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Supply Chain

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Teva Pharmaceutical Industries, an Israel-based generic drugmaker, surprised the drug industry by requesting to join the Pharmaceutical Research and Manufacturers of America, a powerful trade association for drug companies producing brand-name medicines, according to The New York Times.

While drug coupons allow customers to immediately save money on costly medicines, they keep prices high in the long run, Charles Ornstein writes in an editorial for ProPublica.

Cape Medical Supply, a local supplier of oxygen therapy for homebound patients in Nantucket, Mass., withdrew services for new patients on the island, citing extreme cuts in Medicare reimbursement, according to Cape Cod Times.

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