Express Scripts (ESRX +2.5%) says prescription drug spending fell to 2.7% growth in 2011 - the...

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

Express Scripts (ESRX +2.5%) says prescription drug spending fell to 2.7% growth in 2011 - the slowest pace in 18 years - due to the introduction of generic medicines that tempered price increases. The company notes that the average co-payment for consumers fell to $12.02 a prescription from $12.10 a year before.