Cigna Subsidiary Express Scripts Files Lawsuit Against FTC, Demands Withdrawal Of PBM Report
Portfolio Pulse from Benzinga Newsdesk
Express Scripts, a subsidiary of Cigna, has filed a lawsuit against the Federal Trade Commission (FTC) demanding the withdrawal of a report on pharmacy benefit managers (PBMs). This legal action could impact Cigna's operations and regulatory environment.
September 17, 2024 | 11:22 am
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Express Scripts, a Cigna subsidiary, is suing the FTC to withdraw a report on PBMs. This lawsuit could influence Cigna's regulatory challenges and operational strategies.
The lawsuit by Express Scripts, a Cigna subsidiary, against the FTC could lead to changes in the regulatory environment affecting Cigna. However, the immediate financial impact is uncertain, leading to a neutral short-term price direction.
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