roll Call, CQ, Politico and others, said the deal will drive out wasteful spending, lower costs for consumers, improve health outcomes and increase safety and affordability. "At no time in the history of American healthcare has there been a greater need for innovation," the ad reads. "By working together, Express Scripts and Medco can accelerate their unique abilities to improve patient care. Moving forward as one company, we’ll continue doing what’s right for America."
A congressional hearing pertaining to the merger is expected to be held this week. Earlier this month, the Federal Trade Commission requested additional information on the merger via a "second request."