Navigation Links
Notice of Redemption and Withdrawal of Class of Securities from Listing on the NYSE

ST. LOUIS, April 6, 2012 /PRNewswire/ -- On April 6, 2012, Medco Health Solutions, Inc., a wholly owned subsidiary of Express Scripts Holding Company (NASDAQ: ESRX), issued a notice of redemption to the holders of its 7.25% Senior Notes due August 15, 2013 (Cusip No. 58405UAC6) (the "Notes"), which were issued under the Indenture, dated as of August 12, 2003, between Medco and U.S. Bank Trust National Association, as trustee.  As indicated in the notice of redemption, Medco intends to redeem the Notes, pursuant to the optional redemption provisions of the Indenture, on May 7, 2012.  The redemption of the Notes, which is expected to be financed by Express Scripts, primarily from cash on hand, is consistent with Express Scripts' previously announced plans to de-lever following the completion of the Medco acquisition. 

On April 6, 2012, Medco notified the NYSE of its intention to withdraw the Notes from listing on the NYSE.  Such withdrawal is being effected in connection with the redemption of the Notes discussed above.  In accordance with applicable U.S. securities laws, Medco intends to file a Form 25 with the U.S. Securities and Exchange Commission to notify the Commission of its withdrawal of the Notes from listing on the NYSE and its intention to withdraw the Notes from registration under Section 12(b) of the U.S. Securities Exchange Act of 1934, as amended.  Medco has not arranged for listing and/or registration of the Notes on another national securities exchange or for quotation of the Notes in a quotation medium.

About Express Scripts
Express Scripts is leading the way toward creating better health and value for patients through Consumerology®, the advanced application of the behavioral sciences to healthcare. This approach is helping millions of members realize greater healthcare outcomes and lowering cost by assisting in influencing their behavior.

Headquartered in St. Louis, Express Scripts provides integrated pharmacy benefit management services including network-pharmacy claims processing, home delivery services, specialty benefit management, benefit-design consultation, drug-utilization review, formulary management, and medical and drug data analysis services. The company also distributes a full range of biopharmaceutical products and provides extensive cost-management and patient-care services.

More information can be found at


Cautionary Note Regarding Forward-Looking Statements

This material may include forward-looking statements, both with respect to us and our industry, that reflect our current views with respect to future events and financial performance. Statements that include the words "expect," "intend," "plan," "believe," "project," "anticipate," "will," "may," "would" and similar statements of a future or forward-looking nature may be used to identify forward-looking statements. All forward-looking statements address matters that involve risks and uncertainties, many of which are beyond our control. Accordingly, there are or will be important factors that could cause actual results to differ materially from those indicated in such statements and, therefore, you should not place undue reliance on any such statements.  We believe that these factors include, but are not limited to, the following:


  • our ability to remain profitable in a very competitive marketplace is dependent upon our ability to attract and  retain clients while maintaining our margins, to differentiate our products and services from others in the marketplace, and to develop and cross sell new products and services to our existing clients
  • our failure to anticipate and appropriately adapt to changes in the rapidly changing healthcare industry
  • changes in applicable laws or regulations, or their interpretation or enforcement, or the enactment of new laws or regulations, which apply to our business practices (past, present or future) or require us to spend significant resources in order to comply
  • changes to the healthcare industry designed to manage healthcare costs or alter healthcare financing practices
  • the termination, or an unfavorable modification, of our relationship with one or more key pharmacy providers, or significant changes within the pharmacy provider marketplace
  • our failure to execute on, or other issues arising under, certain key client contracts
  • changes relating to our participation in Medicare Part D, the loss of Medicare Part D eligible members, or our failure to otherwise execute on our strategies related to Medicare Part D
  • our failure to effectively execute on strategic transactions, or to integrate or achieve anticipated benefits from any acquired businesses
  • the impact of our debt service obligations on the availability of funds for other business purposes, and the terms and our required compliance with covenants relating to our indebtedness
  • a failure in the security or stability of our technology infrastructure, or the infrastructure of one or more of our key vendors, or a significant failure or disruption in service within our operations or the operations of such vendors
  • the termination, or an unfavorable modification, of our relationship with one or more key pharmaceutical manufacturers, or the significant reduction in payments made or discounts provided by pharmaceutical manufacturers
  • changes in industry pricing benchmarks
  • results in pending and future litigation or other proceedings which would subject us to significant monetary damages or penalties and/or require us to change our business practices, or the costs incurred in connection with such proceedings or could impair our ability to fully integrate acquired businesses
  • our failure to attract and retain talented employees, or to manage succession and retention for our Chief Executive Officer or other key executives
  • other risks described from time to time in our filings with the SEC


