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CVS, Express Scripts move to dismiss Vermont's US price-fixing claims

( January 14, 2025, 23:31 GMT | Official Statement) -- MLex Summary: CVS Health and Express Scripts moved to dismiss claims filed by the State of Vermont accusing them of illegally driving up drug prices and foreclosing patient access to treatments by abusing the market power of their pharmacy benefit management operations' consolidated control of pricing, dispensing and reimbursement systems for prescription drugs. They said that pharmaceutical rebates are a “normal competitive tool...to stimulate price competition,” and both state and federal law recognize that PBMs will negotiate rebates to offset their clients’ drug costs, and the state itself contracts with PBMs to negotiate rebates for its own health plans.See attached file. ...

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