Drug Channels

DECEMBER 5, 2023

Despite skyrocketing sales for anti-obesity GLP-1 drugs, many retail pharmacies are losing money on every prescription. The common factor behind these two disparate situations: Pharmaceutical wholesalers’ unusual pricing for brand-name drugs sold to pharmacies, hospitals, and other buyers. to 1:30 p.m.

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FDA Law Blog

AUGUST 21, 2023

Attorney’s Office for the Western District of Texas announced that People’s Rx, a local chain operating five retail pharmacies and a compounding laboratory in the Austin area, agreed to pay $200,000 to settle allegations that it violated the Controlled Substances Act (“CSA”). Regulated sellers must limit daily sales of SCLPs to 3.6

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BioTech 365

MAY 5, 2021

Deenova Keeps Smashing New Sales Records in 2022 France’s Pharmacy Automation Market Deenova Keeps Smashing New Sales Records in 2022 France’s Pharmacy Automation Market MILAN–(BUSINESS WIRE)–#Automation—Deenova announced today it keeps its record-breaking market momentum started in 2021, by winning … Continue reading → (..)

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Drug Channels

OCTOBER 27, 2023

Under the program, the out-of-pocket cost for Sanofi's Lantus will be capped at $35 at any pharmacy that accepts GoodRx. This program will increase affordabiliy and broaden access for people living with diabetes.

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Pharmaceutical Commerce

APRIL 28, 2023

“Deep learning” IT tools were used to calculate sales volumes and drug class.

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pharmaphorum

NOVEMBER 2, 2022

CVS Health and Walgreens have become the first two US pharmacy chains to agree a settlement worth nearly $10 billion to answer allegations they played a role in the opioid epidemic that has claimed tens of thousands of lives. ” The post Pharmacy chains agree $10bn settlement in opioid litigation appeared first on.

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AuroBlog - Aurous Healthcare Clinical Trials blog

MARCH 23, 2023

With the chemists and druggists across the country opposing the sale of drugs through online, the Central government is taking a stand that the sale of medicines should be strictly under the provisions of the existing regulations and the State Licensing Authorities (SLAs) are legally empowered to act against violation of the legal provisions.

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pharmaphorum

JULY 29, 2021

Specialty pharmacies now have to be ready to not only meet patient demand, but also provide patients the support they need to secure reimbursement, properly administer the drug, and ensure adherence and optimal outcomes. The problem is, many specialty pharmacies don’t currently have the right tools to support their patients.

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pharmaphorum

FEBRUARY 9, 2022

Italian online pharmacy group 1000Farmacie has raised €15 million In one of the largest first-round financings in the digital health category. It has more than 250,000 customers, offers around 95,000 products for sale, and has been growing at breakneck speed, with sales up by 600% last year, fuelled in part by the pandemic.

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NPR Health - Shots

MARCH 29, 2023

The FDA approved Narcan for sale without a prescription. The opioid overdose reversal drug would be available at pharmacies and convenience stores nationally, increasing access as opioid deaths climb.

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pharmaphorum

JUNE 8, 2022

Longstanding claims that one of the reasons for high drug prices in the US is the actions of pharmacy benefit management (PBM) companies – the middlemen in the supply chain – are being formally investigated by the Federal Trade Commission (FTC). The post FTC launches probe into pharmacy benefit management sector appeared first on.

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Fierce Pharma

JUNE 20, 2023

Three weeks after the FDA warned that some pharmacies are making unauthorized versio | Novo Nordisk filed five lawsuits in four states on Tuesday, charging health spas, clinics and pharmacies with false advertising, trademark infringement and unlawful sales of compounded versions of diabetes and weight loss drugs Ozempic and Wegovy.

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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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NY Times

NOVEMBER 27, 2020

Court filings reveal consultants’ talk of a records purge during the opioid crisis, and shed new light on sales advice given to the billionaire Sackler family and their drug company, Purdue Pharma.

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Pharmacy Checkers

FEBRUARY 7, 2020

When you go to your local CVS and Walgreens – and other big pharmacy chains – are you getting the highest standard of care? Have these pharmacies gone rogue? Yet the National Association of Boards of Pharmacy (NABP) doesn’t seem to be paying much attention to medication errors at U.S. pharmacies. pharmacy industry.

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World of DTC Marketing

MARCH 31, 2022

Research shows that the three-drug companies that dominate global insulin sales — Novo Nordisk, Eli Lilly, and Sanofi may not be entirely to blame for the soaring costs to people with diabetes. Gross profit from PBM-owned mail-order, and specialty pharmacies increased more than 13 percent, from $8.9 Los Angeles Times. billion to $5.7

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Pharmacy Checkers

FEBRUARY 28, 2020

However, use of the word “legitimate” is found in the DSCSA, and that word is often misused by opponents of drug importation and international online pharmacies – and that got me thinking. On the subjects of drug importation, online pharmacy verification, drug safety and affordability, the word “legitimate” is thrown around a lot.

