who owns express scripts
Express Scripts is owned by Cigna Corporation , a major U.S. health services company, and operates within Cigna’s Evernorth health services division.
Who owns Express Scripts?
- Express Scripts has been a direct subsidiary of Cigna since Cigna acquired it in a multibillion‑dollar deal completed in December 2018.
- Today it functions as Cigna’s pharmacy benefit management (PBM) arm, often branded under Cigna’s Evernorth health services platform.
- In practical terms, that means Express Scripts is not a standalone public company anymore; its ultimate owners are Cigna’s shareholders.
Quick timeline
- Before 2018: Express Scripts was an independent, publicly traded PBM headquartered in the St. Louis area.
- March 2018: Cigna announced a deal to buy Express Scripts in a transaction valued at tens of billions of dollars.
- December 20, 2018: The acquisition closed, and Express Scripts became a Cigna subsidiary.
- 2020s: Cigna organized many of its health‑services operations, including Express Scripts, under the Evernorth brand, but Express Scripts continues as the PBM business.
Current context and latest news
- Express Scripts remains one of the largest PBMs in the U.S. and is frequently referenced in policy and regulatory discussions because of its scale and role in drug pricing.
- In early 2026, federal regulators described Express Scripts as being “owned by Cigna” in the context of a high‑profile settlement over insulin pricing, reinforcing that Cigna is still the parent company.
Information gathered from public forums or data available on the internet and portrayed here.