Medco's Purchase of DNA Direct Could Yield a Big Payoff

Medco Health Solutions (MHS), a pharmacy benefits manager, needs massive M&A deals to move the needle. Consider that its market value is roughly $30 billion. But sometimes an M&A deal's impact is not measured by size of the price tag. And this may be the case with Medco's latest transaction: The purchase this week of DNA Direct, a privately held personalized medicine company with 30 employees. Of course, the terms of the deal were not disclosed.