NY Governor Andrew Cuomo signs legislation limiting the ability of PBMs such as Express Script...

|About: Express Scripts, Inc. (ESRX)|By:, SA News Editor

NY Governor Andrew Cuomo signs legislation limiting the ability of PBMs such as Express Script (ESRX) and Medco Health (MHS) to guide prescriptions to mail-order pharmacies. The bill marks a victory for retail pharmacies desperate to hold on to market share with health plans. Lower on the news in AH trading: ESRX -3.7%, MHS -1.8%. Getting a lift: WAG +1%, CVS +0.7%, RAD +0.8%.