Evernorth

Evernorth to expand in New Castle, add speciality pharmacy

Betsy PriceBusiness, Headlines

Evernorth

This rendering shows how Evernorth will expand its specialty pharmacy into a 200,00-square-foot buliding.

Cigna Group’s Evernorth Health Services will use a $4.62 million state grant to expand into a bigger building in New Castle and add employees over the next four years.

The move will group several of Cigna’s companies — Evernorth, its specialty pharmacy Accredo Health Group and its specialty pharmaceutical distributor, CuraScript SD together for  distribution of millions of doses of specialty medications for rare and complex conditions.

The $4.62 million grant is said to be the largest given out this year by the state, followed by the $4.5 million given to the Agile Cold Storage‘s new Claymont facility.

Accredo will move from its 34,000-square-foot facility near New Castle to another location with 200,000 square feet, the company said.

The facility will be staffed at the beginning by about 90 existing Delaware employees includting pharmacists, pharmacy technicians, warehouse associates and operations staff.

Evernorth expects the number of employees to more than double.

They will support patients diagnosed with some of the most rare and complex conditions known today, as well as help providers who help treat these patients.

The Delaware Prosperity Partnership supported Evernorth’s request to Delaware’s Council on Development Finance for a Jobs Retention Grant, a Jobs Performance Grant, a Capital Expenditure Grant and a matching Training Grant.

Evernorth officials first about the move in the council’s September meeting.

Evernorth looks forward to deepening and expanding its tieds in the community at its new location, said President Matt Perlberg.

“This new facility will help us meet the growing demand and need for specialty medications, which have risen by 280% over the past two decades,” said vPerlberg. “As more complex medications come to market in the years ahead, our expanding location in Delaware will enable us to more efficiently and effectively distribute these lifesaving medications to individuals throughout the country, particularly in the Northeast.”

Evernorth is a wholly owned subsidiary of The Cigna Group and its companies also include Express Scripts, Express Scripts Pharmacy,  eviCore and MDLIVE, along with holistic Evernorth platforms and solutions.

 

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