Express Scripts sues FTC over defamatory 2024 report on PBMs increasing drug costs.

Express Scripts, a pharmacy benefit manager owned by Cigna Corp., has sued the Federal Trade Commission (FTC) over its July 2024 report that claims PBMs increase drug costs. The lawsuit, filed in Missouri, alleges the report is defamatory and overlooks the benefits PBMs provide. Express Scripts argues that drug prices are set by manufacturers, not PBMs, and seeks to have the report retracted, warning it could harm the healthcare system and raise prices for consumers.

September 17, 2024
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