Medco loses key contract to CVS;
Medco Health Solutions disclosed on Friday it lost a key pharmacy benefit contract from Blue Cross Blue Shield to rival CVS Caremark, sending the company's stock diving more than 10%.
Medco Health Solutions, Inc., , which developed and manages the world's largest and most advanced pharmacies, today announced it has acquired a majority interest in Europa Apotheek Venlo, a privately held company providing clinical health care and mail-order pharmacy services in Germany.