Pharma giant Bayer will shut down operations at its last facility in Mishawaka, Ind., resulting in 194 employees losing their jobs, according to the South Bend Tribune.
Pharmacy
In 2018, pharmacy benefit managers for Kentucky's Medicaid program used a common pricing tactic to reap $123.5 million in hidden fees, according to a new state report cited by Bloomberg.
After coming under pressure from activist hedge fund Starboard Value, U.S. health plan and pharmacy benefit manager Magellan Health will explore selling itself, according to Reuters.
In the last year, several lawmakers have proposed importing prescription drugs from Canada in an effort to lower U.S. drug costs. As the idea gains momentum in Congress, Canadian health experts are issuing a dire warning: The proposal could destroy…
Drugmaker Merck will acquire oncology company Immune Design for $300 million in cash.
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Express Scripts Holding, a pharmacy benefit manager and specialty pharmacy, is still seeking the $20 million it won in a court judgment in January, according to St. Louis Today.
The amount the U.S. spends on prescription drugs is expected to grow at an accelerated rate in the next 10 years. By 2020, spending on prescription drugs is projected to grow as much as 6.1 percent annually, according to an…
Pharmaceutical companies are required by federal law to include both major and minor side effects in their direct-to-consumer advertising of medications. However, including a plethora of side effects may prevent consumers from weighing the major risks, a new study suggests.
Entering the expanding market of specialty pharmacy services can produce many benefits for health systems, such as improved patient medication adherence, better care outcomes and higher levels of patient satisfaction. However, building a specialty pharmacy program is no easy feat.
The FTC has settled three separate claims with Teva Pharmaceuticals over the generic drugmaker's "pay-to-delay" deals that the agency says impede patient access to lower-priced generic drugs, according to Reuters.