Navigation Links
Express Scripts Reports Strong Second Quarter Earnings
Date:7/29/2009

ST. LOUIS, July 29 /PRNewswire-FirstCall/ -- Express Scripts, Inc. (Nasdaq: ESRX) announced second quarter net income from continuing operations of $192.0 million, or $0.74 per diluted share. Excluding non-recurring items in the quarter, primarily related to the previously announced acquisition of WellPoint's pharmacy benefit management business ("NextRx"), earnings per diluted share was $0.88, up 16% from $0.76 for the same period last year. These earnings for the quarter include $0.05 per share of dilution related to the pre-close debt and equity issuances which were completed on June 9 and 10, 2009, respectively.

"The continued execution of our business model, which aligns our interests with those of plan sponsors and patients, again resulted in savings for our clients and members and a strong quarter for our shareholders," stated George Paz, president, chief executive officer and chairman.

"We have made significant progress during the quarter toward closing the NextRx transaction by clearing regulatory hurdles and securing favorable financing. We look forward to completing the acquisition in the fourth quarter and commencing our alliance with WellPoint, where together we plan to tackle the nation's priority to improve health outcomes and reduce waste," stated Paz.

Second Quarter 2009 Highlights (2009 data reflected on an adjusted basis. See Table 2)

  • Gross profit increased 18% from 2008.
  • EBITDA per adjusted claim was $3.20, an increase of 20% from the prior year.
  • In June, the Company raised $4.1 billion of cash to pre-fund the NextRx acquisition (26.5 million new shares and $2.5 billion of new public debt).

2009 Guidance

The Company previously provided
'/>"/>

SOURCE Express Scripts, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14

Related medicine news :

