Pharmacy

Amazon selected Nader Kabbani, a 14-year company veteran, to run its new pharmacy business, CNBC reports.

Firdapse, a formerly inexpensive drug that treats a rare autoimmune disorder, received a new annual $375,000 price tag in December, prompting one patient to begin rationing the medication that enables her to walk, according to a CNN report.

Seven pharmaceutical executives, representing $140 billion in U.S. revenue, testified before the Senate Finance Committee Feb. 26.

Like the rest of healthcare, the practice of hospital pharmacy has undergone dramatic change over the past half century. Today, hospital executives rely on the pharmacy as a strategic partner and a vital part of the patient care team.

Seven pharmaceutical executives are testifying before the Senate Finance Committee answering long-standing questions about skyrocketing drug prices in the U.S.

Macleods Pharmaceuticals has recalled one lot of the blood pressure medication Losartan after discovering trace amounts of a cancer-causing impurity in the product.

The FDA's decision to grant additional exclusivity to Eagle Pharmaceuticals' cancer treatment Treanda could cost the public $3 billion, according to Regulatory Focus.

Hy-Vee, a grocery store chain with more than 245 stores in the Midwest, has acquired all 10 Weber & Judd pharmacies in Minnesota, continuing its pharmacy takeover, according to Winsight Grocery Business.

The "wacky" rebate system is one of the main reasons drug prices remain high in the U.S. for patients, FDA Commissioner Scott Gottlieb, MD, told CNBC.

Seven pharma executives will testify Feb. 26 before a U.S. Senate Finance Committee investigating the reasons for escalating prescription drug costs.