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Hospital pharmacy news, drug costs and specialty pharmacy trends

Becker’s reports on drug prices, shortages and the specialty pharmacy programs health systems are building. Coverage extends to 340B policy, pharmacy staffing and the distribution models.



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Mark Cuban Cost Plus Drug Co. considered selling insulin but found the price doubled with shipping costs, CEO and co-founder Alex Oshmyansky, MD, PhD, said June 13 at the AHIP conference. 

Amid a shortage of amoxicillin and penicillin — the two main antibiotics for strep infections, which rose in early 2023 — Pfizer said it has "limited supply and [an] impending stock out situation" for some of its penicillin prefilled syringe…

Sanofi announced its latest endeavor into AI technologies with the use of an internal app, which company CEO Paul Hudson says is a move to align with its aim to become the "first pharma company powered by artificial intelligence at…

An over-the-counter topical treatment for men with erectile dysfunction on May 12 was authorized by the FDA for marketing. Futura Medical's Eroxon gel can now be marketed as a de novo medical device.

Novo Nordisk's Type 2 diabetes drug Ozempic (semaglutide) shot up in popularity for its off-label use for weight loss. Here are six recent updates on the drug: 

Novartis announced June 12 that it will acquire Chinook Therapeutics, a Seattle-based biopharmaceutical company that develops novel kidney medicines, for a total value of $3.5 billion.

Francis deSouza, CEO of San Diego-based biotech company Illumina, stepped down from the role June 11 and will be an adviser through July. 

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