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Pharmacy

The FDA has approved 13 novel medicines in 2019, compared to 2018 when there were 20 new molecular entity approvals by July 1, according to the Eye on FDA blog. 

Cardinal Health's CFO Jorge Gomez will step down from his role Aug. 9 to join Dentsply Sirona, a dental products maker, according to The Wall Street Journal. 

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Illinois paid $4.7 million to more than 70 independent pharmacies to help offset inadequate reimbursement from filling prescriptions for Medicaid beneficiaries, according to The State Journal-Register. 

Acer Therapeutics, a rare-disease drugmaker, has cut 60 percent of its workforce two weeks after the FDA refused to approve its lead drug candidate Edsivo for a rare connective tissue disorder.

President Donald Trump said he is preparing an executive order to lower prescription drug prices in the U.S. to the lowest price paid among other developed countries, according to CNBC.  

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