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Express Scripts reports profit up more than 70 percent

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St. Louis-based Express Scripts Holding Co. announced Monday its fourth-quarter revenue more than doubled, and profits surged, as it left behind charges from its merger with Medco, of Franklin Lakes.

The company is the nation's largest pharmacy benefits manager. It posted $27.4 billion in profit over the fourth quarter, up from $12.1 billion in fourth-quarter 2011. Earnings increased by nearly 75 percent, the company said in a conference call.

 

 

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