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Acquired

Novo Nordisk (Ozempic)

5080.356 - 5097.792 Ben Gilbert

The PBM negotiates with the pharma company for a discount, often in the form of a rebate, that the pharma company pays back to the PBM. They then take that discount, they keep some of it for themselves, and then they pass some of it back to the insurance company, who can then choose to share it with the employer in some way.

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