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Prescription Drugs

2022-04-27 21:47:17
by Tom Ramstack
Lawmakers Say Consulting Firm Marketing Contributed to Half-Million Opioid Deaths

WASHINGTON — A congressional panel cast suspicions on a global business consulting firm Wednesday as a potential villain in the... Read More

WASHINGTON — A congressional panel cast suspicions on a global business consulting firm Wednesday as a potential villain in the opioid epidemic that has killed more than a half-million Americans. A McKinsey & Co. official admitted to earning at least... Read More

2022-04-19 15:34:32
by Dan McCue
Supreme Court Seeks Solicitor General Input on Biologic Drug Patents

WASHINGTON — The U.S. Supreme Court on Monday asked Solicitor General Elizabeth Prelogar to weigh in on a drug patent... Read More

WASHINGTON — The U.S. Supreme Court on Monday asked Solicitor General Elizabeth Prelogar to weigh in on a drug patent case the outcome of which could ultimately be worth billions of dollars. The case, Amgen v. Sanofi, emanates from the... Read More

House Passes $35-a-Month Insulin Cap as Dems Seek Wider Bill

WASHINGTON (AP) — The House has passed a bill capping the monthly cost of insulin at $35 for insured patients,... Read More

WASHINGTON (AP) — The House has passed a bill capping the monthly cost of insulin at $35 for insured patients, part of an election-year push by Democrats for price curbs on prescription drugs at a time of rising inflation. Experts... Read More

2022-03-30 19:24:06
by Dan McCue
House to Vote on Insulin Price Reduction Bill Thursday

WASHINGTON — The House on Thursday is expected to vote to cap the out-of-pocket cost of insulin for consumers at... Read More

WASHINGTON — The House on Thursday is expected to vote to cap the out-of-pocket cost of insulin for consumers at $35 per month. If also passed by the Senate, which is expected to vote the measure up by Easter, the... Read More

2022-03-19 19:35:00
by TWN
Congressional Panel Takes Deep Dive Into Future of FDA’s Accelerated Approvals

WASHINGTON — The House Energy and Commerce Subcommittee on Health panel Thursday spent the majority of their time considering the... Read More

WASHINGTON — The House Energy and Commerce Subcommittee on Health panel Thursday spent the majority of their time considering the future of the Food and Drug Administration's so-called Accelerated Approval Program. A number of the 20 different health care-related bills... Read More

2022-03-19 19:35:00
by TWN
CMS Decision to Limit Coverage of Alzheimer’s Treatment Takes Center Stage

WASHINGTON — A House panel scheduled to kick the tires on roughly 20 different health care-related bills on Thursday spent... Read More

WASHINGTON — A House panel scheduled to kick the tires on roughly 20 different health care-related bills on Thursday spent time considering the Food and Drug Administration’s decision to grant accelerated approval to the first disease-modifying treatment for Alzheimer’s disease... Read More

2022-03-18 17:47:22
by Dan McCue
Senate Finance Committee Far From Consensus on Drug Price Solution

WASHINGTON — As the Senate Finance Committee waded into the hot-button topic of prescription drug prices on Wednesday two things... Read More

WASHINGTON — As the Senate Finance Committee waded into the hot-button topic of prescription drug prices on Wednesday two things were clear from the outset: everyone agrees something needs to be done to make drugs like insulin more affordable and... Read More

2022-03-08 22:16:30
by Tom Ramstack
Judge Affirms Opioid Judgment Against Major Pharmacy Chains

TRUMBULL COUNTY, Ohio — An Ohio federal judge overseeing a class action lawsuit over the opioid crisis on Monday refused... Read More

TRUMBULL COUNTY, Ohio — An Ohio federal judge overseeing a class action lawsuit over the opioid crisis on Monday refused to overturn a jury verdict that held major pharmacy chains liable for contributing to the addictions and overdoses blamed for... Read More

2022-02-11 22:44:06
by Dan McCue
SC Attorney General Declares ‘Off-Label’ Treatments Cleared for COVID

COLUMBIA, S.C. —  South Carolina doctors have the authority to prescribe “off-label” treatments for COVID-19 so long as their patients... Read More

COLUMBIA, S.C. —  South Carolina doctors have the authority to prescribe “off-label” treatments for COVID-19 so long as their patients consent, the state’s attorney general said in a written opinion on Friday. Attorney General Alan Wilson issued the opinion at... Read More

2022-02-10 20:17:35
by Alexa Hornbeck
Biden Travels to Virginia to Talk Health Care

CULPEPER COUNTY, Va. — President Joe Biden traveled to Culpeper County, Virginia, Thursday delivering remarks intended to revive provisions of... Read More

