October 7, 1999 |
Underscoring the trend toward merging online and offline operations, Merck & Co., the country's largest provider of pharmaceuticals, and CVS Corp., the largest retailer of prescription drugs, will integrate their Web retailing operations, the companies said Wednesday. The deal, which allows members of Merck-Medco Managed Care to order drugs through CVS.com and makes CVS.
December 18, 1999 |
A federal grand jury indicted eight telemarketers Friday on charges of bilking $4.4 million from people in a massive Medical-billing scheme operated from boiler rooms in La Habra and Placentia. The suspects sold software to more than 12,000 consumers, saying they could earn $30,000 a year processing medical insurance claims or bills on their home computers, prosecutors said.
June 25, 2003 |
Federal prosecutors have joined lawsuits accusing a pharmacy benefit company owned by Merck & Co. of pressuring doctors to switch patients to Merck's products even if a patient was doing well on another drug that cost less. U.S. Atty.
July 9, 2002 |
Pharmaceutical giant Merck & Co. may have followed an acceptable accounting practice in reporting $12 billion in income it never received at its Medco Health Solutions pharmacy benefits unit, but experts say drug makers and mail- order drug firms now will be pressured to unveil all of their accounting and business arrangements.
September 17, 2005 |
From 2000 to 2004, use of drugs to help keep ADHD patients focused doubled among adults age 20 to 44 and rose 56% among children, according to data released this week by Medco Health Solutions, one of the country's largest prescription benefit managers. Among reasons cited for the surge: more effective drugs; advertising; and parents' discovery that they have the same symptoms as children diagnosed with attention-deficit hyperactivity disorder.