Catamaran CEO sees future opportunities for PBM

Mark Thierer speaks at J.P. Morgan healthcare conference

NEW YORK — Pharmacy benefit manager Catamaran Corp. hopes to expand business with client Cigna Corp. and foresees other opportunities, according to published reports.

At Monday's J.P. Morgan healthcare conference in San Francisco, CEO Mark Thierer said the company was looking at big opportunities. The company already has accounts with Blue Cross Blue Shield of Rhode Island, which it took over from CVS Caremark Corp., and a three-year contract with Target that it got from Express Scripts. Media reports quoted Thierer as saying that the company was looking at deals with two Fortune 10 companies.

The company has seen significant expansion in recent months, in December adding a new center of excellence in Indiana and adding two new board members, Betsy Holden and Karen Katen.

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