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The Latest Breaking News from Prescription Drug

Americans overwhelmingly support Medicare drug negotiations, but Biden sees little political boost

A new AP-NORC poll shows that 76% of Americans favor allowing the federal health care program for the elderly to negotiate prices for certain prescription drugs

The Independent UK

The share of U.S. drug overdose deaths caused by fake prescription pills is growing

The share of overdose deaths involving counterfeit pills doubled between 2019 and 2021, according to the CDC. Victims were often younger, Hispanic and had misused prescription drugs in the past.

WEKU

Biden targets Jardiance, Eliquis and 8 other prescription drugs for Medicare price talks

President Joe Biden says for many Americans the cost of one drug can be “the difference between life and death” as his administration announces the first drugs that’ll be targeted for price negotiations in an effort to cut Medicare costs.

Chicago Sun-Times

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US names 10 prescription drugs subject to price negotiations

Move is expected to cut costs for some patients but faces lawsuits from drugmakers and heavy criticism from Republicans.

Al Jazeera

How to choose a Medicare Part D prescription drug plan

Taking the time to figure out which plan is right is vitally important for the 53 million Medicare beneficiaries with prescription drug coverage.

Fortune

Nearly half of US adults are interested in taking weight loss prescription drugs, survey finds

Ozempic, a once-weekly semaglutide injection, has grown in popularity for its weight loss side effects

The Independent UK

What's a fair price for a prescription drug? Medicare's about to weigh in

Medicare soon will start something it hasn't done in its 58-year history: Negotiate on drug prices. On Sept. 1, Medicare will target the first 10 drugs for price negotiations.

WEKU

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What you need to know about the drug price fight in those TV ads

In recent months ominous ads about prescription drugs have flooded the TV airwaves. Perhaps by design, it’s not always clear who’s sponsoring the ads or why.

Tribune News Service

South Dakota governor prods Washington to address national drug shortages

As the U.S. struggles with prescription drug shortages, South Dakota Gov. Kristi Noem has advanced a modest plan that she hopes will prod Washington to address weaknesses in the international pharmaceutical supply chain

The Independent UK

What to know about the drug price fight in those TV ads

At least nine bills introduced in Congress take aim at pharmacy benefit managers, the powerful middlemen that channel prescription drugs to patients. Here's what the fuss is all about.

WEKU

Dozens in 16 states charged with health care fraud schemes, including $1.9B in bogus claims

The Justice Department has charged dozens of people in several health care fraud and prescription drug schemes

The Independent UK

CVS Health (CVS) vs. MedAvail Holdings (MDVL): Which Is the Better Buy?

The drug store industry is well positioned for long-term growth thanks to the growing demand for prescription drugs. Let’s compare CVS Health (CVS) and MedAvail (MDVL) in this space to determine which is better positioned to capitalize on the industry’s solid growth prospects….

StockNews.com

Are US prescription drug prices 10 times those of other nations? Only sometimes

“We pay by far the highest prices in the world for prescription drugs, in some cases 10 times more than the people of any other country.”

Tribune News Service

A Colorado panel of medical and pharmacy experts will decide whose medicine to make affordable this summer

Starting this summer, Colorado's Prescription Drug Affordability Board will choose up to 18 high-cost drugs for review.

Fortune

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Chicago Sun-Times

Lawmakers can keep health care and prescription drugs affordable

Our representatives in Springfield should turn their attention to the big drug companies that continue to profit off the backs of hard-working families.

Evening Standard

Lena Dunham marks five years of sobriety following prescription drugs addiction

The 36-year-old became addicted to prescription drugs following a hysterectomy in 2017

Chicago Sun-Times

How Illinois has taken steps to lower prescription drug prices

In only four states do residents spend more on drugs than the Land of Lincoln. The health care industry faces a monopoly problem, not a market problem

The Independent UK

Influencer calls out advertisements for weight-loss drugs in New York City subway stations: ‘Dystopian’

‘Not only do we advertise prescription drugs in the US, we paper the stairs of the train with them,’ influencer says

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Fortune

Medicare Advantage plans seem enticing, but here are 12 things to know before signing up

Medicare Advantage plans are an increasingly popular alternative to Traditional Medicare, but you need to be careful before signing up.

The Independent UK

Watch as Biden speaks on plan to lower prescription drug costs

Watch as Joe Biden discusses prescription drug costs during a visit to Nevada on Wednesday (15 March).

Tribune News Service

Despite pharma claims, illicit drug shipments to US aren’t full of opioids. It’s generic Viagra

For years, the FDA has defended its efforts to intercept prescription drugs coming from abroad by mail as necessary to keep out dangerous opioids, including fentanyl.

The Independent UK

WeightWatchers gets into prescription weight loss business

WeightWatchers' stock is soaring after the company said it is getting into the prescription drug weight loss business with the acquisition of Sequence

Tribune News Service

Biden previews Medicare drug price, tax increase proposals

WASHINGTON — President Joe Biden on Tuesday said he’ll propose increasing taxes on some upper-income business owners and expanding prescription drug cost controls enacted in last year’s budget reconciliation package as a means of lowering federal deficits and extending Medicare’s solvency.

Tribune News Service

Commentary: Want to make drugs, including insulin, affordable? End patent abuse

Drugmaker Eli Lilly on Wednesday said it will drop prices on some versions of insulin, and cap monthly out-of-pocket costs at $35 per product for insured individuals not covered by Medicare’s prescription drug program, which also maintains a $35 cap. The welcome move comes as lawmakers in both major parties…

Tribune News Service

A bitter battle over the ‘orphan drug’ program leaves patients’ pocketbooks at risk

A prescription drug that helps Lore Wilkinson walk and talk despite a rare muscle disease cost her so little for more than a decade that she didn’t even use her insurance to pay for it. But now, her Medicare insurance is shelling out about $40,000 for a one-month supply of…

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