Express Scripts

Health Economy
3:50 pm
Wed November 5, 2014

Express Scripts To Lay Off 400 People System-Wide, 90 In St. Louis

An Express Scripts processing center.
Credit Rachel Lippmann/St. Louis Public Radio

Just months after unveiling a multi-million dollar expansion of its headquarters in north St. Louis county, Express Scripts has announced it will lay off 400 people at multiple facilities around the country. That includes 90 people in St. Louis.

The layoffs are in addition to 1,890 jobs that were cut system-wide in May.

“These are difficult but necessary decisions we have to make in order to position our company for success, future growth and continued service excellence to clients and members,” spokesperson Brian Henry said in an email.

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Express Scripts
5:17 pm
Mon July 28, 2014

Express Scripts Expansion Marks The Latest Sign Of Growth For St. Louis Company

Express Scripts CEO George Paz speaks at his company's celebration of its $56 million expansion.
Credit Jason Rosenbaum, St. Louis Public Radio

      

Express Scripts celebrated the latest expansion to its north St. Louis County campus on Monday, another sign of growth for one of the nation’s biggest corporations.

The $56 million expansion includes an addition to its research lab and a new administrative office building. The project – which received millions of dollars worth of state and local tax breaks -- is expected to bring 1,500 jobs to the region within the next few years.

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Economy
4:37 pm
Tue August 20, 2013

Express Scripts Set To Expand Following Millions In Tax Breaks

Current Express Scripts headquarters in St. Louis.
(Rachel Lippmann/St. Louis Public Radio)

Missouri approved $6.8 million in tax incentives Tuesday for St. Louis-based Express Scripts to expand.

The pharmaceutical benefits company is set to add 1,500 jobs, and plans to spend the next year constructing a 220,000 square foot building in North St. Louis County.

“Incentives are an option that are on the table for businesses," Express Scripts spokesperson Brian Henry said. "And we evaluate those as we consider our expansion. So for us, incentives are a way for us to drive the business and continue to drive what we do for business and clients.”

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Business
10:10 am
Tue March 5, 2013

Express Scripts Reporting U.S. Spending Less On Traditional Drugs

Credit (Rachel Lippmann/St. Louis Public Radio)

Citing data released by Express Scripts Holding Co., the St. Louis Post-Dispatch is reporting that for the first time in more than 20 years, there was a decrease last year in U.S. spending on traditional prescription drugs.

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Express Scripts / Walgreens
9:05 am
Thu July 19, 2012

New deal allows Express Scripts customers to head back to Walgreens in Sept.

The deadline for pharmacy benefits manager Express Scripts and Walgreens to reach a deal is fast approaching.
Flickr/Stephen Cummings

Pharmacy chain Walgreens says it will begin filling prescriptions from customers in the Express Scripts network starting in September under a new multiyear contract between the companies.

Walgreen had stopped filling prescriptions for Express Scripts after a contract between the companies ended last year.

Shares of Walgreen Co. jumped 14 percent in premarket trading while Express Scripts shares rose 3 percent.

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Fortune 500 St. Louis companies
1:15 pm
Mon May 7, 2012

St. Louis lands nine on new Fortune 500 list

Express Scripts headquarters in St. Louis.
(Rachel Lippmann/St. Louis Public Radio)

The new Fortune 500 list has been released. Fortune Magazine has released its annual ranking of the top U.S. companies by revenue Monday.

Last year, St. Louis had ten companies on the list. It’s down to nine this year, as Smurfit Stone Container dropped off because it was purchased by Rock-Tenn in 2011. The companies are:

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Business/Express Scripts merger
11:56 am
Mon April 2, 2012

Express Scripts-Medco merger approved

The Federal Trade Commission has approved a $29.1 billion merger between Express Scripts and Medco, which is based in New Jersey. The new company will be headquartered in St. Louis.
(Rachel Lippmann/St. Louis Public Radio)

Updated at 4:26 p.m. to correct name of Jennifer Mallon's association. It is the National Community Pharmacists Association, not the National Association of Community Pharmacies.

Federal regulators have approved the $29.1 billion merger between pharmacy benefit managers Express Scripts and Medco.

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Morning round-up
9:33 am
Mon April 2, 2012

Morning headlines: Monday, April 2, 2012

A bus sits on a ledge after a storm did major damage to Lambert-St. Louis International Airport in St. Louis on April 22, 2011.
UPI/KMOX

Lambert Concourse reopens today

City officials are celebrating the reopening of the C Concourse at Lambert St. Louis International Airport today.

The concourse has been closed since April 22 of last year when a tornado hit causing significant damage.

The concourse is new and improved according to director Rhonda Hamm-Niebruegge with brighter ceilings, new lighting and new restrooms among the improvements. Hamm-Niebruegge recalls the evening the tornado hit.

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Pharmacy Benefits
7:24 am
Mon December 26, 2011

Deadline for Express Scripts and Walgreens deal fast approaching

The deadline for pharmacy benefits manager Express Scripts and Walgreens to reach a deal is fast approaching.
Flickr/Stephen Cummings

If the two companies cannot agree on reimbursement rates for drugs by the end of the year, those who carry Express Scripts will not be able to get their prescriptions filled at Walgreens.

With more than 7,700 drug stores nation-wide Walgreens spokesman Michael Polzin says it could be a hardship for some customers.

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Express Scripts / Walgreen Co.
9:26 am
Thu September 15, 2011

Express Scripts sues Walgreen in contract dispute

The interior of Express Scripts in St. Louis. Express Scripts has filed a lawsuit against Walgreen Co.
(Rachel Lippmann/St. Louis Public Radio)

St. Louis-based pharmacy benefits manager Express Scripts Inc. said Wednesday that it is suing Walgreen Co., arguing the drugstore chain is trying to lure away its customers.

The lawsuit alleges that Walgreen is telling Express Scripts plan members, and especially Medicare Part D beneficiaries, that they will not be able to fill their prescriptions at Walgreen pharmacies unless they leave Express Scripts and switch to a new pharmacy benefits management plan. Express Scripts said this violates the contract between the two companies.

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