1. Great Expressions Dental Centers, Inc. Acquires Willow Creek Dental Care in Canton, MI
2. Expressing Growing Concern, THCA Urges Texas Congressional Delegation to Protect Seniors Medicare-Funded Nursing Home Care as Health Reform Debate Proceeds
3. Employers Express Doubts About Employer Mandate and Government-Sponsored Public Plan, Says Aon Consulting Survey
4. Great Expressions Dental Centers, Inc. Offers Free Membership and Up to 35% Off Dental Care With the Great Expressions Smile Protection Program
5. STD Test Express Offers Free Doctor Consultations With Every STD Test
6. Express Scripts Announces Second Quarter 2009 Earnings Conference Call
7. Unspoken memories of Holocaust survivors find silent and nonpathological expression
8. Mapping gene expression with Gene Expression Atlas
9. War and Musculoskeletal Injury Prompt Artistic Expression
10. Express Scripts Launches Senior Notes Offering to Finance Acquisition
11. Express Scripts Launches Equity Offering to Finance Acquisition
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/3/2015)... In March, 1% for the Planet , one ... new campaign, “Know Your Source,” which calls for consumers to ... their quest for ingredient awareness and better business practices. 1% ... and partners, including King Arthur Flour, Good Culture, Farm Aid, ... for food as an environmental issue, with a focus on ...
(Date:3/3/2015)... US Air Purifiers LLC , an ... is pleased to announce that all Rabbit brand air purifiers ... to the west coast port strikes. This news comes just ... , The port strikes, which have caused ... quarter economic growth by as much as 1%, have hindered ...
(Date:3/3/2015)... Topical BioMedics, Inc., announces its March Pain Management Workshop will ... 10th, 12pm – 1pm and 4pm to 5pm. Afterward, ... , The Pain Management Workshops are free and open ... is “Opioid Addiction: An Over-Medicated Society.” It’s a ... the world’s population, yet consumers 99% of the world’s Vicodin ...
(Date:3/3/2015)... March 03, 2015 The combinatorial, ... predict antidepressant treatment outcomes for patients with depression, ... any of the individual genes that comprise the ... from the Mayo Clinic and Assurex Health, and ... , The proprietary technology of the GeneSight Psychotropic ...
(Date:3/3/2015)... — (PRWEB) March 03, 2015 -- vRad ... and radiology practice, today announced that Arlene Sussman, MD, ... will host a live webinar to explore how telemedicine ... specialized breast imaging services for women virtually anywhere. Click ... Breast Imaging Service Line” on March 4, 2015 at ...
Breaking Medicine News(10 mins):Health News:1% For the Planet Asks Consumers to “Know Your Source” 2Health News:Rabbit Air Purifiers Back In Stock at US Air Purifiers LLC 2Health News:Rabbit Air Purifiers Back In Stock at US Air Purifiers LLC 3Health News:Topical BioMedics Hosts March Pain Management Webinar 2Health News:Topical BioMedics Hosts March Pain Management Webinar 3Health News:Topical BioMedics Hosts March Pain Management Webinar 4Health News:Topical BioMedics Hosts March Pain Management Webinar 5Health News:GeneSight Multi-Gene Combinatorial Pharmacogenomic (CPGx™) Test is More Predictive of Antidepressant Response than Single Gene Tests 2Health News:GeneSight Multi-Gene Combinatorial Pharmacogenomic (CPGx™) Test is More Predictive of Antidepressant Response than Single Gene Tests 3Health News:GeneSight Multi-Gene Combinatorial Pharmacogenomic (CPGx™) Test is More Predictive of Antidepressant Response than Single Gene Tests 4Health News:GeneSight Multi-Gene Combinatorial Pharmacogenomic (CPGx™) Test is More Predictive of Antidepressant Response than Single Gene Tests 5Health News:GeneSight Multi-Gene Combinatorial Pharmacogenomic (CPGx™) Test is More Predictive of Antidepressant Response than Single Gene Tests 6Health News:Latest vRad Webinar: Building World-Class Breast Imaging Services Virtually Anywhere with Telemedicine Best Practices 2Health News:Latest vRad Webinar: Building World-Class Breast Imaging Services Virtually Anywhere with Telemedicine Best Practices 3Health News:Latest vRad Webinar: Building World-Class Breast Imaging Services Virtually Anywhere with Telemedicine Best Practices 4
... -- Children who live in stress-filled homes experience more ... environments, a new study finds. Researchers looked at ... 1,400 children, aged 10 to 12, in California. There ... and lung function levels in the children. ...
... Center have found four new genetic variants in the ... of systemic lupus erythemathosus ("lupus") in African American women. ... Genetics , is believed to be the first to ... MHC region and risk of lupus in African American ...
... HealthDay Reporter , THURSDAY, June 23 (HealthDay News) -- The ... dressing appeal to many, but new evidence indicates that some ... and that those who can,t may end up eating more ... at the 2011 Institute of Food Technologists annual meeting this ...
... advertising and lowered the sale price of menthol cigarettes ... of African-American students, according to a new study from ... have denied using race or ethnicity to target customers, ... shows a "predatory" marketing pattern geared to luring young ...
