CVS and Cigna have filed two separate lawsuits seeking to overturn Arkansas’ new law, which bans pharmacy benefit managers from owning or operating pharmacies in the state, from going into effect

CVS and Cigna’s PBM subsidiary Express Scripts filed two separate suits Thursday in an Arkansas district court asking a judge to find the law unconstitutional and ban it from being implemented.

Gov. Sarah Huckabee Sanders signed Arkansas’ legislation, called Act 624 , into law in April. The law — the first of its kind — is meant to protect local community pharmacies from larger, more diversified chains by requiring companies that own both PBMs and pharmacies to shutter their operations in the state.

Its passage followed a groundswell of support for tackling PBM reform from lawmakers and regul

See Full Page