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Pharmaceutical firm loses Aetna contract
September 1st, 2004
Chronimed, Inc., (CHMD) commented on Aetna's announcement that it will be launching Aetna Specialty Pharmacy with Priority Healthcare. The information provided in the announcement indicated that Aetna's specialty pharmacy business, which is currently served by three providers, of which one is Chronimed, would be consolidated into Aetna Specialty Pharmacy. Aetna indicated that this new business will begin in 2005 and that it expected to transition the business fully into Aetna Specialty Pharmacy by the third quarter of 2005. "We have had, and continue to have, an excellent relationship with Aetna," said Chronimed chairman and CEO...
Source: Biotech Week (2004-09-01)
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