Wal-Mart price war aimed at PBMs
A US health economist has argued that the latest round of discount prescription drug prices (Marketletter May 12) recently announced by Wal-Mart, the largest retailer by sales, is part of a strategy to move into "the lucrative turf" of pharmacy benefit managers. Jane Sarasohn-Kahn, founder of a consultancy firm, THINK-Health, argues that the $10 for a 90-day supply of certain generic medicines "puts Wal-Mart firmly in the pharmacy benefits management segment vis-a-vis ExpressScripts, Medco and the [other] big PBM players."
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