Bayer will close its campus in Robinson, Pa., affecting more than 600 jobs, according to The Pittsburgh Post-Gazette.
Pharmacy
The Nebraska Department of Health and Human Services revoked the pharmacy license of a former pharmacy director at Children's Hospital & Medical Center accused of embezzling $4.4 million from the hospital, according to the World-Herald News Service.
After three years of stability, the number of new drug shortages in the U.S. climbed 27 percent in 2018, according to a new analysis cited by STAT.
Walmart will remain part of CVS Health's pharmacy benefit management network, ending a contract impasse between the two retail pharmacy giants.
The FDA is working to increase access and lower the cost of the lifesaving opioid overdose antidote naloxone by making it easier for drugmakers to produce over-the-counter versions of the medication.
Retail pharmacy chain Rite Aid will pay $177,000 to resolve allegations that it violated Massachusetts law by accepting cash payments from Medicaid recipients for controlled substances instead of billing the agency "in a limited number of instances," according to The…
Becker's Hospital Review has reported five drug company layoffs in the last two weeks. They are listed below, beginning with the most recent.
After spending more than 10 years with Methodist Dallas Medical Medical Center as vice president of operations and director of pharmacy, Jon Albrecht, RPh, was appointed to vice president of pharmacy for the Methodist Health System in summer of 2018.
Steve Ubl, CEO of the Pharmaceutical Research and Manufacturers of America, said he remains "hopeful" the Trump administration will reconsider its proposal to lower drug prices, according to The Hill.
Allergan and the St. Regis Mohawk Tribe will continue their legal battle in defense of a patent agreement struck in 2017, appealing a lower court decision to the U.S. Supreme Court, according to STAT.