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Nationwide Coalition Urges FTC to Take Notice of Growing Opposition to Mega-PBM Merger
Date:11/17/2011

WASHINGTON, Nov. 17, 2011 /PRNewswire/ -- The Preserve Community Pharmacy Access NOW! (PCPAN) coalition today urged the Federal Trade Commission (FTC) to heed the call of a growing number of Americans asking for increased scrutiny of the planned merger between Express Scripts Inc. and Medco Health Solutions Inc., two pharmacy benefit management (PBM) companies.  This comes as the FTC continues its review of the merger to determine whether the deal complies with anti-trust law.  

In the months since the merger was announced, questions have been raised by elected officials, attorneys general in dozens of states, pharmacy service providers, consumer advocates, patient groups and others about its impact on the industry and, ultimately, consumers.  Noteworthy opponents include a bipartisan group of 14 House Members that wrote to the FTC requesting, a "full and thorough investigation" of the merger and questioning whether  a combined entity would  raise prices and limit critical access to care, and a coalition of 25 state attorneys general who hope to increase pressure on the FTC to scrutinize the merger.  

Others who have spoken out against the merger include the Small Business Association, the Consumers Union, Consumer Federation of America, the National Consumers League, U.S. PIRG, the National Legislative Association on Prescription Drug Prices, the Utah Pharmacists Association, Pharmacists United for Truth and Transparency, the National Association of Chain Drug Stores, the National Community Pharmacists Association, Independent Specialty Pharmacy Coalition, the Food Marketing Institute, Center for American Progress Action Fund, numerous local community pharmacists and others.  

"There is a reason that this particular merger is the target of so much scrutiny," said former Congresswoman Eva M. Clayton, chairwoman of the Preserve Community Pharmacy Access NOW! (PCPAN) coalition
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SOURCE Preserve Community Pharmacy Access NOW! (PCPAN)
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