FTC Says It Sued CVS, Cigna Over Drug Documents for PBM Probe

The US Federal Trade Commission said it sued CVS Health Corp. and Cigna Group for failing to turn over documents requested by the antitrust and consumer protection agency about their role as drug middlemen.

In statement late Friday, outgoing FTC Chair Lina Khan said the agency filed legal actions to enforce subpoenas it sent as part of a probe into potentially unlawful business practices by the companies’ pharmaceutical benefit managers.

“FTC orders are not suggestions,” she said in her statement. “In the year since the CIDs were issued, Cigna and CVS each have produced only a fraction of the documents ...