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Nationwide Coalition Responds to Express Scripts CEO Statement: "I Can't Stop Certain Pharmacies From Going Out of Business"
Date:12/8/2011

getting right now is really not why you're doing this deal, and you're not nearly as certain as some people might think that this deal will result in far more discounts from your suppliers.  There are other ways in which you hope this deal will pay off."  Paz responded, "That is correct."

Senator Richard Blumenthal of Connecticut also expressed concern stating, "The question is, how will consumers be protected from overreaching and excessive profits that are at the expense of competition?"  Later he continued, "I'm very concerned about this merger simply from the standpoint of its effect on competition."

Senator Al Franken of Minnesota, a state that has seen 12 communities lose their only outpatient pharmacy in recent years expressed his concerns about the proposed merger's potential impact on rural pharmacies and the elderly.  "When elderly patients have to drive many miles in the dead of winter, or have someone drive them to pick up their drugs, I worry," Franken said to Paz. "There are currently 141 rural communities in Minnesota that have only one pharmacy.  You think this merger will help keep the rural pharmacies in business?"

"Express Scripts CEO George Paz testified that, 'patients-not-profits must come first,' but the remainder of his testimony clearly demonstrated that this proposed merger would result in the elimination of jobs and limit access to pharmacies for some of the most vulnerable citizens in underserved communities throughout the country," said former Congresswoman Eva Clayton, chairman of the Preserve Community Pharmacy Access Now (PCPAN) coalition. "Particularly now, with an unemployment rate of nearly nine percent and no relief in sight, America can ill afford the loss of more jobs and access to pharmacy care that would result from the merger of these two behemoth middlemen."

Adding to the growing number of lawmakers on both sides of the aisle calling for the proposed merger to be sto
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SOURCE Preserve Community Pharmacy Access NOW! (PCPAN)
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