Express Scripts SWOT Analysis, Competitors & USP

Express Scripts

Parent Company

Express Scripts Inc

Category

Pharmacy benefit management services

Sector

Pharma and Healthcare

Tagline/ Slogan

Serving the prescription needs of more than 50 million Americans.

USP

Focus on health outcome improvements

Express Scripts STP

Segment

Health benefit and pharmaceutical

Target Group

Large employers and corporate contracts

Positioning

Company providing safe and cheaper drugs

Express Scripts SWOT Analysis

Strengths

Below is the Strengths, Weaknesses, Opportunities & Threats (SWOT) Analysis of Express Scripts :

1. Market leadership in the US with client base consisting

2. Successful history of mergers and acquisitions like Medco health solutions which was the market leader

3. Integration of pharmacy and medical services enhances customer service as a holistic offering to client companies

4. Over 30,000+ people are with the organization

5. It has been a part of the Fortune 500

6. Constant R&D and new patents have strengthened its position

7. Expansion plans have enhanced its position as an industry leader

Weaknesses

1. Significant amount of business is tied up to top clients
2. Controversies regarding alleged fraud hurt the brand

Opportunities

1. Growing number of pharmaceutical companies in emerging markets

2. Emerging markets are seeing growth of indigenous companies which are potential customers

Threats

1. Global competition from rivals offering cheaper services

2. Economic recession can affect business adversely

Express Scripts Competition

Competitors

Below are the 4 main Express Scripts competitors :

1. CVS Caremark
2. OPTUMRX, INC.
3. Catamaran Corporation
4. Prime Therapeutics