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In an open public meeting, the FTC voted 3-0 Thursday to withdraw comments it has issued over the past 13 years in support of pharmacy benefit managers (PBM) – comments the PBM industry has begun using to defend itself in recent public relations campaigns. Read More
Boehringer-Ingelheim, Eli Lilly and Novo Nordisk have added their support to a bipartisan, bicameral bill — the Treat and Reduce Obesity Act (S. 2407 and H.R. 4818) — to expand Medicare coverage of medications and health care specialists to treat obesity. Read More
The letter points out that approximately 32 percent of generic drugs and 45 percent of active pharmaceutical ingredients are from India and China. Read More
Bufferin, a brand synonymous with aspirin for many consumers, features in a head-scratcher FDA action as the agency withdraws the product’s 1948 NDA because the named manufacturer has failed to file required multiple annual reports on the prescription drug, which hasn’t been marketed for years. Read More
This monthly feature consists of excerpts from articles printed in GMP Newsletter LOGFILE, reprinted by permission of the publisher, GMP-Verlag Peither AG. Read More
Republican members of the House Energy and Commerce (E&C) Committee are pressing FDA Commissioner Robert Califf on the effectiveness of the agency’s foreign drug inspection program given that numerous Indian and Chinese firms have repeatedly flouted FDA regulations. Read More
The Department of Justice (DOJ) and the FTC have issued draft guidelines the government will use to determine whether a merger may violate anti-trust laws by risking lessened competition now and in the future. Read More
Teva Pharmaceuticals is facing Department of Justice (DOJ) allegations — and potential penalties of $12 billion — that the Israeli drugmaker defrauded Medicare by paying kickbacks to charitable foundations that subsidized patients’ out-of-pocket payments for its multiple sclerosis blockbuster Copaxone (glatiramer). Read More
CMS has proposed removing the national coverage determination for the positron emission tomography (PET) beta amyloid imaging needed to diagnose the onset of Alzheimer’s disease and prescribe the newly approved antiamyloid antibody drug Lequembi (lecanemab). Read More
The FTC has lobbed its latest volley at pharmaceutical mergers with a request for a preliminary injunction to temporarily halt the pending $28 billion merger of Amgen and Horizon to allow time for the FTC’s June 22 administrative complaint to be adjudicated prior to potential consummation of the deal. Read More