COPENHAGEN, Jan 17 (Reuters) - Novo Nordisk’s new diabetes pill, Rybelsus, will be covered by Express Scripts Holding Co, one of the largest U.S. pharmacy benefit managers, Danish daily Borsen reported on Friday.
Pharmacy benefit managers act as middlemen in the drug supply chain, and negotiate discounts on drugs on behalf of health insurers. Depending on the discounts drugmakers are willing to provide, pharmacy benefits managers make decisions about which drugs to include in coverage plans.
It was not clear what discounts Novo Nordisk had offered and the Danish drugmaker was not immediately available for a comment when contacted by Reuters outside usual business hours on Friday. (Reporting by Stine Jacobsen; Editing by Muralikumar Anantharaman)