SOURCE Express Scripts
Copyright©2010 PR Newswire.
All rights reserved

Related biology technology :

1. Arcion Receives Notice of Allowance for US Patent for Novel Topical Lidocaine Formulation for Pain
2. iBio, Inc. Receives Notice from NYSE Amex Staff that Company Currently is Below Certain Continued Listing Standards
3. Vermillion Receives Notice of Allowance for 5th Biomarker Patent Related to Peripheral Artery Disease
4. Epitomics, Inc. Receives Notice of Allowance from the United States Patent and Trademark Office for a Novel Method for Identifying Differentially Expressed Proteins
5. Neuralstem Receives Notice of Patent Allowance for Spinal Cord Delivery Platform
6. Kylin Therapeutics Receives Notice of Allowance for Second U.S. Patent Covering Delivery of Therapeutic RNA and pRNAi Technology
7. Cenestra Health Issued Notice of Allowance: Expands Patent Range of High-Purity Omega-3 Fatty Acid Formulations
8. Vermillion Announces Notice of Allowance for Peripheral Artery Disease (PAD) Patent
9. Neurocrine Biosciences Announces Notice of Allowance for Composition of Matter Patent on VMAT2 Inhibitor
10. Vermillion Announces Notice of Allowance for Alzheimer Patent
11. Vermillion Announces Notice of Allowance of Patent for Breast Cancer Biomarkers
Post Your Comments:
(Date:12/1/2015)... DIEGO , December 1, 2015 Dr. Harry Lander ... serving as Chief Science Officer and recruits ... Dr. Harry Lander , President of Regen, expands his role to ... and recruits five distinguished scientists to join ... Regen, expands his role to include serving ...
(Date:12/1/2015)... ... ... Matthew “Tex” VerMilyea, PhD, HCLD, has joined Texas Fertility Center as its ... procedures as well as continue his research efforts into the emerging technologies of embryo ... Zealand to bring home a High Complexity Clinical Laboratory Director named Tex,” says ...
(Date:11/30/2015)... ... November 30, 2015 , ... ... physicians, aesthetic practitioners and aesthetics professionals from Central America and abroad for the ... in Panama City, Panama Feb. 17-19, 2016. Testart will present and discuss new ...
(Date:11/30/2015)... ... 2015 , ... Global Stem Cells Group today ... Santiago Marriott. The Global Stem Cells Group GMP facility is equipped with the ... medical researchers and practitioners, experienced in administering stem cell protocols using highly manipulated ...
Breaking Biology Technology:
(Date:11/16/2015)... , Nov 16, 2015  Synaptics Inc. (NASDAQ: ... interface solutions, today announced expansion of its TDDI ... touch controller and display driver integration (TDDI) ... smartphones. These new TDDI products add to the ... resolution), TD4302 (WQHD resolution), and TD4322 (FHD resolution) ...
(Date:11/12/2015)... Mass. , Nov. 12, 2015  Arxspan ... Institute of MIT and Harvard for use of ... discovery information management tools. The partnership will support ... both biological and chemical research information internally and ... will be used for managing the Institute,s electronic ...
(Date:11/11/2015)... 2015   MedNet Solutions , an innovative SaaS-based eClinical ... is pleased to announce that it will be a Sponsor ... event, to be held November 17-19 in Hamburg ... demonstrations of iMedNet , MedNet,s easy-to-use, proven ... has been able to deliver time and cost savings ...
Breaking Biology News(10 mins):