MISSISSAUGA, ON, Dec. 6, 2018 /CNW/ - Express Scripts Holding
Company (NASDAQ: ESRX) today announced Michael Biskey will retire as President, Express
Scripts Canada in first quarter 2019. Dr. Dorian Lo, a Canadian physician and highly
accomplished senior executive, has been named as Mr. Biskey's
successor. Mr. Biskey and Dr. Lo will work together to ensure a
smooth leadership transition. Mr. Biskey led the
transformation of Express Scripts Canada from a claims adjudicator
to the leading Canadian Pharmacy Benefit Management company,
leveraging its adjudication platform to introduce new, innovative
pharmacy related services to help insurers, plan sponsors and plan
members better manage their pharmacy benefits.
Dr. Lo has deep Canadian and international experience in
healthcare, pharmacy and pharmacy benefit management. As the
Managing Director of Group Strategy & Healthcare, Dr. Lo is
currently launching a next generation integrated healthcare system
in Indonesia. Prior to his current role, Dr. Lo led Shoppers
Drug Mart's retail pharmacy business as EVP, Pharmacy and
Healthcare. Dr. Lo also served as Chief Medical Officer,
Health Plans for US based Medco Health Solutions, a leading
provider of Pharmacy Benefits Management and pharmacy services,
which Express Scripts acquired in 2012.
"Dr. Lo's experience makes him an ideal candidate to continue
executing the innovative strategy that has made Express Scripts
Canada successful", said Tim
Wentworth, President and CEO of Express Scripts. "We
appreciate all Mike has done in building our business in
Canada, making us a trusted
partner to employers and health benefit plan providers, and
providing better care to the patients we are privileged to serve.
We are excited about the future and know that Dr. Lo will build
upon Mike's strong foundation of leadership."
"I'm honoured to assume the leadership of Express Scripts Canada
and to continue to evolve its business strategy and services by
leveraging the best ideas in the world", said Dr. Lo. "I will
continue to focus on delivering innovative and integrated programs
to our insurer and TPA clients that enable them to provide
efficient, cost effective solutions to succeed in the highly
competitive benefits market".
About Express Scripts Canada
From its corporate headquarters just outside Toronto, Express Scripts Canada transforms
drug benefit plans for employees, employers and benefit providers
through unique and highly innovative solutions. Express Scripts
Canada provides innovative pharmacy services to thousands of
Canadian patients. Through its proprietary consumer intelligence,
clinical expertise, and patients-first approach, Express Scripts
Canada promotes better health decisions for plan members, while
managing and reducing drug benefit costs for plan sponsors. Express
Scripts Canada is indirectly owned by Express Scripts Holding
Company.
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SOURCE Express Scripts Canada