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Drugmakers like Johnson & Johnson are now under more scrutiny
(Reuters) — The U.S. Attorney's Office for the Southern District of New York is investigating contracts between drugmakers and companies that manage prescription benefits, according to regulatory...
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These companies you've never heard of are about to incite another massive...
It's easy to see why EpiPen has become the focus of America's fury over drug prices. It treats potentially deadly allergic reactions — for example, in a child who is stung by a bee — and its price has...
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Here's how a $50 drug ends up costing you $700 in America's healthcare system
Pharmacists around the country are agitated.For years they've been watching their customers struggle to pay for prescription drugs, even when they have generic or over-the-counter alternatives. These...
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The Feds are starting to dig in at the biggest middle-man in the...
The Feds are gunning for the biggest middle man in the American pharmaceutical game, Express Scripts, according to government filings published on Tuesday along with the company's earnings.Express...
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Everyone wants a piece of the drug industry and it's one reason prices are...
Don’t just blame drug companies for rising prescription prices. For all the outrage over Mylan increasing EpiPen prices by 500%, and insulin prices, which are up 300% over the past decade, drug prices...
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A major Philidor strategy is very much alive and well at Valeant (VRX)
Philidor is dead, long live Philidor.Last year the discovery of a secret pharmacy inside Valeant Pharmaceuticals called Philidor contributed to the company's near-death stock dive.At 2015's peak...
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A short seller tweeted that Trump could crush a healthcare company, and now...
On Thursday, the short-selling firm Citron Research tweeted that Express Scripts, a pharmacy benefits manager, might be targeted during the Trump administration."When @realdonaldtrump tells $ESRX '...
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One of the largest middlemen in the drug industry just released a video...
Pharmacy benefit managers play a critical role in prescription drug supply chain by negotiating rebates with drugmakers.They've been attracting scrutiny, with some suggesting they're partly to blame...
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A biotech exec just got real about one of the largest middlemen in the drug...
Another drug executive just pinned the blame for soaring drug prices on the middlemen who help insurance plans and companies negotiate what they'll pay for a medicine. Pharmacy benefit managers are...
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The healthcare industry is starting to turn on itself as pressure over drug...
As scrutiny of high drug prices in the US intensifies, so has the finger pointing about who is to blame.This week, that came in the form of an interview in which an executive at Gilead blamed high...
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A top Democrat has introduced a bill that could fight skyrocketing drug prices
A bill introduced Wednesday by Democratic Sen. Ron Wyden is designed to shed some light on one of the drug industry's biggest middlemen.Pharmacy benefit managers are the companies responsible for...
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A huge pharma middleman just lost its biggest customer — and it shows how...
Express Scripts is losing a big customer. Anthem, the big health insurer, is ending its contract with the company following a 2016 lawsuit. Anthem claimed Express Scripts overcharged the insurer by...
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States are starting to stand up to 'the new Big Tobacco' because Washington...
There's been a lot of talk in Washington about what to do about drug prices.Hillary Clinton tweeted about it, and President Donald Trump said he wanted to get prices under control. There's the...
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Nevada just passed one of the strictest drug pricing transparency laws in the...
The state of Nevada is taking a new approach to tackling the rising price of prescription drugs with a new piece of legislation.The bill was originally introduced in March by state Senator Yvanna...
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A startling lawsuit against CVS could blow up what you thought you knew about...
What if paying for a drug with insurance didn't cost you less, but made the drug more expensive?That's what a new lawsuit filed against CVS is alleging. The suit claims that the pharmacy agrees with...
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Amazon is making noise in pharma these days — here's what it could all mean
An investment bank's report that Amazon is tip-toeing around the pharmacy space sent Wall Street scrambling to understand CEO Jeff Bezos' next move.Analysts at Leerink Partners wrote that Amazon may be...
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The Wall Street analysts who called CVS's huge potential deal last month...
CVS Health is reportedly in talks to buy Aetna, a major health insurer, in what could be a $66 billion deal.Analysts at RBC Capital Markets said in September they expected this to happen."We believe...
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We are witnessing a perfect example of how pharma's hogs are going to get...
At a luncheon Thursday, Mallinckrodt Pharma executives said at least one big payer has started putting restrictions on its $36,000-a-dose drug called Acthar, a person in attendance told Business...
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The Feds just asked a huge healthcare company who their real clients are and...
The SEC forced pharmacy benefit manager Express Scripts to break out a seemingly benign number from its balance sheet. It has to do with the rebates it collects from pharmaceutical firms.Experts say...
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Cigna is buying massive pharma middleman Express Scripts for $67 billion in a...
Cigna is acquiring Express Scripts, the largest standalone pharmacy benefit manager, in a $67 billion deal that includes $15 billion of debt.Express Scripts is one of the three massive pharmacy benefit...
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