CULPEPER COUNTY, Va. — President Joe Biden traveled to Culpeper County, Virginia, Thursday delivering remarks intended to revive provisions of his now moribund Build Back Better agenda related to lowering health care costs and, particularly, prescription drug prices. Mindful of... Read More

Shkreli Ordered to Return $64M, is Barred from Drug Industry

NEW YORK (AP) — Martin Shkreli must return $64.6 million in profits he and his former company reaped from jacking... Read More

NEW YORK (AP) — Martin Shkreli must return $64.6 million in profits he and his former company reaped from jacking up the price and monopolizing the market for a lifesaving drug, a federal judge ruled Friday while also barring the... Read More

2021-12-15 21:24:08
by Alexa Hornbeck
House Oversight Committee Releases Drug Pricing Report

The House Oversight Committee recently released a drug pricing investigation report on the need for structural reforms.  “We will continue... Read More

The House Oversight Committee recently released a drug pricing investigation report on the need for structural reforms.  “We will continue our investigation on drugs, the cost of drugs and ways to make [them] more affordable for people. Right now, all... Read More

2021-12-07 17:56:35
by Dan McCue
Touting Reconciliation Bill, Biden Talks Up Prescription Drug Cost Savings

WASHINGTON — President Joe Biden reminded the public on Monday that the big social policy and climate spending bill currently... Read More

WASHINGTON — President Joe Biden reminded the public on Monday that the big social policy and climate spending bill currently in the Senate would deliver significant savings on prescription drugs for all Americans.  The pitch came as Americans and Congress... Read More

2021-11-30 23:02:56
by Dan McCue
FDA Panel Narrowly Approves Merck COVID-19 Pill

WASHINGTON — An advisory panel for the Food and Drug Administration narrowly approved the use of a COVID-19 pill manufactured... Read More

WASHINGTON — An advisory panel for the Food and Drug Administration narrowly approved the use of a COVID-19 pill manufactured by Merck. If the agency accepts the recommendation, molnupiravir would be the first drug Americans could be prescribed and take... Read More

2021-11-24 18:31:59
by Tom Ramstack
Ohio Jury Faults Pharmacies for Spurring Opioid Epidemic

CLEVELAND, Ohio — A landmark jury verdict Tuesday could make major pharmacy chains like CVS, Walgreens and Walmart liable for... Read More

CLEVELAND, Ohio — A landmark jury verdict Tuesday could make major pharmacy chains like CVS, Walgreens and Walmart liable for encouraging the opioid epidemic that kills thousands of Americans each year.  The verdict in federal court in Ohio is the... Read More

2021-11-19 20:56:42
by Tom Ramstack
Lawsuit Against Opioid Companies Blames COVID-19 for Aggravating Crisis

SEATTLE — Testimony this week during a civil trial in Seattle could explain why opioid deaths set a record of... Read More

SEATTLE — Testimony this week during a civil trial in Seattle could explain why opioid deaths set a record of more than 100,000 in a year by last April. The class action lawsuit seeks $95 billion in damages against pharmaceutical... Read More

2021-11-02 20:53:53
by Dan McCue
Schumer, Pelosi, Moderates Strike Deal to Lower Prescription Drug Prices

WASHINGTON — Senate Majority Leader Chuck Schumer, D-N.Y., announced Tuesday that Democrats have reached a deal on legislation to lower... Read More

WASHINGTON — Senate Majority Leader Chuck Schumer, D-N.Y., announced Tuesday that Democrats have reached a deal on legislation to lower prescription drug prices. "It's not everything we all wanted. Many of us would have wanted to go much further, but... Read More

Merck Says Experimental Pill Cuts Worst Effects of COVID-19

WASHINGTON (AP) — Drugmaker Merck said Friday that its experimental COVID-19 pill reduced hospitalizations and deaths by half in people... Read More

WASHINGTON (AP) — Drugmaker Merck said Friday that its experimental COVID-19 pill reduced hospitalizations and deaths by half in people recently infected with the coronavirus and that it would soon ask health officials in the U.S. and around the world... Read More

2021-09-14 21:06:15
by Dan McCue
Moderates Seek Changes to Drug Pricing Proposal

A group of moderate Democrats led by Rep. Scott Peters sought on Tuesday to change the House debate on how... Read More

A group of moderate Democrats led by Rep. Scott Peters sought on Tuesday to change the House debate on how prescription drug prices are set in the U.S., arguing sweeping proposals put forward by progressives could threaten passage of the... Read More

2021-09-09 19:41:12
by Dan McCue
White House Unveils Plan to Cut Prescription-Drug Prices

WASHINGTON -- The Biden administration on Thursday offered the first detailed look at actions the White House may take in... Read More

WASHINGTON -- The Biden administration on Thursday offered the first detailed look at actions the White House may take in conjunction with congressional action to lower prescription drug prices. The 29-page plan, released through the Department of Health and Human... Read More

