SMITHKLINE BEECHAM's DPS PBM WILL POST EARNINGS IN 1996, NUMBER OF COVERED LIVES NEARS 14 MIL. MARK; PBMs COULD WORK OUTSIDE U.S. AS HMO MODELS APPEAR
Executive Summary
SmithKline Beecham's pharmacy benefit management company DPS, acquired in May from United Healthcare for $2.3 bil., will contribute to profits in 1996, SB execs forecast at a Dec. 12 securities analysts meeting held simultaneously in New York City and London.