Hints and tips:
...But while Moderna’s phase 1 study showed its vaccine was safe and produced a robust antibody response, making it confident to proceed to the next stage of trials, some investors were disappointed....
...Following the FDA’s full approval of the Pfizer jab, “we can be confident that the . . . vaccine is safe and effective”, Bastian told staff. “The time for you to get vaccinated is now.”...
...The intervention prompted Walgreens and CVS, two of the country’s largest pharmacy chains, and several US states to immediately stop administering doses made by J&J....
...Pharmaceutical companies raised prices on 1,376 drugs by an average of 5.8 per cent on January 1, according to data from RX Savings Solutions, which sells software to help employers and other health insurance...
...Meanwhile customers in Brazil will be able to order from a range of pharmacies and pet stores, starting in São Paulo. Pricing of the items available on Uber Eats will be set by retailers....
...“The vast discrepancy in what a drug costs the pharmacy and the amount it is sold for to the patient is pure profit for someone in the supply chain,” says Michael Rea, chief executive of Rx Savings Solutions...
...The listed pharmacy group carries about $15bn in net debt, accounting for about one-fifth of its enterprise value....
...added smaller pharmacy chains....
...In the first quarter of this year, thousands of drugs rose by an average of 10 per cent, according to data compiled by RX Savings Solutions, which sells software that tracks pharmacy prices....
...Many are likely to point the finger at pharmacy benefit managers, the companies that administer drug programmes for insurers....
...There are civil suits against much larger companies including Johnson & Johnson and Teva, as well as distributors and pharmacies....
...own pharmacy from scratch....
...Stymie competition Pharmacy benefit managers, which control drug spending for insurers and employers, keep a list of the drugs they are willing to pay for....
...“What if we took on this system directly, by having the federal government re-examine the current safe harbour for drug rebates under the anti-kickback statute?” he asked....
...This article has been amended since it was first published to correct the owners of Caremark and Optum Rx...
...“I think there’s plenty of opportunity for impactful efficiency measures to be put in place to control drug prices in this country,” says Michael Rea, chief executive of Rx Savings, which makes software...
...(Bloomberg) Medicine's middle men How US pharmacy benefit managers affect medication costs and patients’ access to treatments....
...“In my opinion, this is the latest example of a pharma bad actor cornering the US market and taking advantage of payers and consumers,” said Michael Rea, chief executive of Rx Savings, which makes software...
...Today, there are other, perfectly safe, generic versions of the drug, but physicians are still spooked by the episode and some continue to prescribe branded Wellbutrin, which is made by Valeant, a Canadian...
...It has faced scrutiny for its relationship with specialty pharmacies such as Philidor Rx, with which it cut ties in late October....
...FDA recently approved two of the drugs — Repatha, made by Amgen, and Praluent, made by Sanofi and Regeneron — for people who have had a heart attack or stroke but cannot reduce their LDL cholesterol to safe...
...After it obscured its relationship with a specialty pharmacy group, the company’s bonds maturing in 2025 slumped by more than a fifth before rebounding....
...UnitedHealth said it would acquire Catamaran Rx, the fourth-biggest US pharmacy-benefits manager, for $61.50 per share in cash and combine it with OptumRx, its own pharmacy business....
...UnitedHealth, which is offering $61.50 a share, is planning to merge Catamaran with its Optum Rx unit, the sector’s number three....
..., chief medical officer at Express Scripts, a pharmacy benefits manager....
International Edition