January 11, 2017—President-elect Trump said today that drug companies are “getting away with murder” as he promised to save the country billions of dollars through “new bidding procedures.” … [Read more...]
Pricey Cancer and Orphan Drugs Dominate Pipeline
January 9, 2017—Cancer and orphan drugs that command high prices increasingly dominate drug company pipelines, a new study shows. … [Read more...]
New 340B Rule Lets Feds Fine Drugmakers for Overcharges
January 4, 2017—The Department of Health and Human Services published a 340B program final rule today implementing fines for drug manufacturers that knowingly and intentionally overcharge safety-net healthcare providers. The rule also sets standards for calculating 340B ceiling prices. … [Read more...]
White House Clears 340B Civil Monetary Penalties, Ceiling Price Rule
January 3, 2017—The Obama administration has cleared the 340B civil monetary penalties for manufacturers and ceiling price regulations for publication in the Federal Register. … [Read more...]
The Top 10 340B Stories of 2016
December 21, 2016—The 340B program mega-guidance was the chief concern of 340B Informed readers for the second year in a row. In an exact repeat of 2015, four of this year’s 10 most-popular stories were about the guidance, including our top story of 2016. The mega-guidance’s status remains “pending review” at the White House Office of Management and Budget. But with … [Read more...]
Senate Dems to Trump: Let’s Reduce Drug Prices Together
December 20, 2016—Nineteen Senate Democrats have signed a letter to President-elect Trump outlining five ways he can fulfill his campaign pledge, which he repeated last week, to lower prescription drug prices. … [Read more...]
Grassley to Trump: Let’s Partner on Rising Drug Prices
December 15, 2016—Sen. Charles Grassley (R-Iowa) is urging President-elect Trump to work with Congress to deal with drug companies that game the system and engage in anti-competitive behavior. The Justice Department, meanwhile, has charged two drug company executives with conspiracy to fix prices, rig bids, and allocate customers, part of a broader investigation of white collar … [Read more...]