Accredo

Accredo Packaging and Fresh-Lock Collaborate to Launch a More Sustainable and Child-Resistant Stand-Up Pouch

Retrieved on: 
Tuesday, January 9, 2024

The API Group and its subsidiary Accredo Packaging , a manufacturer of more sustainable packaging solutions in the food and consumer products markets, collaborate with the Fresh-Lock team at Presto Products, a business of Reynolds Consumer Products, to introduce a first-of-its-kind flexible stand-up pouch utilizing more than 50% Post-Consumer Recycled (PCR) content fit for food packaging throughout the package.

Key Points: 
  • The API Group and its subsidiary Accredo Packaging , a manufacturer of more sustainable packaging solutions in the food and consumer products markets, collaborate with the Fresh-Lock team at Presto Products, a business of Reynolds Consumer Products, to introduce a first-of-its-kind flexible stand-up pouch utilizing more than 50% Post-Consumer Recycled (PCR) content fit for food packaging throughout the package.
  • Coupling Fresh-Lock’s Child-Guard® slider technology and the AccredoFlex range of recycled content films results in an unmatched percentage of recycled content in both the film and the zipper closure, pushing the limits of what's possible in food packaging with recycled content.
  • The collaboration offers a child-resistant track that contains at least 25% PCR material while maintaining dependable protection and a recyclable child-safe closure.
  • “Flexible packaging continues to make great strides in sustainability beyond just the source reduction benefits from rigids.

Prime Therapeutics announces Ken Bodmer as chief financial officer

Retrieved on: 
Tuesday, December 5, 2023

EAGAN, Minn., Dec. 5, 2023 /PRNewswire/ -- Today, Prime Therapeutics LLC/Magellan Rx Management LLC (Prime/MRx) announces that it has appointed Ken Bodmer as chief financial officer (CFO), effective Dec. 4, 2023.

Key Points: 
  • EAGAN, Minn., Dec. 5, 2023 /PRNewswire/ -- Today, Prime Therapeutics LLC/Magellan Rx Management LLC (Prime/MRx) announces that it has appointed Ken Bodmer as chief financial officer (CFO), effective Dec. 4, 2023.
  • "Ken is an extraordinary leader with a deep understanding of the markets we serve and brings a unique blend of financial and operational expertise coupled with a proven track record of success," said Mostafa Kamal , president and chief executive officer at Prime.
  • Bodmer has more than 20 years of experience in business and financial leadership in both pharmacy benefit management and specialty pharmacy.
  • His previous experience also includes both CFO and chief operating officer roles at Accredo, as well as key financial leadership roles at Medco (now Express Scripts) and Catamaran (now OptumRx).

Walgreens Boots Alliance Appoints Tim Wentworth as Chief Executive Officer

Retrieved on: 
Wednesday, October 11, 2023

Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced the appointment of Tim Wentworth as the company’s new Chief Executive Officer, effective on October 23.

Key Points: 
  • Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced the appointment of Tim Wentworth as the company’s new Chief Executive Officer, effective on October 23.
  • Mr. Wentworth will also join the WBA Board of Directors upon assuming the role.
  • View the full release here: https://www.businesswire.com/news/home/20231011544834/en/
    Tim Wentworth named Walgreens Boots Alliance CEO (Photo: Business Wire)
    Most recently, as founding CEO of Evernorth, Cigna’s health services organization that partners with health plans, employers and government organizations, Mr. Wentworth brought together health service capabilities including care provision, pharmacy solutions and benefits management.
  • I believe in WBA’s vision to be the leading partner in reimagining local healthcare and well-being for all,” said Mr. Wentworth.

Accredo Packaging Appoints Trei Johnson as Director of Sustainability

Retrieved on: 
Wednesday, September 27, 2023

The API Group, Inc. and Accredo Packaging , a manufacturer of sustainable packaging solutions in the food and consumer products markets, welcome Treijon (Trei) Johnson as Director of Sustainability.

Key Points: 
  • The API Group, Inc. and Accredo Packaging , a manufacturer of sustainable packaging solutions in the food and consumer products markets, welcome Treijon (Trei) Johnson as Director of Sustainability.
  • Leveraging a rich background in developing sustainable packaging solutions, he will focus on refining and implementing a robust strategy building upon the existing foundation of sustainability success at Accredo Packaging.
  • Accredo Packaging, Inc. is North America's first and only flexible packaging manufacturing facility with LEED® Silver certification and is 100% wind-powered.
  • Before joining Accredo, Johnson demonstrated his skill in driving sustainability initiatives at Mars Wrigley as a packaging engineer and at Unilever Global as a supply chain analyst for two years before becoming a packaging engineer.

Cigna Under Fire by AHF for Unethical Pharmacy Benefit Management Practices

Retrieved on: 
Wednesday, August 23, 2023

Healthcare advocates from across the country affiliated with AIDS Healthcare Foundation (AHF) will protest Cigna – and, in particular, its pharmacy benefit manager (PBM) Express Scripts (ESI) – for its unethical practices that disrupt patient care and harm patient access to their chosen pharmacies.

Key Points: 
  • Healthcare advocates from across the country affiliated with AIDS Healthcare Foundation (AHF) will protest Cigna – and, in particular, its pharmacy benefit manager (PBM) Express Scripts (ESI) – for its unethical practices that disrupt patient care and harm patient access to their chosen pharmacies.
  • Cigna purchased ESI, one of the country’s largest PBMs, in 2018.
  • As the controller of drug benefits for more than 100 million people in the U.S., Express Scripts can impose take-it-or-leave it terms with impunity.
  • Express Scripts’ goal is to sever providers’ relations with their patients and force those patients into Express Scripts’ own specialty mail order pharmacy construct, Accredo.

