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February 09, 2016 4:58 PM ET

Healthcare Providers and Services

Company Overview of Express Scripts, Inc.

Company Overview

Express Scripts, Inc. offers pharmacy benefit management services. It provides network-pharmacy claims processing, benefit-design consulting, drug-utilization review, formulary management, and medical and drug data analysis services. The company was founded in 2012 and is based in St. Louis, Missouri. Express Scripts, Inc. operates as a subsidiary of Express Scripts Holding Company.

One Express Way

St. Louis, MO 63121

United States

Founded in 2012

Phone:

314-996-0900

Fax:

314-291-3669

Key Executives for Express Scripts, Inc.

Chairman, Chief Executive Officer and President
Age: 59
Chief Operating Officer and Executive Vice President
Age: 55
Chief Accounting Officer, Vice President and Controller
Age: 42
Executive Vice President, General Counsel, Secretary and Director
Age: 46
Executive Vice President of Sales and Marketing
Age: 49
Compensation as of Fiscal Year 2015.

Express Scripts, Inc. Key Developments

Express Scripts, Inc. Presents at William Blair’s 35th Annual Growth Stock Conference, Jun-09-2015 10:10 AM

Express Scripts, Inc. Presents at William Blair’s 35th Annual Growth Stock Conference, Jun-09-2015 10:10 AM. Venue: Four Seasons Hotel, Chicago, Illinois, United States.

Class Certification of Health Plan's Claims against National Prescription Administrators Inc. and Express Scripts Inc

Several self-funded health plans filed class action complaints against National Prescription Administrators Inc. and its successor, Express Scripts Inc. NPA, and later ESI, administered benefits for health plans' participants and beneficiaries. The complaints alleged that the defendants retained undisclosed rebates from manufacturers and enriched themselves to the detriment of plan beneficiaries. The lawsuits were consolidated and designated multidistrict litigation. Richard Lanigan, as trustee of the Local 153 Health Fund, became the sole plaintiff of a proposed class against NPA after the other lawsuits were either resolved on the merits or dismissed. Although NPA was the named defendant in Lanigan's lawsuit, Lanigan's individual claims were against ESI. Lanigan filed a motion for class certification. He sought to represent a class of 59 self-funded ERISA employee benefit plans for which NPA served as their pharmacy benefit manager and used the NPA Select Formulary at any time from January 1, 1996, through April 13, 2002. Lanigan contended that commonality was satisfied because standardized contracts were used with all plans. The district court found the record did not support the contention. The evidence showed that some contracts were executed while others were not. Some contracts contained form language, and other contracts were the result of individual negotiations. There were variations in the contracts with regard to rebates. Whether NPA unlawfully retained rebates could not be answered on a class-wide basis. The district court concluded that the typicality and adequacy requirements were not met. Lanigan's action was against ESI, not the named defendant NPA. Although Lanigan's plan was no longer in a contractual relationship with ESI, other class members continued to receive ESI's services. In seeking recovery, Lanigan's interests might conflict with those of class members. The district court found that NPA's statute of limitations defense precluded certification. Inquiry into when a class member's injury accrued and whether the class member knew or should have known of the injury would be individualized and time-consuming.

Express Scripts, Inc. Presents at 33rd Annual J.P. Morgan Healthcare Conference, Jan-13-2015 09:00 AM

Express Scripts, Inc. Presents at 33rd Annual J.P. Morgan Healthcare Conference, Jan-13-2015 09:00 AM. Venue: Westin St. Francis Hotel, San Francisco, California, United States. Speakers: George Paz, Chairman, Chief Executive Officer and President.

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