Judge Declines to Stop Express Scripts-Medco Merger

Article

A federal judge declined to issue a preliminary injunction against the integration of Express Scripts and Medco following their merger earlier this month.

A federal judge declined to issue a preliminary injunction against the integration of Express Scripts and Medco following their merger earlier this month.

A federal judge has decided not to halt the merger of Express Scripts Inc and Medco Health Solutions for the time being, according to a Reuters report.

US District Judge Cathy Bissoon in Pittsburgh rejected a request from plaintiffs in an ongoing lawsuit against the merger that she issue a preliminary injunction that would have forced Express Scripts to stop the process of integrating Medco into its operations. She added that she would decide whether to issue a permanent injunction against the merger only after considering a request from Express Scripts to dismiss the suit outright.

The lawsuit against the merger was filed by the National Association of Chain Drug Stores (NACDS), the National Community Pharmacists Association (NCPA), and 9 retail pharmacy companies on March 29, 2012, just 4 days before the merger was completed after being unconditionally approved by the Federal Trade Commission. The plaintiffs argue that the merger will reduce patient access to community pharmacies and reduce competition for a number of services provided by pharmacy benefit managers.

In arguments earlier this month, a lawyer for Express Scripts said that the company had spent more than $230 million on integrating Medco and that disrupting the merger process would greatly injure the company.

Here is a sampling of our previous coverage of the Express Scripts-Medco merger:

FTC Approves Express Scripts-Medco Merger

Lawsuit Could Delay Express Scripts-Medco Merger

Representatives Make One Final Attempt to Block Express Scripts-Medco Merger

NCPA, NACDS Voice Concerns over Proposed Express Scripts-Medco Merger

Express Script-Medco Merger: The Beginning of the End?

Congressional Concerns Over Express Scripts-Medco Merger Continue to Grow

Related Videos
Image credit: Azee/peopleimages.com | stock.adobe.com
Pharmacy, medicine and senior woman consulting pharmacist on prescription. Healthcare, shopping and elderly female in consultation with medical worker for medication box, pills or product in store- Image credit: C Daniels/peopleimages.com | stock.adobe.com
Laboratory test tubes and solution with stethoscope background | Image Credit: Shutter2U - stock.adobe.com
Image credit: Andrea Izzotti
Inflation Reduction Act is shown using the text and the US flag - Image credit: Andrii | stock.adobe.com
Pharmacy Interior | Image Credit: Tyler Olson - stock.adobe.com
Male pharmacist selling medications at drugstore to a senior woman customer | Image Credit: Zamrznuti tonovi - stock.adobe.com
Pharmacist assists senior woman in buying medicine in pharmacy - Image credit: Drazen | stock.adobe.com
Pharmacy, medicine and senior woman consulting pharmacist on prescription. Healthcare, shopping and elderly female in consultation with medical worker for medication box, pills or product in store - Image credit: C Daniels/peopleimages.com | stock.adobe.com
Image credit: fidaolga - stock.adobe.com
© 2023 MJH Life Sciences

All rights reserved.