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Pharmacy

Gretchen Liu, a 78-year-old patient, was prescribed telmisartan two years ago to manage her blood pressure after a transient ischemic attack, also known as a mini stroke. A 90-day supply cost her $285 with insurance, when the drug itself was…

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Despite opposition from pharmacy benefit managers, HHS Secretary Alex Azar said his agency has the power to eliminate prescription drug rebates — a key element in the prescription medicine cost debate, Reuters reports.

After five months on the job, Gilead Sciences CMO Andrew Cheng, MD, is leaving — joining the growing number of top executives to depart the biotech company in the last seven months, according to the San Francisco Business Journal.

Under a new program targeting rising drug prices, CVS Caremark, the pharmacy benefit management arm of CVS Health, will allow its clients to drop coverage of drugs with extremely high launch prices, according to The Hill.

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