The Government Accountability Office (GAO) recently conducted a study of a pharmacy benefit pilot program the U.S. Department of Defense (DOD) offers to beneficiaries of Tricare, a health care plan for veterans and active military members. Read More »
GlaxoSmithKline Pharmaceuticals' (GSK) acquisition of Novartis Healthcare's vaccines business is complete, and GSK has sold its marketed oncology portfolio to Novartis India, while Novartis retains its influenza vaccine. Read More »
The malaria drug Daraprim, which sold in August for $13.50 a pill, underwent a price hike of more 5,000 percent to $750 per tablet last month. Read More »
Walgreens drugstores nationwide are now accepting new credit cards containing Europay, Mastercard and Visa (EMV) chips, touted as higher-security technology, which means things will be a little different at registers. Read More »
Generic drugs are inexpensive when there is competition, but less so when conditions on the supply side of the generic-drug market hamper competition, which is exactly what’s happening in the wholesale drug industry, Devon Herrick, senior fellow at the National Center for Policy Analysis, said. Read More »
Baxalta Inc. announced that it has submitted an application to the U.S. Food and Drug Administration (FDA) for approval of an investigational 20 percent concentration immunoglobulin subcutaneous treatment. Read More »
The U.S. Food and Drug Administration (FDA) on Tuesday allowed marketing of a new hearing aid that uses a laser diode and direct vibration of the eardrum to amplify sound. Read More »
The U.S. Food and Drug Administration (FDA) and Novo Nordisk on Sept. 25 announced the approval of two products containing the long-acting human basal insulin and analog insulin degludec, to improve blood glucose control in adults with type 1 or 2 diabetes. Read More »
Package of 15 medicines for chronic diseases will be sold for $1 per treatment per month Read More »
CVS Health said on Wednesday that it is partnering with top startup accelerator MassChallenge in Boston and digital health venture fund Rock Health in San Francisco to spur innovation and expand areas of focus for connected health solutions. Read More »
After the Senate Judiciary Committee's Subcommittee on Antitrust, Competition Policy and Consumer Rights held a hearing on consolidations in the health insurance industry late last week, National Community Pharmacists Association (NCPA) CEO B. Douglas Hoey released a statement. Read More »
A Lincoln pharmacist pleaded guilty on Tuesday to health care fraud, admitting he cheated Nebraska's Medicaid program out of $14.4 million. Federal prosecutors said Scott Tran, owner of Tran Pharmacy, submitted hundreds of claims for TOBI, a tobramycin solution used in inhalers for cystic fibrosis patients, in the names of his customers' children. Read More »
A new report recently released by the National Center for Policy Analysis (NCPA) that examined generic-drug price increases found that drug wholesalers and independent drugstores profit from higher generic prices. Read More »
Bristol-Myers Squibb launched its WorkingTogetherforPatients.com website on Monday as part of its Global Patient Week celebration.The new website shares stories of inspiration and connects with patients who are at the core of Bristol-Myers Squibb's mission. Read More »
Teva Pharmaceutical Industries Ltd. and Gecko Health Innovations said late last week that they have entered into a definitive agreement in which Teva will acquire Gecko. Read More »
Smith Drug Co. recently announced the appointment of a new senior vice president of pharmacy solutions, Brian Purscell. Read More »
According to a recent study that was published in the Journal of the American Society of Health-System Pharmacists, regular pharmacist involvement improves the outcome of HIV cases. Read More »
DirectRx, based in Troy, Michigan, recently received accreditation from the Accreditation Commission for Health Care. Direct Rx is an independent specialty pharmacy, and the Accreditation Commission for Health Care (ACHC) is a national organization developed by homecare and alternate-site health care industry providers. Read More »
BD Life Sciences said late last week that it has completed its acquisition of Cellular Research, Inc.Cellular Research has developed advanced tools for massively parallel, single-cell genetic analysis based on its proprietary molecular Indexing technology, which enables gene-expression profiles from single cells Read More »
New types of insulin meant to improve blood sugar control in adults. Read More »
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