Express Scripts reaches smart-phone users with new app
ST. LOUIS — Patients with smart phones using pharmacy benefits served by Express Scripts can access their accounts through a new application launched Monday, the PBM said.
Members who use the iPhone or Android phones can download the Express Rx app from the Apple App Store or Android Market, respectively. Users of other smart phones, such as BlackBerry devices, can use Express Scripts’ mobile-optimized website at M.ESRX.com. The app and website allow users to order refills, check order status, look up drug information and sign up for home delivery; if phones have GPS, the app will direct them to the closest retail pharmacy in their network.
“The Express Scripts Pharmacy is the most reliable path between our members and their medications, and is the cornerstone of our commitment to deliver better health outcomes and lower costs,” Express Scripts VP Rx distribution Jacob Cedergreen said. “This is another example of how we are constantly innovating and improving the Express Scripts Pharmacy to provide our clients and members the best possible service and convenience.”
Rite Aid implements medication disposal program
CAMP HILL, Pa. — Rite Aid is working with Sharps Compliance to help customers dispose of unused medications, the retailer said Monday.
Customers can buy a Sharps Compliance medication-disposal envelope at a Rite Aid store for $3.99, place unused prescriptions or over-the-counter drugs inside and then send it via the U.S. Postal Service to the incinerator.
“For years, Rite Aid has participated in community medication take-back events organized by local health officials and law enforcement agencies,” Rite Aid SVP pharmacy Dan Miller said. “Our customers often ask how to dispose of medication. By making these envelopes available in our stores, we’re offering an easy and safe disposal solution for customers looking to safely dispose of expired, unused or unwanted medications.”
Rite Aid said the envelopes are available at all Rite Aid stores except for those in Maine, where another program is available. Last March, Sharps Compliance teamed up with the National Community Pharmacists Association to offer member pharmacies discounted services for the Sharps TakeAway Environmental Return System.
Gilead to shareholders: Say no to mini-tender offer by TRC
FOSTER CITY, Calif. — Drug maker Gilead acknowledged the receipt of an unsolicited mini-tender offer by TRC Capital.
Gilead said that TRC seeks to purchase up to 3 million shares of the company at a price of $37.25 per share, or about $111.75 million. The drug maker said it is recommending shareholders reject the bid, stating that the offer is priced below the current market price for Gilead shares and is subject to numerous conditions. As of March 2, TRC’s offer price represented approximately a 4.56% discount to the $39.03 closing price of Gilead common stock.
Mini-tender offers are designed to acquire less than 5% of a company’s outstanding shares, thereby avoiding many disclosure and procedural requirements of the Securities and Exchange Commission that apply to offers for more than 5% of a company’s outstanding shares.