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Supply Chain

Chicago-based OptumRx will partner with Woonsocket, R.I.-based CVS Pharmacy to develop a new pharmacy network solution. Through the strategic partnership, the companies hope to provide more medication options and lower costs for consumers and clients.

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Premier, a group purchasing organization based in Charlotte, N.C., will pay $325 million to acquire two GPOS, Innovatix and Essensa Ventures, from the Greater New York Hospital Association. Under the agreement, GNYHA is also eligible for an additional $43 million…

While it is a common belief that more competition in the pharmaceutical industry will help contain high drug costs, Pfizer and Eli Lilly's rivalry over their erectile dysfunction drugs proves otherwise.

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