FOR IMMEDIATE RELEASE
Contact:
Elizabeth Bartolomeo
ebartolomeo@fenton.com
202-789-7753

Independent Pharmacists Condemn Express Scripts’ Move to Block Coverage for Compound Drug Ingredients

Washington, DC — July 2, 2014 — Pharmacists United for Truth and Transparency (PUTT) issued the following statement in response to Express Scripts blocking coverage to compound medication ingredients.

Notes PUTT President Jason Wallace, Pharm. D.:

“This is another case of Express Scripts doing what it does best, decrease access to important medications under the guise of savings. Compounded medications have been around since the dawn of pharmacy and play a vital role in the health of patients across the country.

“Doctors turn to compounded prescriptions when traditional modalities fail, cause unintended side-effect profiles or the patient needs a dosage form, strength or delivery method that is not commercially available. Furthermore, in many instances, the compounded medications cost much less than commercially available products.

“We condemn Express Scripts decision and will work with physicians and our patients to ensure that they continue to have access to these vitally important specialized forms of medication. PUTT hopes that employers and plan sponsors will also realize that this move by Express Scripts is yet another reason to choose your PBM wisely.”

PUTT, and its more than 2,000 members across the U.S., are dedicated to exposing widespread abuse and manipulation by pharmacy benefit managers and the ways they inflate prescription drug costs for millions of Americans.

To learn more, visit www.truthrx.org.

###

ABOUT PHARMACISTS UNITED FOR TRUTH AND TRANSPARENCY

Pharmacists United for Truth and Transparency (PUTT) is an independent watchdog organization dedicated to exposing the role pharmacy benefits managers (PBMs) play in driving up prescription drug costs for consumers and employers. PUTT is a growing coalition of independent pharmacists and pharmacy owners and a resource for employers, policy makers and members of the media. It is a not-for-profit organization funded by individual members, not corporations or other special interest groups. For more information visit TruthRx.org.