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The state of hospital pharmacies in 2024: 10 notes
In 2024, healthcare pharmacy executives are focused on standardizing their formularies and streamlining drug purchasing, according to 275 hospital pharmacy leaders surveyed by Bluesight. -
California drugmaker weighs sale
Janux Therapeutics, a biopharmaceutical company based in San Diego, is considering selling the business and other options, people with knowledge of the matter told Bloomberg. -
Drug shortages hit 23-year high: ASHP
The number of ongoing drug shortages in the U.S. is at its highest since 2001 — when the American Society of Health-System Pharmacists began tracking data. There are now 323 medications in low supply. -
RSV vaccine is safe for young, middle-aged adults: Pfizer
The U.S. might soon see an approved respiratory syncytial virus vaccine for adults younger than 60. -
The pros and cons of MA's biosimilar rule, per 1 pharmacist group
Biosimilars can now be substituted as part of regular formulary maintenance changes, according to CMS' Medicare Advantage and Part D Final Rule for 2025. However, the change could significantly increase patient cost sharing, according to an article on the American Society of Health-System Pharmacists website. -
Top PBMs by 2023 market share
Three pharmacy benefit managers accounted for nearly 80% of all prescription claims handled in 2023, according to an April 9 report from the Drug Channels Institute. -
How pharmacy miscommunication can result in patient death: Case study
A jury awarded $42.4 million to the estate of a patient who died after staff failed to get the patient's baclofen prescription filled in a timely manner, a case study posted on the American Pharmacy Association website said. -
25 drugs at Mark Cuban's online pharmacy with biggest cost reductions
Customers of Mark Cuban Cost Plus Drug Co.'s mail-order pharmacy can now save more than $20,000 on the cancer drug everolimus. -
Kaiser pharmacists secure mid-contract wage increases
UFCW 3000, a union representing about 50,000 workers at health systems, retail stores and other businesses in three states, said it secured wage increases for some Kaiser Permanente employees. -
New York drugmaker files for bankruptcy
Acorda Therapeutics filed for Chapter 11 bankruptcy April 1. -
Pharmacist pay by state
The average pharmacist's salary in the U.S. is $134,790, and 15 states and Washington, D.C., are above the average, according to the most recent data from the Bureau of Labor Statistics. -
HHS 'misses the mark' in drug shortage proposal, ASHP says
The American Society of Health-System Pharmacists partly welcomed HHS' 18-page policy recommendations for drug shortage strategies, but the organization said it "proposes concerning penalties." -
Amylyx to swipe ALS from market after study failure
Amylyx Pharmaceuticals is withdrawing its FDA-approved therapy for amyotrophic lateral sclerosis, Relyvrio, from the market after a phase 3 study failure, the company said April 4. -
CVS Caremark leader jabs Cost Plus Drugs; Mark Cuban responds
David Joyner, executive vice president of CVS Health and president of CVS Caremark, called out Mark Cuban's drug company in a paid op-ed Fortune published April 3. -
5 top-paying industries for pharmacists
On average, general hospitals pay pharmacists more than retailers, but both industries are not among the five highest paying for the profession, according to data from the Bureau of Labor Statistics. -
FDA approves antibiotic for 3 uses
On April 3, the FDA approved Zevtera, an antibiotic with three different uses. -
CVS expands financial assistance for pharmacy students
CVS Health on April 3 unveiled a new tuition assistance program for pharmacy interns and a scholarship program for students in pharmacy school. -
A 'crystal ball prediction' for more 340B protections: ASHP expert
More than 25 states have enacted laws designed to protect against pharmacy benefit managers' discriminatory practices in the 340B program, the American Society of Health-System Pharmacists said April 2. -
HHS pitches rewards for hospitals with drug shortage solutions
Every year, U.S. hospitals spend at least $600 million to mitigate drug shortages, according to HHS. On April 2, the department proposed financial incentives for hospitals with resilient drug supplies. -
3 drugmakers announce recalls
In the past week, three pharmaceutical companies have recalled medications because of patient safety concerns.
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