Content about Toronto Stock Exchange

July 11, 2012

Pharmacy benefit manager SXC Health Solutions has picked a new name following its recent merger with another PBM, the company said.

LISLE, Ill. — Pharmacy benefit manager SXC Health Solutions has picked a new name following its recent merger with another PBM, the company said.

SXC, which recently merged with Catalyst Health Solutions to become the country's fourth-largest PBM by prescription volume, said it has changed its name to Catamaran. The company's shares will be traded under the ticker CTRX on the Nasdaq and as CCT on the Toronto Stock Exchange starting Wednesday. The company said the new name would reflect its "nimble, flexible" approach to serving clients.