Hints and tips:
...“Is the biosimilar market a failure with respect to these pharmacy benefit drugs like Humira?...
Japan is a pioneer of combining retail outlets with pharmacies and support services for ageing shoppers
...CVS Health, the largest pharmacy chain in the US, in 2018 acquired Aetna for $69bn and Cigna combined with Express Scripts in a $67bn deal, including debt....
...Brewer, one of the few African-American women to run a company in the S&P 500, arrived as pharmacy chains were being boosted by the strong early uptake of Covid-19 vaccines....
...It also restored the Paris Theater in New York, preventing it from suffering the indignity of being turned into a chain pharmacy....
...Same-store sales at its pharmacies, however, rose 9.8 per cent ahead of estimates of 8.8 per cent, partly thanks to higher prices....
...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....
...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....
...Its — untested — argument is that Amgen could use rebates on its blockbusters to encourage insurers and pharmacy benefit managers to favour Horizon’s drugs....
...However, the FTC’s case against Amgen is targeted at the power the company allegedly wields more broadly with health insurers and middlemen in the US healthcare system, known as pharmacy benefit managers...
...US health officials last week warned that some pharmacies were running out of storage space for the drug just weeks after distribution began because of tepid demand....
...The FTC argued that Amgen could use the rebates it pays on its “blockbuster” drugs to press insurance companies and pharmacy benefit managers into paying for two of Horizon’s medicines: Tepezza for an autoimmune...
...It required the six largest pharmacy benefit managers, which negotiate fees and rebates with drug manufacturers, to share information on their business practices....
...Amgen said it would offer its biologic treatment, named Amjevita, to US health insurers and middlemen known as pharmacy benefit managers through two pricing plans....
...In 2014 it bought the Co-operative Group’s pharmacy business for £620mn....
...That was despite pharmacy sales falling almost 7 per cent as demand slipped for Covid-19 services such as vaccines....
...The Future Fund has also taken stakes in advanced materials group Oxford Nanosystems, biotech firm Roslin Technologies, online pharmacy Phlo Technologies, Magnitude Biosciences, a life sciences company,...
...This includes a large pharmacy benefit management business and a leading health insurance division. Walgreens remains overly dependent on its nearly 9,000 stores in the US....
...Finding and assessing prospects in the pharma market takes time, according to Denton, an experienced dealmaker who when working as chief financial officer at pharmacy giant CVS in 2018 oversaw its $68bn...
...Weeks after announcing negotiations on similar settlements with the pharmacy chains CVS and Walgreens, New York attorney-general Letitia James said such retailers had “played an undeniable role in perpetuating...
...News of the deal comes months after Walgreens was forced to abandon its planned sale of the Boots pharmacy chain in the UK after struggling to draw interest from buyers, a move it blamed on market conditions...
...Walgreens Boots Alliance said this week that a review launched in January had concluded the US group should retain ownership of the UK pharmacy and beauty retailer for now....
Owner of UK pharmacy and beauty group blames market turmoil for bids below its expectations
...He refused and that experience sent him down a different path into retail, via pharmacies, and fuelled his life-long suspicion of the university’s graduates....
...The investor group had in 2018 tried to list Albertsons through a reverse merger with Rite Aid, the pharmacy chain, but the deal collapsed when Rite Aid shareholders objected....
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