pharmaphorum

JANUARY 6, 2023

With the US economy teetering on a recession, sales and marketing budgets are expected to take a hit among businesses across sectors. On 14th November 2022, Eli Lilly apparently wrote on its Twitter account, “We are excited to announce insulin is free now.” The pharmaceutical industry is no exception. Industry frustrations.

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Drug Channels

DECEMBER 16, 2020

I expect manufacturers to escalate their challenges to the contract pharmacy elements of the program. Meanwhile, covered entities will be battling manufacturers, state Medicaid programs, their contract pharmacy partners, and perhaps even HRSA itself. The 340B program will be a major issue in 2021.

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Drug Channels

SEPTEMBER 15, 2020

Last Friday, The Wall Street Journal published my opinion piece: The Federal Program That Keeps Insulin Prices High. I summarize issues with the role of contract pharmacies in the 340B Drug Pricing Program. Note that my commentary focuses primarily on hospitals, which account for the vast majority of 340B program sales.

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pharmaphorum

OCTOBER 17, 2022

The new PenCycle programme covers Novo Nordisk’s FlexPen and FlexTouch devices, which are used to dispense insulin and other medications. ” The initiative was piloted at Boots pharmacies last year, but has now been taken to a national level, according to Novo Nordisk.

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Druggist

MAY 12, 2021

Unfortunately, Celevac was discontinued , and now it is impossible to get it on prescription or purchase from the pharmacy. Celevac tablets were licensed as general sale list medicines (GSL), which means they could be sold in any retail outlet, including pharmacies, over the counter without a prescription. .

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pharmaphorum

OCTOBER 19, 2021

That has allowed AbbVie’s cash-cow drug to maintain its overall growth, making more than $16 billion in global sales last year, down from a peak of almost $20 billion before the pandemic. Sales in the US grew 8% in 2020, but fell almost 14% internationally where biosimilars are already available.

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XTalks

JUNE 12, 2023

Internationally, Medtronic expanded its MiniMed 780G insulin pump and Guardian 4 sensor. Abbott Laboratories reported that the sales from its Diagnostics and Medical Device divisions in 2022 surpassed the company’s initial forecast. It also plans to launch these products in the US. billion in 2022, an increase of 1.36

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Pharmaceutical Technology

MARCH 8, 2023

Eli Lilly has announced that it will reduce the price of its most commonly used insulin, Humalog, in the US, by 70% and cap the out-of-pocket cost for those on commercial insurance at $35. This is the second time Lilly has significantly reduced the cost of its insulin, as in 2019 the company reduced the list price of Humalog by 50%.

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Pharmaceutical Technology

MAY 26, 2023

The FDA has flagged this issue as pharmacies selling prescription drugs illegally have proliferated over the years. The US Food and Drug Administration (FDA commissioner Dr. Robert Califf says, “The illegal sale of prescription drug stimulants online puts Americans at risk and contributes to potential abuse, misuse, and overdose.”

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XTalks

FEBRUARY 8, 2024

The top 15 diabetes drugs in 2023, according to 2022 sales data, reflect the current state of diabetes management and hint at the evolving needs and trends within this critical area of healthcare. Read on to learn more about the top 15 diabetes drugs in 2023, based on 2022 sales statistics. mL subcutaneous solution (2 mg/1.5

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pharmaphorum

JANUARY 13, 2023

The ‘big three’ insulin producers Novo Nordisk, Eli Lilly, and Sanofi are being sued by the state of California for allegedly working together to set artificially inflated prices for their products. The suit follows legal action over insulin pricing taken by other states, including Arkansas , Kansas, Mississippi, and Minnesota.

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XTalks

FEBRUARY 8, 2021

As a subset of biosimilars, interchangeable biological products can be substituted for the reference product at the pharmacy level, without the input of the prescribing physician. Significantly, insulin was deemed to be a biologic as of March 23, 2020, making it a reference product for the development of biosimilar versions.

