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In 2002, Merck & Co announced plans to spin off Merck-Medco. [9] In August 2003, Medco Health Solutions, Inc. became an independent company. [ 12 ] On August 28, 2005, Medco Health Solutions contributed $5,000 to the Southwestern Oklahoma State University College of Pharmacy Scholarship Fund.
The Cigna Group is an American multinational for-profit managed healthcare and insurance company based in Bloomfield, Connecticut. [2] [3] Its insurance subsidiaries are major providers of medical, dental, disability, life and accident insurance and related products and services, the majority of which are offered through employers and other groups (e.g., governmental and non-governmental ...
On March 7, 2018, it was announced that Cigna would buy Express Scripts in a $67 billion deal. [ 6 ] [ 7 ] The deal closed on December 20, 2018 at $54 billion, allowing Cigna to start offering new Express Scripts products to its corporate health insurance customers in 2019.
Cigna, however, on Sunday announced plans to do an additional $10 billion in share repurchases, br (Reuters) -U.S. health insurer Cigna has ended its attempt to negotiate an acquisition of rival ...
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In a move to free up a cash windfall and streamline the business, Merck & Co Inc (NYSE: MRK) had long planned to slice away its women’s health business into a standalone spinoff. As of Thursday ...
In 1998, Wentworth joined Merck - Medco as senior vice president, account management. [15] He was subsequently promoted to executive vice president account service and strategy as part of Medco's 2003 spin-off from Merck. [15] Wentworth was CEO and president of Accredo, Medco's specialty pharmacy. [10]
Megadeal, take two. In 2015, Cigna made a bid for Humana, which it ultimately lost to Aetna ().But the potential Aetna-Humana merger failed when federal judges intervened on the basis of antitrust ...