MISSISSAUGA, ON, Dec. 6, 2018 /CNW/ - Express Scripts Holding Company (NASDAQ: ESRX) today announced Michael Biskey will retire as President, Express Scripts Canada in first quarter 2019. Dr. Dorian Lo, a Canadian physician and highly accomplished senior executive, has been named as Mr. Biskey's successor. Mr. Biskey and Dr. Lo will work together to ensure a smooth leadership transition. Mr. Biskey led the transformation of Express Scripts Canada from a claims adjudicator to the leading Canadian Pharmacy Benefit Management company, leveraging its adjudication platform to introduce new, innovative pharmacy related services to help insurers, plan sponsors and plan members better manage their pharmacy benefits.
Dr. Lo has deep Canadian and international experience in healthcare, pharmacy and pharmacy benefit management. As the Managing Director of Group Strategy & Healthcare, Dr. Lo is currently launching a next generation integrated healthcare system in Indonesia. Prior to his current role, Dr. Lo led Shoppers Drug Mart's retail pharmacy business as EVP, Pharmacy and Healthcare. Dr. Lo also served as Chief Medical Officer, Health Plans for US based Medco Health Solutions, a leading provider of Pharmacy Benefits Management and pharmacy services, which Express Scripts acquired in 2012.
"Dr. Lo's experience makes him an ideal candidate to continue executing the innovative strategy that has made Express Scripts Canada successful", said Tim Wentworth, President and CEO of Express Scripts. "We appreciate all Mike has done in building our business in Canada, making us a trusted partner to employers and health benefit plan providers, and providing better care to the patients we are privileged to serve. We are excited about the future and know that Dr. Lo will build upon Mike's strong foundation of leadership."
"I'm honoured to assume the leadership of Express Scripts Canada and to continue to evolve its business strategy and services by leveraging the best ideas in the world", said Dr. Lo. "I will continue to focus on delivering innovative and integrated programs to our insurer and TPA clients that enable them to provide efficient, cost effective solutions to succeed in the highly competitive benefits market".
About Express Scripts Canada
From its corporate headquarters just outside Toronto, Express Scripts Canada transforms drug benefit plans for employees, employers and benefit providers through unique and highly innovative solutions. Express Scripts Canada provides innovative pharmacy services to thousands of Canadian patients. Through its proprietary consumer intelligence, clinical expertise, and patients-first approach, Express Scripts Canada promotes better health decisions for plan members, while managing and reducing drug benefit costs for plan sponsors. Express Scripts Canada is indirectly owned by Express Scripts Holding Company.
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SOURCE Express Scripts Canada
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