FTC lawsuit claims drug middlemen are manipulating insulin market
Three companies that process about 80% of prescriptions in the United States — Caremark, Express Scripts and OptumRx — have ...
Boise State Public Radio13h
FTC sues insulin middlemen, saying they pocket billions while patients face high costs
The Federal Trade Commission said pharmacy benefit managers created a "perverse drug rebate system" that artificially ...
Health Affairs12d
Consumer Out-Of-Pocket Drug Prices Grew Faster Than Prices Faced By Insurers After Accounting For Rebates, 2007–20
One complicating factor is manufacturer rebates, which are discounts on prescription list prices provided by drug manufacturers to pharmacy benefit managers, which in turn may share some or all of ...
Daily Post Nigeria16d
Remove middlemen to curb food insufficiency – UI Don tells Nigerian govt
The Dean of the Faculty of Renewable Natural Resources, University of Ibadan, Professor Adejoke Akinyele, has called on the federal government to eliminate the activities of middlemen in the food ...
JD Supra16d
US CMS Announces Initial Prices for Medicare Drug Price Negotiation Program
On August 15, 2024, the Centers for Medicare & Medicaid Services (CMS) released the first set of negotiated prices for the Medicare Drug Price Negotiation Program for 2026. Authorized under the ...
Brooklyn Daily Eagle17d
Roundtable held to lower drug costs, reform rules on middlemen
the drug companies claim that they ultimately have to raise list prices in order to pay the middlemen.
Medscape17d
Drug Prices Likely to Rise With More Regulatory Oversight of Clinical Research Programs
The OIG is charged with the prevention and detection of fraud and abuse in DHHS programs and operations, including Medicare and Medicaid. Several years ago, the OIG examined the state of clinical ...
health.economictimes.indiatimes18d
US will still pay at least twice as much after negotiating drug prices
Comparable prices were not available for the 10th drug, Novo Nordisk's insulin Novolog. "In the U.S. we've always accepted that we are the country that overpays relative to the rest of the world ...
The Punch Newspapers19d
Pharma companies cut profit to reduce drug prices – Firm
Drug manufacturer, May & Baker Nigeria Plc has said pharmaceutical companies in Nigeria cut their profits to help reduce high drug prices. May & Baker CEO, Patrick Ajah, said the company increased ...
News2419d
Aspen slumps after worse-than-expected hit from China's drug-price push
South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join ...