Express Scripts to continue PBM services for DOD
ST. LOUIS Express Scripts said Friday that it will continue to provide pharmacy benefit management services to more than 9 million Defense Department beneficiaries, according to published reports.
Express Scripts already has contracts to provide retail and mail pharmacy benefit services for the members. The latest contract, which will be phased in starting next year, combines those services and adds other functions, including managing the beneficiaries’ specialty drug needs.
With the contract comes the option for five years of mail order and retail pharmacy dispensing services. If all options are exercised, the total value is about $2.8 billion, excluding the cost of pharmaceuticals, the Defense Department said in a news release.
“It is a great honor to continue serving our men and women in uniform, along with their dependents and military retirees—to work on their behalf making the use of prescription drugs safer and more affordable,” said George Paz, chairman and chief executive of Express Scripts. “We look forward to continuing to meet beneficiaries’ needs with outstanding service.”
Express Scripts has been providing home delivery and pharmacy network services to the Defense Department since 2003 and 2004, respectively.
FDA issues final approval for Perrigo’s generic Zyrtec
ALLEGAN, Mich. The Food and Drug Administration has given approval to Perrigo to manufacture and market cetirizine hydrochloride syrup in 1mg per milliliter strength.
The syrup, a generic version of McNeil Consumer Healthcare’s Zyrtec syrup, relieves symptoms of allergic rhinitis.
“This approval reflects both our strategy to be first to market with important products and the unique position of the company both in front of and behind the pharmacy counter,” Perrigo Chairman and chief executive officer Joseph Papa said.
Pfizer, which originally marketed Zyrtec, reported that it had sales of $1 billion in 2007. Pfizer lost U.S. exclusivity for Zyrtec in January, according to its annual report.
Nestea introduces green tea with higher antioxidant concentration
ATLANTA Iced Tea brand Nestea announced today the launch of its new Green Tea Citrus and Diet Green Tea Citrus products with 50 percent more antioxidants than before, as well as a brand new look.
The new varieties combine all-natural fruit flavors and the natural goodness of tea, largely in response to consumer health awareness. Both products now contain 50 percent more natural tea antioxidants, with 96 milligrams of flavonoid antioxidants per eight fluid ounce serving.
“As summer approaches, it is the perfect time to introduce products for consumers who want to quickly revitalize their day,” said Penny McIntyre, senior vice president and general manager of coffee and tea for Coca-Cola North America. “Nestea offers delicious, simple blends of tea and natural fruit flavors. Our new Green Tea Citrus products with even more antioxidants are great additions to our line of refreshing teas.”
The new packaging features dynamic graphics that call attention to the antioxidant content and all-natural fruit flavors. Nestea’s Iced Tea with Lemon and Diet Iced Tea with Lemon flavors come in 20 ounce and half-liter plastic bottle 12-packs. The Iced Tea with Lemon also comes in aluminum cans (regular and diet) and 2-liter plastic bottles (regular).