Lucas W. Morgan Quoted in Modern Healthcare: “FTC Takes Aim at PBM Business Practices in New Inquiry” by Maya Goldman
The Federal Trade Commission recently announced that it will intensify scrutiny of pharmacy benefit managers (“PBMs”) business practices. The agency intends to issue compulsory orders to the six largest PBMs in the U.S. for information about their activities.
Frier Levitt’s Lucas W. Morgan was quoted in a recent article published by Modern Healthcare: “FTC takes aim at PBM business practices in new inquiry” by Maya Goldman.
“Most likely, each one of these PBMs is going to interpret these compulsory orders in the most narrow scope or fashion possible,” Lucas said. “There’s going to be a big fight ahead between the FTC and the six very powerful PBMs.”
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