Keith Pagnani and Melissa Sawyer Named Dealmakers of the Week by The American Lawyer

April 3, 2015
Download

On April 3, Mr. Pagnani and Ms. Sawyer were named Dealmakers of the Week by The American Lawyer for their role advising UnitedHealth in its subsidiary OptumRx's $12.8 billion combination with Catamaran Corporation. The deal is one among several consolidations, a common theme within the pharmacy benefits manager industry over the past five to 10 years. “One of the real value-adds with scale is purchasing power and ability to negotiate discounts and rebates with pharmaceutical manufacturers and pharmacies,” Mr. Pagnani said, “consolidation makes a lot of sense.” Ms. Sawyer added that the deal made sense on both sides, noting that, “the two parties have a pretty long-standing business relationship already—they operate on the same platform and share technology.” AmLaw reports that the merged company will fulfill more than 1 billion prescriptions annually.