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News Breaks
July 28, 2014
06:22 EDTCVS, HZNP, ESRXHorizon Pharma said Duexis, Vimovo to be placed on CVS, Express exlclusion lists
Horizon Pharma (HZNP) said it has been verbally notified that in August, two pharmacy benefit managers, CVS Caremark (CVS) and Express Scripts (ESRX), expect to announce DUEXIS and VIMOVO will no longer be on their formularies and will be placed on their exclusion lists effective January 1, 2015. As a change in Caremark and ESI formulary status would not take effect until 2015, Horizon Pharma does not expect this potential action to impact the financial guidance of $270M-280M for net revenues and $80M-90M for adjusted EBITDA for fiscal 2014 as provided in first quarter earnings press release dated May 9. In response to potentially being placed on Caremarkís and ESIís exclusion lists, the company said it will immediately accelerate patient and physician focused commercial model to focus prescriptions through other channels such as our Prescriptions Made Easy program, continue working with many of the other PBMs and evaluate price increases. We estimate approximately 20%-30% of DUEXIS and VIMOVO prescriptions could be impacted by the potential actions by Caremark and ESI. In the future, if additional healthcare plans adopt the Caremark or ESI exclusion lists or otherwise exclude DUEXIS or VIMOVO from the formularies they use, which they are not required to do, there could possibly be additional DUEXIS and VIMOVO prescriptions affected.
News For HZNP;CVS;ESRX From The Last 14 Days
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September 2, 2015
07:04 EDTHZNPHorizon Pharma issued additional notice of patent claims
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August 27, 2015
19:14 EDTESRX, CVSExpress Scripts to cover both Repatha, Praluent for now, Bloomberg says
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08:32 EDTCVSCVS Health enters into two new clinical affiliations
CVS Health has entered into new clinical affiliations with two health systems, St. Luke's University Health Network in Bethlehem, Pennsylvania and TriHealth in Cincinnati, Ohio. Through these clinical affiliations, CVS Health will provide prescription and visit information to the participating health care organizations.
07:22 EDTHZNPHorizon Pharma granted Notice of Allowance for Pennsaid by USPTO
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August 26, 2015
08:32 EDTCVSCVS Health to partner with telehealth providers to improve patient care
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August 25, 2015
16:01 EDTCVSTarget sees $550M pretax gain after closing CVS transaction
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August 21, 2015
13:04 EDTHZNPDepomed to file revocation statement with SEC
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August 20, 2015
09:20 EDTESRXExpress Scripts rebates to increase due to price protection, says Cleveland
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07:03 EDTHZNPHorizon Pharma issued Notice of Allowance by USPTO covering Vimovo
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