Civica Rx and Exela Pharma Sciences are teaming up to manufacture and supply hospitals with sodium bicarbonate injection, which has been in critically short supply.
Pharmacy
Medicare would be able to directly negotiate prices on 250 drugs under a bill proposed by House Speaker Nancy Pelosi, according to The Washington Post.
Eric Kinariwala is the CEO and founder of Capsule, a holistic online digital pharmacy based solely in New York City that is working to rebuild the pharmacy from the inside out.
A record number of laws have been passed by states this year to increase affordability and access to prescription drugs, according to Kaiser Health News.
The FDA approved Sept. 6 the first treatment for a rare interstitial lung disease associated with systemic sclerosis or scleroderma.
Hospira is recalling one lot of its bacteriostatic water, used to dilute or dissolve medications for injection, due to contamination concerns.
Novartis, under fire for keeping data issues secret for months, pledged to more quickly notify the FDA about data manipulation concerns affecting pending marketing applications, STAT reported.
Mallinckrodt agreed in principle Sept. 6 to a $30 million deal to settle an opioid lawsuit filed against them by two Ohio counties, according to TheStreet.
The Sackler family, owners of Purdue Pharma, refused to surrender $4.5 billion in personal wealth to settle opioid claims against the company, which is now expected to file for bankruptcy, according to NPR.
In response to criticism over the escalating prices of insulin, Danish drugmaker Novo Nordisk announced two programs to help lower the cost of the drug for U.S. diabetic patients.