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Towncrest Pharmacy CEO McDonough Testifies Before Senate Judiciary Committee
May 27, 2025
WASHINGTON, May 27 -- The Senate Judiciary Committee released the following testimony by Randy McDonough, CEO of Towncrest Pharmacy Corp., from a May 13, 2025, hearing entitled "PBM Power Play: Examining Competition Issues in the Prescription Drug Supply Chain." PBM stands for pharmacy benefit manager.

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Good morning, Chairman Grassley, Ranking Member Durbin, and members of the committee.

Thank you for inviting me to testify this morning on be . . .

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