Pharma giant Merck will restructure its manufacturing and supply network, which will include facility closures and layoffs that will cost up to $1.2 billion to implement, according to Endpoints News.
Pharmacy
AmEx Pharmacy is recalling one lot of Bevacizumab injectable, used to treat macular degeneration and diabetic retinopathy, due to a defective delivery system that has resulted in two adverse events.
Retail pharmacy is now dominated by such players as CVS, Walgreens and Rite Aid, but that was not always the case. Before those chains embarked on a merger and acquisition spree, there were several drugstore chains that were staples in…
Two whistleblowers claim that Questcor Pharmaceuticals, now part of Mallinckrodt, bribed physicians and staff to boost sales of its $39,000 drug, according to newly unsealed court documents obtained by CNN.
Pharmacy benefit managers in Michigan overcharged the state's Medicaid program by at least $64 million, a new report by the Michigan Pharmacists Association and 3 Axis Advisors claims.
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Below are five of the top pharmacy stories published by Becker's Hospital Review in April, beginning with the most popular:
Takeda Pharmaceutical has agreed to a pay-for-performance deal in Europe for its expensive gene therapy used to treat a complication of Crohn's disease, according to Nikkei Asian Review.
It has been almost three weeks since a trial wrapped up against five former Insys Therapeutics executives accused of bribing physicians to prescribe a powerful opioid painkiller, and there is still no jury verdict, according to Bloomberg.
Amgen and Astellas Pharma will pay nearly $125 million to resolve allegations that they illegally used copay assistance foundations to encourage Medicare patients to buy their drugs, the U.S. Justice Department said last week.
Schnucks Markets Inc., a grocery chain based in St. Louis, opened its ninth specialty pharmacy in Moline, Ill., April 29, according to Winsight Grocery Business.