AHF Confronts Cigna CEO over PBM’s ‘Rapacious’ Greed

Retrieved on: 
Tuesday, April 25, 2023

AIDS Healthcare Foundation ( AHF ), the world’s largest HIV/AIDS healthcare provider, sharply criticized health care behemoth Cigna today over its management of Express Scripts, the nation’s second largest Pharmacy Benefit Manager (PBM), which Cigna acquired in a 2018 merger.

Key Points: 
  • AIDS Healthcare Foundation ( AHF ), the world’s largest HIV/AIDS healthcare provider, sharply criticized health care behemoth Cigna today over its management of Express Scripts, the nation’s second largest Pharmacy Benefit Manager (PBM), which Cigna acquired in a 2018 merger.
  • AHF’s criticism comes on the heels of a so-called “transparency” campaign Cigna and Express Scripts recently launched.
  • This predatory practice is contributing to the bankruptcy of independent pharmacies and to the creation of pharmacy deserts, leaving members stranded.
  • ESI operates secret, offshore entities like Ascent Health Services, apparently to negotiate sweet deals with manufacturers that only profit ESI/Ascent.

AHF Confronts Cigna CEO over PBM’s ‘Rapacious’ Greed

Retrieved on: 
Tuesday, April 25, 2023

AIDS Healthcare Foundation ( AHF ), the world’s largest HIV/AIDS healthcare provider, sharply criticized health care behemoth Cigna today over its management of Express Scripts, the nation’s second largest Pharmacy Benefit Manager (PBM), which Cigna acquired in a 2018 merger.

Key Points: 
  • AIDS Healthcare Foundation ( AHF ), the world’s largest HIV/AIDS healthcare provider, sharply criticized health care behemoth Cigna today over its management of Express Scripts, the nation’s second largest Pharmacy Benefit Manager (PBM), which Cigna acquired in a 2018 merger.
  • AHF’s criticism comes on the heels of a so-called “transparency” campaign Cigna and Express Scripts recently launched.
  • This predatory practice is contributing to the bankruptcy of independent pharmacies and to the creation of pharmacy deserts, leaving members stranded.
  • ESI operates secret, offshore entities like Ascent Health Services, apparently to negotiate sweet deals with manufacturers that only profit ESI/Ascent.

Cigna Evolves Brands to Reflect Growing Portfolio

Retrieved on: 
Monday, February 13, 2023

Company unveils three distinct brands: The Cigna Group, the global health company; Cigna Healthcare, the health benefits provider; and Evernorth Health Services, the pharmacy, care and benefits solutions provider.

Key Points: 
  • Company unveils three distinct brands: The Cigna Group, the global health company; Cigna Healthcare, the health benefits provider; and Evernorth Health Services, the pharmacy, care and benefits solutions provider.
  • BLOOMFIELD, Conn., Feb. 13, 2023 /PRNewswire/ -- Cigna Corporation is evolving the company's brands to reflect its growing portfolio of businesses and best serve its customers and clients.
  • Cigna Healthcare is the health benefits provider of The Cigna Group, serving customers and clients through its U.S. Commercial, U.S. Government and International Health businesses.
  • The Cigna Group, Cigna Healthcare and Evernorth Health Services will update branding in customer, client, health care provider and public communications over time.

Express Scripts Announces Strategic Partnership with Centene to Unlock Greater Prescription Drug Savings

Retrieved on: 
Tuesday, October 25, 2022

ST. LOUIS, Oct. 25, 2022 /PRNewswire/ -- Express Scripts, the pharmacy benefits management business of Cigna Corporation's (NYSE: CI) Evernorth, announced a new strategic collaboration with Centene (NYSE: CNC) to make prescription medications more accessible and affordable for customers.

Key Points: 
  • "We're proud to partner with Centene to deliver greater prescription drug affordability and access for their customers," said Amy Bricker, president of Express Scripts.
  • Beginning in January 2024, Express Scripts will manage pharmacy benefits for approximately 20 million Centene members.
  • In addition to greater savings on prescription drugs, Centene customers will also have access to Express Scripts' extensive national network of retail pharmacies.
  • To unlock additional prescription drug savings and better health outcomes for customers served by both organizations, Express Scripts and Centene will work together to enhance early detection of health episodes, close gaps in care, and drive improved clinical outcomes.

Walgreens Boots Alliance Accelerates Full Acquisition of CareCentrix

Retrieved on: 
Tuesday, October 11, 2022

WBAs full acquisition of CareCentrix follows WBAs 55% majority investment in the company, which closed on August 31, 2022.

Key Points: 
  • WBAs full acquisition of CareCentrix follows WBAs 55% majority investment in the company, which closed on August 31, 2022.
  • Our full acquisition further accelerates our transformation to become a consumer-centric healthcare company, leveraging innovative platforms that extend our capabilities into fast-growing segments of healthcare, said Roz Brewer, CEO, WBA.
  • The company will continue as a distinct business and brand within Walgreens following the full acquisition.
  • Walgreens Boots Alliance (Nasdaq: WBA) is an integrated healthcare, pharmacy and retail leader serving millions of customers and patients every day, with a 170-year heritage of caring for communities.