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News updates from March 21: US accuses Apple of building a smartphone monopoly; Reddit soars in New York IPO
Weight-loss drugs to be covered by Medicare for certain conditions in US
...guidance from the Centers for Medicare and Medicaid Services (CMS)....
March 21, 2024
News in-depthDementia
Alzheimer’s drug Leqembi falls short of blockbuster status in faltering US rollout
...Instead, only about 5,600 patients had been approved for treatment by early April, according to a registry by the Centers for Medicare & Medicaid Services shared with the Financial Times....
April 22, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Eli Lilly & Co
Eli Lilly weight-loss drug found to address sleep apnoea in trial
...The Centers for Medicare & Medicaid Services said last month that Medicare Part D drug benefit plans will cover weight loss medicines when they are approved to treat a separate medical problem, such as heart...
April 17, 2024
LexDrug prices
US drug prices: Medicare curbs may be more show than tell Premium content
...The drugs on the list cost Medicare more than $50bn in the 12 months to May 31, said the Centers for Medicare and Medicaid Services....
August 29, 2023
News updates from July 19: Goldman Sachs profit tumbles as slowdown hits trading, UK inflation falls more than expected in June
Johnson & Johnson sues US government over drug price controls
...The pharmaceutical company said on Tuesday it had filed suit against the US Department of Health and Human Services and Centers for Medicare and Medicaid Services....
July 18, 2023
Live news updates from July 18: BBC hires Deloitte to review procedures, Morgan Stanley profits fall
Johnson & Johnson sues US government over drug price controls
...The pharmaceutical company said on Tuesday it filed a lawsuit against the US Department of Health and Human Services as well as the Centers for Medicare and Medicaid over what it calls an “innovation-damaging...
July 18, 2023
FT Live
Strategies for Trading Interest Rate Volatility
Understanding the rate environment and capitalising on fluctuations
Thursday, 20 June71 Basinghall Avenue, London EC2V, UK
AstraZeneca PLC
AstraZeneca sues US government over drug price reforms
...The process is due to begin in earnest next week when the Centers for Medicare & Medicaid Services (CMS) is due to publish a list of 10 expensive drugs that will be the focus of the negotiation....
August 25, 2023
Dementia
US regulators approve first drug to slow progression of Alzheimer’s
...The decision by the Centers for Medicare & Medicaid Services to provide coverage for the treatment is crucial to enable a wide rollout....
July 6, 2023
Merck & Co Inc
Merck accuses US of ‘extortion’ in lawsuit against drug price controls
...The process is due to begin in earnest in September when the Centers for Medicare & Medicaid Services (CMS) is due to identify 10 expensive drugs that will be the focus of the negotiation....
June 6, 2023
Pharmaceuticals sector
Drugmaker warns US data rules threaten access to Alzheimer’s treatment
...The company said a decision by Centers for Medicare and Medicaid Services to restrict financial support for Leqembi to Alzheimer’s patients whose doctors participate in a health agency database could have...
June 17, 2023
The Big Read
Weight-loss drugs: will health systems and insurers pay for ‘skinny jabs’?
...The Centers for Medicare & Medicaid Services did not respond to a request for comment....
August 11, 2023
Healthcare
UnitedHealthcare loses legal battle against KKR-owned doctors group
...for Medicare and Medicaid Services, a US government agency, last week....
May 2, 2023
Dementia
Two Alzheimer’s drugs offer hope to patients after decades of waiting
...In the wake of the controversy over the FDA approval of Biogen’s aducanumab, the US Centers for Medicare and Medicaid Services said only patients taking part in a clinical trial would benefit from reimbursement...
May 8, 2023
Pharmaceuticals sector
US approves Alzheimer’s drug that slows rate of cognitive decline
...Cheung said Eisai would apply for full approval for Leqembi imminently and talk to the US Centers for Medicare & Medicaid Services about relaxing reimbursement restrictions for the treatment....
January 6, 2023
Eisai Co Ltd
Japan’s Eisai aims to silence critics over breakthrough Alzheimer’s drug
...One of its biggest setbacks was the disastrous launch of aducanumab, which prompted the US Centers for Medicare & Medicaid Services to severely restrict reimbursement for all amyloid-reducing monoclonal...
November 29, 2022
FT Live
US Decarbonization and Industrial Transition Summit
Securing the resources to build and finance America's clean energy future
Wednesday, 29 MayWashington, D.C., USA
Pharmaceuticals sector
Swedish scientist behind Alzheimer’s drug has big ambitions
...“Based on these data, we are highly confident in lecanemab’s approval and eventual Centers for Medicare and Medicaid Services (CMS) reimbursement,” he said....
December 2, 2022
Live news from January 12: US inflation rises at fastest pace in nearly 40 years, Boris Johnson faces angry MPs and calls to resign, France to ease Covid border controls with UK
US proposes limiting coverage for Biogen’s Alzheimer’s drug
...In a draft decision published on Tuesday, the Centers for Medicare & Medicaid Services said its thorough review process that found that while there may be potential for promise with the treatment, there...
January 11, 2022
Live news from January 11: Powell calls high inflation a ‘severe threat’ to Fed’s employment goals, Griffin sells $1.15bn Citadel Securities stake to Sequoia and Paradigm, Djokovic released from detention
US proposes limiting coverage for Biogen’s Alzheimer’s drug
...In a draft decision published on Tuesday, the Centers for Medicare & Medicaid Services said its thorough review process that found that while there may be potential for promise with the treatment, there...
January 11, 2022
Legal services
Creative practitioners crack tough legal challenges
...Working with a coalition of drug manufacturers and the Centers for Medicare and Medicaid Services (CMS), a federal agency, she has developed an innovative pricing model for cell and gene therapies that allows...
December 10, 2021
News in-depthPharmaceuticals sector
US imposes strict curbs on contentious Biogen Alzheimer’s treatment
...The Centers for Medicare & Medicaid Services issued a formal decision on Thursday limiting reimbursement for Biogen’s drug to just a few thousand patients enrolled in clinical trials rather than the estimated...
April 8, 2022
Live news from December 20: Davos meeting next month scrapped amid Omicron concerns, Turkish lira gyrates as Erdogan vows ‘no going back’ from rate cuts, Moderna booster produces strong antibody response against Omicron
Biogen halves price of Alzheimer’s drug as sales fall short
...The unusual price cut comes as the US Centers for Medicare and Medicaid Services is considering whether to cover the drug in Medicare, the programme for senior citizens....
December 20, 2021
FirstFT
FirstFT: Nato states agree to supply heavy weapons to Ukraine
...Strict curbs put on Biogen’s Alzheimer’s treatment The Centers for Medicare & Medicaid Services has upheld an earlier draft ruling restricting access to Biogen’s Alzheimer’s treatment Aduhelm....
April 8, 2022
US politics & policy
US Supreme Court halts Joe Biden’s Covid vaccine mandate for employers
...The healthcare worker mandate was issued not by Osha but by the Centers for Medicare and Medicaid Services, which has authority over funding for federal health programmes....
January 13, 2022
Biogen Inc
Biogen halves price of Alzheimer’s drug after sales fall short
...The unusual price reduction comes as the US Centers for Medicare and Medicaid Services is considering whether to cover the drug within Medicare, the programme for senior citizens....
December 20, 2021
Coronavirus: NY state and Washington mandate jabs for healthcare workers — as it happened
Americans rush to sign up for healthcare deadline
...“We’ve seen even in the last couple of weeks increased interest in enrolment,” said Chiquita Brooks-LaSure, Centers for Medicare and Medicaid Services administrator....
August 15, 2021

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