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...He chairs consumer health group Haleon and was instrumental in reviving Tesco’s fortunes during his tenure after an accounting scandal in 2014....
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...Many pharmacy businesses were already “on their knees”, with more than 300 net closures in 2023, Harrison said, adding: “To have this over our head isn’t good.”...
...The pandemic-sparked boom petered out as people reverted to conventional surgeries and pharmacies. Stars of the boom time, such as the US’s Carbon Health, tell an all too common story....
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...We’re pretty good at connecting the dots.”...
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...The FTC’s detailed opposition to the Horizon deal focuses on so-called pharmacy benefit managers. These businesses determine which drug prescriptions are eligible for health insurance reimbursement....
...’ government-sponsored health benefits....
...Most people agree that wider distribution of life-saving overdose treatments is a good idea — but that’s where the agreement ends....
...The FTC had contended that Amgen could get buyers such as health insurers or pharmacy benefit managers to favour Horizon’s drugs by bundling them with its own best-selling medicines....
...Havilah Clarke, head of marketing at Huntsman Mental Health Foundation, agrees....
...Its — untested — argument is that Amgen could use rebates on its blockbusters to encourage insurers and pharmacy benefit managers to favour Horizon’s drugs....
...Spending at pharmacy, health and beauty stores held up at 5.2 per cent, “likely boosted by holidaymakers buying sun cream and other toiletries for trips away”, according to Barclays....
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