#drug-pricing

#drug-pricing

The FTC is suing three PBMs for allegedly inflating insulin prices, impacting many Americans reliant on the drug.

Federal regulators accuse major pharmacy benefit managers of driving up insulin costs and limiting access to cheaper versions, impacting millions of diabetes patients.

New bipartisan legislation seeks to prevent health insurers from owning pharmacies, targeting the monopolistic power of pharmacy benefit managers.

If enacted, this legislation could disrupt the current healthcare market dominated by a few conglomerates. The effort highlights ongoing concerns about drug pricing and transparency.

Affordability in healthcare is critically impacted by Pharmacy Benefit Managers' control over drug pricing.

Pharmacy Benefit Managers are fighting the FTC's lawsuit to maintain their practices amid accusations of anticompetitive behavior regarding insulin.

The FTC's investigation on PBMs reveals market concentration and profit generation issues, impacting drug costs and independent pharmacies negatively.

Wegovy's price in China is substantially lower than in the US, highlighting global disparities in drug pricing.

The U.S. healthcare system's failures unite unlikely political allies like Elon Musk and Bernie Sanders in the fight for affordable medication.

Medicare recipients will save $1.5 billion on medication costs starting in 2026 through negotiated drug prices.

Medicare's new drug price negotiations will provide significant savings for older adults, impacting 10 commonly used and expensive medications.

Medicare negotiation will save recipients $1.5 billion on medications starting in 2026.

Biden and Sanders urge Novo Nordisk and Eli Lilly to lower prices of weight loss drugs for American patients.

The Biden administration announced significant drug price negotiations under Medicare, but actual savings and system impact may take time to realize.

The future of Medicare drug price negotiation under Biden faces uncertain prospects with the incoming Congress's Republican control.

The upcoming election could dramatically influence healthcare policy affecting millions of Americans.

Two-thirds of Americans believe healthcare deserves more focus in the election discussions.

Most popular drug pricing proposals may only slightly reduce costs; systemic change is needed.

Single policy won't suffice—multiple strategies necessary to control drug prices.

Ozempic is likely to be included in upcoming drug price negotiations with the US government.

Ozempic is expected to be included in upcoming negotiations for price reductions under the US government's new drug pricing policies.

Medicare drug negotiations will significantly lower the cost of 10 high-cost drugs for enrollees, saving billions in coming years.

Medicare's first direct negotiations resulted in significant price cuts on essential drugs, promising substantial savings for both the program and beneficiaries.

Drug pricing reforms may hinge on the outcome of the upcoming election.

Kamala Harris aims to expand drug negotiation policies and fund long-term care through savings.

Trump's approach to drug pricing is uncertain, having changed his stance on key issues.

Pharmaceutical companies interpret negotiated drug prices as manageable, influencing future drug development despite initial fears of drastic changes.

The USPTO should enhance examination practices for continuation applications while leaving policy decisions about patent thickets to Congress.

Activists are urging the FDA to engage more in patent examination processes, but this initiative faces opposition from the U.S. Chamber of Commerce.

Senator Tillis questions FDA and USPTO on data supporting drug pricing proposals, emphasizes need for accurate information.

The U.S. pays significantly higher prices for Ozempic and Wegovy compared to other countries, prompting scrutiny from Senate leaders.

Novo Nordisk CEO faced scrutiny in Congress over drug pricing and its moral implications for patients, especially in relation to high prices and access to medication.

The U.S. Chamber opposes price controls, claiming they hinder innovation and access to medications amid scrutiny of rising drug prices.

The chief executives of Johnson & Johnson, Merck, and Bristol Myers Squibb are set to testify in front of the Senate health committee regarding drug pricing in the US.

Senator Bernie Sanders plans to focus the hearing on why drug prices are higher in the US compared to other wealthy countries.

The hearing coincides with the launch of a new federal program that authorizes Medicare to negotiate the prices of some costly medications.

CEOs of three major pharmaceutical companies to testify before Senate health committee on drug pricing in the US.

The executives are expected to clash with committee chair Bernie Sanders over high drug prices in comparison to other countries.