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pharmaphorum

MAY 13, 2022

Arkansas has become the latest US state to issue a legal challenge to the big three insulin producers – Eli Lilly, Sanofi and Novo Nordisk – accusing them of deceptively driving up the price of the medicines. Today we begin the fight to stop this outrageous inflation of insulin pricing.”

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pharmaphorum

JANUARY 24, 2023

Wholesalers and pharmacies operate under regulations which define storage, supply, and service standards, and these come with energy requirements. Where medicines are biologics, such as vaccines, insulin, blood products, and numerous specialty medicines, failsafe cold chains will be necessary from manufacturer to patient.

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FDA Law Blog

DECEMBER 3, 2023

Manufacturers must also ensure that all electronic FDA listings and all NDC listings with the electronic database vendors used to process pharmacy claims, including information about discontinued drugs, are up to date for all applicable drug and selected drug NDCs. covered insulin product or vaccine). 1395w-114c(b)(4)(B)(i).

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STAT News

DECEMBER 5, 2022

Horizon shares surged over the past week after the company said it is in separate preliminary talks with J&J, Amgen, and Sanofi about a possible sale. Janssen Global Services, J&J’s pharmaceutical division, did not provide a reason why it is not planning to proceed with an offer in a statement released Saturday.

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Pharmacy Checkers

JULY 2, 2019

Determinants of Health: Providing regulatory space to promote safe international Internet pharmacy practice in furtherance of SDG 3.8 the Internet, via international online pharmacies, has helped tens of millions of Americans obtain medicines from pharmacies in other countries. [v]. My comment is below. Author: Gabriel Levitt.

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FDA Law Blog

AUGUST 14, 2022

The negotiations will result in a Maximum Fair Price (“MFP”) that the manufacturer must make available to providers furnishing the drug under Medicare Part B or pharmacies dispensing the drug under Part D.

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pharmaphorum

JUNE 10, 2021

The fundamental misconception among the public, the media and even some lawmakers is that higher drug list prices are the result of drug manufacturers being in a monopolistic position to endlessly raise prices on critical drugs like insulin and then rake in big profits. Is the Middleman at Fault?

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The Pharma Data

MAY 13, 2021

I Have A Doctorate In Pharmacy, But Everything I Learned About Pain Relief In Pharmacy School Is Dead Wrong! Which is how I got into pharmacy — after all, what better way to spend your life than by removing illness from the world. . … And then got my Doctor of Pharmacy (Pharm.

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XTalks

SEPTEMBER 11, 2023

The first ten drugs to undergo Medicare drug price negotiations were chosen based on criteria determined by Medicare, which include that they be sold in pharmacies, not have significant generic competition and have been on the market for at least nine years (13 years for more complex biologics). billion Medicare enrollees who used drug: 3.7

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Pharmacy Checkers

OCTOBER 9, 2020

Today, I’m going to get very, very nerdy about the new Request For Proposals issued to allow for the reimportation of insulin. Unlike the final rule on Section 804 of the FDCA and personal importation pathway opportunities also under Section 804, the Insulin RFP relates to Section 801(d)(1)(2) of the FDCA (21 U.S.C. Guess what.

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pharmaphorum

NOVEMBER 4, 2021

Other elements of the plans include tax penalties if pharma companies hike their prices faster than inflation, setting a cap of $35 per month out-of-pocket for insulin, and making sure that Medicare Part D patients don’t pay more than $2,000 per year for medications bought at the pharmacy.

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Pharmacy Checkers

FEBRUARY 21, 2020

Canadian pharmacies sell these American-made drugs at much lower cost, but that law prevents companies from buying those drugs and re-selling them here. pharmacies, but also sold in other countries, too. That’s what people referred to as the “ban” on reimportation, meaning drugs that are made in the U.S., exported here and sold in U.S.

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Pharmacy Checkers

MARCH 11, 2020

Founded in 2002, and launching its website in 2003, PharmacyChecker provides consumers with online pharmacy verification and comparative drug price information to help them make the best decisions for themselves and their families on how to afford prescription drugs. counterparts.

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