2013年1月6日星期日

Big Events Happened In April



The Express Scripts had an acquisition of the Medco Health Solutions. The Express Scripts for the nation's largest pharmacy benefit management company has an acquisition of the Medco Health Solutions for about $ 29.1 billion and become the nation's largest pharmacy benefit management company after the merger. The two companies could save consumers up to 10 million worth of drugs expenditure. Comment: The Express Scripts in the United States are increasingly concerned about the cost-effectiveness. The Express Scripts controls nearly 1/3 prescriptions of the U.S. And this does good for the prescription drug business to conducive to the company's negotiations with drug manufacturers to secure more discounts. Right now, the Obama administration is committed to reducing the costs of health care, and make it as part of its plans to expand the coverage of medical insurance. In this context, in 2012, the pharmacy benefit management industry make a large-scale consolidation, through mergers and other means to improve competitiveness. On the other hand, the economic recession forces customers of the pharmacy benefit management agencies to scramble to find savings in the healthcare process, thus contributing to the rise of the mergers and acquisitions of the U.S. pharmacy benefit management industry. This kind of merges and acquisitions is a normal phenomenon in the market. It is some kind of the circle of glory and decay, which happens everyday. We can heard from the media that a big company has a bankrupt and be merged by the other firm of the same industry. That is the M&A.

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