ST. LOUIS, Nov. 12 /PRNewswire-FirstCall/ -- Express Scripts, Inc. (Nasdaq: ESRX), one of the largest pharmacy benefits management companies in North America, announced today that its new high volume filler (HVF) pharmacy will be built in St. Louis.
"This expansion of our operations aligns with Express Scripts' strategy to optimize service and cost savings for our clients and patients," said George Paz, chairman and CEO of Express Scripts. "I am especially pleased to announce that our decision to bring highly advanced pharmacy technology to St. Louis will create nearly 300 new jobs for the region."
Express Scripts' development of leading edge HVF technology advances its leadership in providing solutions for today's healthcare challenges. With this expansion, Express Scripts is furthering its capabilities to drive better health outcomes and lower costs for millions of Americans.
The new facility will feature best-in-class pharmacy automation for the dispensing, packaging and shipment of 110,000 prescriptions per day. The technology developed will set a new standard for patient safety, service and overall efficiency. This exacting quality standard allows Express Scripts to provide safer, more affordable drugs.
"I appreciate the efforts of state and county officials, including Governor Jay Nixon and County Executive Charlie Dooley, who helped to make St. Louis the best choice for our business," said Paz.
NorthPark Partners will develop the site for an opening in April 2010.
About Express Scripts
Express Scripts, Inc. is one of the largest PBM companies in North America, providing PBM services to thousands of client groups, including managed-care organizations, insurance carriers, employers, third-party administrators, public sector, workers' compensation, and union-sponsored benefit plans.
Express Scripts provides integrated PBM services, including network-pharmacy claims processing, home delivery services, benefit-design consultation, drug-utilization review, formulary management, disease management, and medical-and drug-data analysis services. The Company also distributes a full range of biopharmaceutical products directly to patients or their physicians, and provides extensive cost-management and patient-care services.
Express Scripts is headquartered in St. Louis, Missouri. More information can be found at http://www.express-scripts.com, which includes expanded investor information and resources.
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SOURCE Express Scripts, Inc.