2021-09-01 17:34:09
by Dan McCue
Kansas Health Officials Urging Residents Not to Take Livestock Drug for COVID

TOPEKA, Kan. - A drug most commonly given to horses and cows as an anti-parasite medicine should not be taken... Read More

TOPEKA, Kan. - A drug most commonly given to horses and cows as an anti-parasite medicine should not be taken by humans to treat or prevent COVID-19, the Kansas Department of Health and Environment said in a Wednesday advisory. Ivermectin... Read More

Judge Set to Rule on Purdue Pharma's Opioid Settlement Plan

A federal bankruptcy judge is expected to rule Wednesday on whether to accept a settlement between OxyContin maker Purdue Pharma,... Read More

A federal bankruptcy judge is expected to rule Wednesday on whether to accept a settlement between OxyContin maker Purdue Pharma, the states and thousands of local governments over an opioid crisis that has killed a half-million Americans over the last... Read More

2021-08-23 20:53:05
by Dan McCue
Poll: NJ Voters Want a Fiscally Responsible Congress to Tackle True Health Care Concerns

Voters in New Jersey’s 5th Congressional District, a traditional swing or battleground district nestled against the southeast portion of New... Read More

Voters in New Jersey’s 5th Congressional District, a traditional swing or battleground district nestled against the southeast portion of New York State, are united in many key respects when it comes to spending and health care reforms, a recent survey... Read More

2021-07-23 20:15:27
by Tom Ramstack
Opioid Maker and Distributors Settle State Lawsuits for $26 Billion

A coalition of state attorneys general reached a $26 billion settlement with opioid maker Johnson & Johnson and three of... Read More

A coalition of state attorneys general reached a $26 billion settlement with opioid maker Johnson & Johnson and three of its distributors this week. They blame the companies for a half-million deaths in the United States from overdoses and addictions... Read More

Pfizer to Discuss Vaccine Booster with US Officials Monday

WASHINGTON (AP) — Pfizer says it plans to meet with top U.S. health officials Monday to discuss the drugmaker's request... Read More

WASHINGTON (AP) — Pfizer says it plans to meet with top U.S. health officials Monday to discuss the drugmaker's request for federal authorization of a third dose of its COVID-19 vaccine as President Joe Biden's chief medical adviser acknowledged that... Read More

2021-07-09 13:16:39
by Dan McCue
Both Sides Lay Cards on The Table on Drug Pricing

WASHINGTON - A trio of House Democrats, including House Speaker Nancy Pelosi, D-Calif., and Rep. Carolyn Maloney, D-N.Y., chair of... Read More

WASHINGTON - A trio of House Democrats, including House Speaker Nancy Pelosi, D-Calif., and Rep. Carolyn Maloney, D-N.Y., chair of the House Committee on Oversight and Reform, accused the nation’s largest pharmaceutical companies on Thursday of being more concerned with... Read More

2021-07-08 17:38:20
by Dan McCue
FDA Changes Prescribing Instructions for Controversial Alzheimer’s Drug

U.S. health regulators on Thursday approved new prescribing instructions that are likely to limit use of a controversial new Alzheimer’s... Read More

U.S. health regulators on Thursday approved new prescribing instructions that are likely to limit use of a controversial new Alzheimer’s drug. The announcement came through Biogen Inc., the maker of Aduhelm, which stated the update is intended to “clarify” the... Read More

More States Agree to Settlement Plan for Opioid-maker Purdue

More than a dozen states have dropped their longstanding objections to OxyContin maker Purdue Pharma's reorganization plan, edging the company... Read More

More than a dozen states have dropped their longstanding objections to OxyContin maker Purdue Pharma's reorganization plan, edging the company closer to resolving its bankruptcy case and transforming itself into a new entity that helps combat the U.S. opioid epidemic... Read More

2021-06-30 14:31:12
by Alexa Hornbeck
Health Summit Panel Debates Drug Pricing Proposals

Policymakers and representatives of the pharmaceutical industry debated the cost of prescription drugs and the myriad of proposals on Capitol... Read More

Policymakers and representatives of the pharmaceutical industry debated the cost of prescription drugs and the myriad of proposals on Capitol Hill to bring those prices down at last week's Milken Institute Future of Health Summit. Amitabh Chandra, a health care... Read More

Democrats Seek Narrow Path to Rein in Cost of Medicines

WASHINGTON (AP) — President Joe Biden's call for authorizing Medicare to negotiate lower prescription drug prices has energized Democrats on... Read More

WASHINGTON (AP) — President Joe Biden's call for authorizing Medicare to negotiate lower prescription drug prices has energized Democrats on a politically popular idea they've been pushing for nearly 20 years only to encounter frustration. But they still lack a... Read More

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