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657 Capital Rx Raises $50M to Bring Transparency to Prescription Drug Costs with its Fast-Growing Pharmacy Benefits Management Platform

AlleyWatch
AlleyWatch @ AlleyWatch · 02/09/2021 10:27 EDT

Capital Rx Raises $50M to Bring Transparency to Prescription Drug Costs with its Fast-Growing Pharmacy Benefits Management Platform

In the United States, annual prescription drug spend accounts for ~10% of all health spending. Decreases in affordability in prescription drug costs make it more difficult for Americans to secure the drugs they need to be healthy, resulting in poorer overall health, which ends up costing society more in the long run - a vicious cycle The pressure of increased drug costs is also felt by government programs like Medicare and Medicaid. Capital Rx is the fast-growing pharmacy benefits manager that utilizes t

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