St. Louis, MO – St. Louis-based prescription benefits manager Express Scripts says it will spend nearly $4.7 billion to buy out the pharmaceutical benefit subsidiaries of a major health insurance company.
Express Scripts is using a mix of cash and stock to buy NextRX - the pharmacy benefits subsidiaries of health insurance giant WellPoint. The agreement also includes a 10-year contract for Express Scripts to manage WellPoint's drug benefits.
Jefferson City, Mo. – Charges have been dropped against two lawmakers accused of presenting false identification at a Boonville casino.
Sen. Jeff Smith, of St. Louis, and Rep. Joe Aull, of Marshall, both Democrats, were charged in 2007 with misdemeanors after Aull let Smith use his casino-issued identification card to enter the Isle of Capri Casino.
The Cooper County court clerk's office said the case was closed two weeks ago. Smith said Monday that the charges against him have been dropped.
Jefferson City, MO – Lawmakers have left Jefferson City for their annual Easter break.
This year's holiday arrives at the end of a very contentious week in the Missouri Senate, where two bills, one on tax credits and the other on power plant construction, have sparked shouting matches, criminal accusations, and marathon sessions lasting into the early morning hours.
Pfizer, the world's largest pharmaceutical company, opened a new 330,000 square foot research building in the St. Louis suburb of Chesterfield Thursday. Construction on the $200 million facility began in 2005. Its completion means the company's 1,200 St. Louis employees will be in one location instead of on four campuses.
Don Frail is Pfizer's St. Louis site director. He says about 250 Pfizer researchers will move into the building during April and May.