... (Boston MA) A group of 26 of the nation,s ... called for sweeping changes in the design, supervision and financing ... serious, preventable medical errors, and end dangerously long work ... recommendations published in the June 24 issue of the online ...
... team led by Johns Hopkins researchers has found that a ... with abnormally dense blood vessel growth in the skin lining ... of Familial Cancer , could lead to a quick ... DNA tests and colonoscopies, and sometimes goes unnoticed until cancer ...
Cached Medicine News:Health News:Stress May Worsen Lung Function in Kids Breathing Dirty Air 2Health News:New genetic risk factors of lupus found in study of African-American women 2Health News:Poor 'Fat-Tasters' May Tend to Be Heavier 2Health News:Poor 'Fat-Tasters' May Tend to Be Heavier 3Health News:Menthol cigarettes marketed in 'predatory' pattern, Stanford study shows 2Health News:Menthol cigarettes marketed in 'predatory' pattern, Stanford study shows 3Health News:Experts seek reforms to prevent errors from medical resident fatigue, lack of supervision 2Health News:Experts seek reforms to prevent errors from medical resident fatigue, lack of supervision 3Health News:Experts seek reforms to prevent errors from medical resident fatigue, lack of supervision 4Health News:Hereditary colon cancer syndrome marked by abnormally dense blood vessel growth in mouth 2Health News:Hereditary colon cancer syndrome marked by abnormally dense blood vessel growth in mouth 3
(Date:3/3/2015)... --Research and Markets ( http://www.researchandmarkets.com/research/x5lz9r/global_poc ) has ... Market 2015-2019" report to their offering. , ... market to grow at a CAGR of 8.47 percent ... are IVD devices and tools used for diagnosing diseases ... of these devices helps in the rapid diagnosis of ...
(Date:3/3/2015)... 3, 2015 Konica Minolta Medical Imaging and ... today a new, integrated portable X-ray solution, the MobileArt ... available with a larger integrated console, and a 17" ... a larger viewing area to simplify operation and enhance ... for accessories and storage, along with a detector slot ...
(Date:3/3/2015)... 3, 2015  Columbia Laboratories, Inc. (Nasdaq: ... Company"), a specialty pharmaceutical company focused on pharmaceuticals for ... the 27th Annual ROTH Conference, which will take place ... Dana Point, California . Management,s presentation ... a.m. Pacific Time (12:00 p.m. Eastern Time) in the ...
Breaking Medicine Technology:Global POC Diagnostics Market 2015-2019 with Abbott Labs, Alere, Bayer Healthcare, Danaher, F. Hoffmann-La Roche & Johnson & Johnson Dominating 2Konica Minolta Medical Imaging and Shimadzu Medical Systems USA Introduce MobileArt Evolution EFX AeroDR-i with 17" Touch Monitor to Simplify Operation 2Konica Minolta Medical Imaging and Shimadzu Medical Systems USA Introduce MobileArt Evolution EFX AeroDR-i with 17" Touch Monitor to Simplify Operation 3
... June 15, 2007 /PRNewswire/ -- Results of ... trial, the first multinational Phase III study ... Actemra (either 4mg/kg,or 8mg/kg) plus methotrexate achieved ... signs and symptoms of moderate to,severe rheumatoid ...
... the European League Against Rheumatism,(EULAR) Congress Demonstrates ... Rheumatoid Arthritis, LONDON, England; PHILADELPHIA, Pennsylvania and ... and Genmab A/S (CSE: GEN) announced today ... to be presented at EULAR,2007, the Annual ...
Cached Medicine Technology:Actemra (tocilizumab) Significantly Improves Symptoms of Rheumatoid,Arthritis Compared to a Current Standard of Care 2Actemra (tocilizumab) Significantly Improves Symptoms of Rheumatoid,Arthritis Compared to a Current Standard of Care 3Actemra (tocilizumab) Significantly Improves Symptoms of Rheumatoid,Arthritis Compared to a Current Standard of Care 4Actemra (tocilizumab) Significantly Improves Symptoms of Rheumatoid,Arthritis Compared to a Current Standard of Care 5GlaxoSmithKline and Genmab Present Positive Phase II Results With,ofatumumab in Patients With Rheumatoid Arthritis (RA) 2GlaxoSmithKline and Genmab Present Positive Phase II Results With,ofatumumab in Patients With Rheumatoid Arthritis (RA) 3GlaxoSmithKline and Genmab Present Positive Phase II Results With,ofatumumab in Patients With Rheumatoid Arthritis (RA) 4GlaxoSmithKline and Genmab Present Positive Phase II Results With,ofatumumab in Patients With Rheumatoid Arthritis (RA) 5
... Oximeter with SAC (Serial Autocorrelation) Technology uses ... extract SpO 2 , pulse strength, and ... This cost-effective compact monitor incorporates clinical, ... features, and a data log or trend ...
... Portable pulse oximetry monitoring system compatible ... printers. Extremely rugged and cost-effective.The ... and reliably delivers pulse oximetry wherever ... offices, outpatient clinics and hospitals. In ...
... a Pulse Oximeter and Sensor in one unit ... and pulse strength measurements on patients from pediatric ... LED display, one button keypad and auto power ... makes it ideal for emergency, hospital or clinical ...
... you want: ,Four probe choices, single degree control ... probe in the industry, gives you the power ... to. From full sulcus-to-sulcus measurements to detailed ... the clarity of images and resolution you demand., ...
Medicine Products: