CompPharma, a consortium of workers' compensation pharmacy benefit management firms, announced the formation today of CompPharma LLC, which it said will serve to share the cost of research and development solutions for industrywide issues.
"We've created this organization to help PBMs [pharmacy benefit managements] working to find and implement real solutions to rapidly growing problems," said Joseph Paduda, president of CompPharma.
According to CompPharma, research priorities are set by members of the organization.
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