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FT CollectionsTech Exchange
Aidan Gomez: AI threat to human existence is ‘absurd’ distraction from real risks
...You can just express your preferences or, even better, the bot already knows your preferences because you told it six months ago when you booked your last trip to Hawaii....
June 16, 2023
LexWalgreen Co
Walgreens: new CEO may decide Boots was made for hawking Premium content
...It has built up a large pharmacy benefit management business and a leading health insurance division via acquisitions. Wentworth used to run pharmacy benefit manager (PBM) Express Scripts....
October 11, 2023
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
National Health Service
Staff shortages force UK doctors to pick which cancer patients to treat promptly
...The Royal College of Radiologists, along with professional bodies representing cancer physicians, nurses and pharmacists, have written to Steve Barclay, UK health secretary, to express “serious concerns...
May 20, 2023
Walgreens Boots Alliance Inc
Walgreens affiliate in $9bn deal for doctors’ group Summit Health
...The transaction, which includes debt, will combine VillageMD with the operator of CityMD, whose urgent care centres are located throughout the north-east US....
November 7, 2022
Brooke Masters
Businesses seize on cross selling to counter inflation’s bite
...Supermarkets and big-box stores have long hosted banks, pharmacies and cafés on their premises. Now they offer third-party goods through their websites....
June 1, 2022
Europe Express
Europe to crank up regulatory pressure on China Premium content
...Good morning and welcome to Europe Express, your daily guide to what matters in the EU and beyond....
May 3, 2021
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
Amazon.com
Amazon’s drugs unlikely to prove fatal to pharmacies, say experts
...With its discount card, Amazon offers prices from just one PBM: Evernorth's Express Scripts. GoodRx has a deal with Express Scripts, plus a dozen more....
November 23, 2020
LexHealthcare
US healthcare: unsafe Haven
...The ecommerce giant has launched online prescription service Amazon Pharmacy and a virtual primary care facility for employees....
January 5, 2021
HTSI
How did two Dutch twentysomethings become leading art-world disruptors?
...With this in mind, Avant Arte operates a system of pre-sales to its collector base and those who express early interest via email....
March 26, 2021
Personal & Household Goods
Beauty brands face backlash on race
...Brands jumped to express support for racial equality as Black Lives Matter gathered pace....
October 23, 2020
Richard Waters
How staff came to question Google culture
...The unfolding case has laid bare a new twist: the software previously used by workers to express themselves and organise in opposition to management has also empowered management to limit what workers are...
January 27, 2020
News in-depthThe Big Read
Can we ever trust Google with our health data?
...Ascension said the “groundbreaking work” will help improve care and that Google is not allowed to use the data for marketing or research purposes....
January 20, 2020
News in-depthUS & Canadian companies
Death of Texas teacher highlights true cost of US drugs
...“We support the patient always paying the lowest cost at the pharmacy counter,” says a spokesperson for the Pharmaceutical Care Management Association, the trade association for PBMs....
March 22, 2018
Amazon.com
Amazon expands healthcare services with Alexa deals
...Cigna, the US health insurer, Express Scripts, a pharmacy home delivery service, and US healthcare providers Swedish Health Connect and Atrium Health are among those launching what Amazon calls healthcare...
April 4, 2019
CVS Health Corp
CVS shares eye biggest drop since October on weak 2019 outlook
...Shares in insurer Cigna — which took a leaf from CVS’s playbook by last year acquiring pharmacy benefits manager Express Scripts for $67bn including debt — were down 1.5 per cent on Wednesday....
February 20, 2019
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Drug prices
Sanofi and Regeneron cut price of Praluent by 60%
...French drugmaker Sanofi and Regeneron had already cut the net price for a significant proportion of patients covered by Express Scripts, the largest standalone pharmacy benefit manager in the US....
February 11, 2019
Mergers & Acquisitions
Glenview backs Cigna-Express Scripts deal after Icahn blast
...Larry Robbins’s Glenview Capital Management hedge fund has come out in support of Cigna’s proposed acquisition of pharmacy benefits manager Express Scripts for more than $60bn, two days after Carl Icahn...
August 9, 2018
US & Canadian companies
Rite Aid shares and bonds tumble after takeover deal collapses
...Activist Carl Icahn is calling on shareholders in health insurer Cigna to vote against its plan to buy pharmacy benefit manager Express Scripts, calling it a “$60bn folly” with a “patently ridiculous” price...
August 9, 2018
Adventurous InvestorDavid Stevenson
Time to let investments in the pets sector off the leash
...This also opens up the market for direct-to-consumer propositions such as PetMed Express, the US’s largest pet pharmacy online and a core holding of many of the pet-obsessed funds in this space....
January 2, 2019
US & Canadian companies
Amazon shakes healthcare business with pharmacy deal
...CVS agreed to acquire health insurer Aetna for $69bn in December, and in March Cigna, a rival health insurer, agreed to pay $67bn for Express Scripts, a pharmacy benefits manager that also delivers medication...
June 28, 2018
News in-depthUS & Canadian companies
Cigna grabs vital scale with $67bn deal for Express Scripts
...Express Scripts was the last large independent pharmacy benefits manager, or PBM, which acts a middleman in negotiations between drugmakers and the payers — the employers, insurers, and government, which...
March 8, 2018
Brooke Masters
A frenzy of dealmaking in pharma points to cost pressure
...The latter trend is exemplified by this year’s second largest transaction, insurer Cigna’s March agreement, now valued at $70bn including debt, to buy Express Scripts, a pharmacy benefits manager....
April 25, 2018
Andrew Edgecliffe-Johnson
The GE-free Dow is the index our age deserves
...On Tuesday, its place in the index will be taken by Walgreens Boots Alliance, the pharmacy owner that straddles the Atlantic....
June 22, 2018
The Big ReadSarah Neville
Big pharma takes a gamble on NHS experiment
...As a result of devolution of powers from Westminster, it was given control in 2016 of its health and social care budgets....
August 28, 2018
David Crow
Trump is losing the war on drug prices
...Mr Azar favours a plan that would squeeze companies known as pharmacy benefit managers....
August 1, 2018

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