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The Latest Breaking News from Prescription Drug

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

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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

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.

Chicago Sun-Times

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

Evening Standard

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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

Chicago Sun-Times

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

The Independent UK

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.

Fortune

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).

The Independent UK

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.

Tribune News Service

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

The Independent UK

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

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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…

Los Angeles Times

Editorial: FTC crackdown on GoodRx sends a message that private consumer data must be protected

Since 2017, GoodRx has helped millions of people find deals on prescription drugs via an app and website. But what its customers may not have known is that the Santa Monica-based health company had also been sharing information about their prescriptions and illnesses with third parties such as Google and…

USAFacts

State of the Union 2023: Data and context behind Biden’s address

Biden highlighted legislative achievements from his past two years and described his economic, health, climate, and safety priorities moving forward. Here are the facts and data.

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The Independent UK

FTC fines GoodRx for unauthorized sharing of health data

The Federal Trade Commission has imposed a $1.5 million penalty on telehealth and prescription drug discount provider GoodRx Holdings Inc. for sharing users’ personal health data with Facebook, Google and other third parties without their consent

Fortune

Mixing prescriptions and over-the-counter medicines can be dangerous—especially for older adults. Here's how to protect your health

Even seemingly harmless over-the-counter medicines can interfere with prescription drugs making for an unsafe combination

Asharq Al-Awsat

Amazon Launches a Subscription Prescription Drug Service

Amazon is adding a prescription drug discount program to its growing health care business. The retail giant said Tuesday that it will launch RxPass, a subscription service for customers who have Prime memberships.

The Independent UK

Amazon launches a subscription prescription drug service

Amazon is adding a prescription drug discount program to its growing health care business

Tribune News Service

Editorial: Delay in making naloxone an over-the-counter drug to counter opioid overdoses was deadly

It's been six years since a startling story in The New York Times detailed how fatal opioid overdoses were tearing through rural regions of the United States "like a plow through soil." The report came as the nation was beginning to grasp that it faced the deadliest wave of drug…

The Conversation

How the pharmaceutical industry uses disinformation to undermine drug price reform

Canada’s drug prices are the fourth highest in the developed world. Despite this, Innovative Medicines Canada (IMC), the lobby group for Big Pharma, put out a call in November 2022 for the Canadian government to suspend consultations on guidelines aimed at lowering prescription drug prices.

Tribune News Service

States challenge Biden to lower drug prices by allowing imports from Canada

The Biden administration is facing mounting pressure from states to let them import medicine from Canada to help lower prescription drug costs.

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