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BioTech 365

AUGUST 3, 2021

GoodRx Savings Increase Pharmacy Visits and Customer Loyalty For Retailers GoodRx Savings Increase Pharmacy Visits and Customer Loyalty For Retailers A new consumer survey finds GoodRx discounts boost sales for retailers through new foot traffic SANTA MONICA, Calif., 03, … Continue reading →

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BioTech 365

AUGUST 30, 2021

Novo Integrated Sciences Signs LOIs to Acquire Seven Pharmacies in the United States Novo Integrated Sciences Signs LOIs to Acquire Seven Pharmacies in the United States In total, the pharmacies collectively generated approximately $55 million in annualized sales in 2020 … Continue reading →

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BioTech 365

NOVEMBER 14, 2021

Deenova Consolidates France Market Leadership with ASTUS Cabinets Secure Pharmacy Unit-Dose Deenova Consolidates France Market Leadership with ASTUS Cabinets Secure Pharmacy Unit-Dose MILAN–(BUSINESS WIRE)–#Deenova—Deenova announced today that in addition to its record-breaking mechatronic ACCED sales started during Covid-19 last (..)

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Pharmacy Checkers

APRIL 3, 2020

When I read fancy-looking international reports that address the problem of counterfeit drugs, too seldom is our work recognized in verifying international online pharmacies in a manner that saves the lives of consumers looking online for affordable medicine. But it is of course true: many rogue online pharmacies sell counterfeit drugs.

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Pharmacy Checkers

DECEMBER 5, 2019

A new Chinese law (in effect as of December 1, 2019) makes third-party online platform medicine sales legal, appropriately ends a draconian definition of counterfeit drugs, and effectively decriminalizes personal drug importation, but with a lot of gray! The law does not relate specifically to “online pharmacies.”

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Medical Xpress

FEBRUARY 2, 2023

Looking for a cold remedy at your local pharmacy? Be careful what you choose: experts warn that some options on the shelves may be no better than sugar pills.

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pharmaphorum

SEPTEMBER 6, 2017

A forthcoming webinar hosted by pharmaphorum with sponsor PHOENIX group looks at how harnessing the data and expertise of pharmacies, and via greater engagement with patients, consumers and shoppers can meet this emerging need. Industry: how can pharma switch from treating a disease to earlier health management?

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The Pharma Data

AUGUST 17, 2020

The UK government is imposing stricter regulations on the sale of laxatives, to help prevent their misuse. People will need to be 18 or older to buy them from pharmacies and supermarkets. The drugs, designed to treat constipation, will be sold in smaller packs that carry warnings about never using laxatives for weight control.

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STAT News

MARCH 29, 2023

British Columbia plans to limit sales of the popular diabetes drug Ozempic to Canadian residents in response to a wave of Americans flocking to local pharmacies in search of the drug, potentially straining supplies in the province.

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Pharmacy Sales Regulation Drugs 116

pharmaphorum

AUGUST 18, 2022

.” Separately, the company also agreed in principle a deal with 34 US states to provide $450 million over a period of 10 years, to resolve allegations that the company boosted opioid sales using deceptive marketing practices. Pharmacy chains ordered to pay $650m.

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XTalks

MARCH 1, 2021

Anti-inflammatory drugs like Restasis and Xiidra are popular treatment options for the condition, but will the emergence of mask-associated dry eye bolster their sales? But if you thought the growing number of patients presenting with mask-associated dry eye would mean higher sales for Restasis, think again.

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Pharmaceutical Technology

SEPTEMBER 8, 2022

Increasing drug failure rates and essential drug shortages have driven the growth of the compounding pharmacies market, which has a high growth potential, especially in emerging economies. Discover the top pharmaceutical compounding companies in contract marketing. Test method development.

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XTalks

JULY 10, 2023

With the remarkable success of its semaglutide products Wegovy and Ozempic for weight loss and type 2 diabetes, respectively (the latter also for weight loss through off-label prescribing), Novo Nordisk is cracking down on pharmacies making compounded versions of the glucagon-like peptide-1 (GLP-1) receptor agonist drugs.

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Pharmaceutical Technology

JULY 20, 2022

In response to these issues, American Society of Health-System Pharmacists senior director of Pharmacy Practice and Quality Michael Ganio tells Pharmaceutical Technology : “Pharmacists are going to address [these concerns] by doing what we've always done. How to get Paxlovid. Paxlovid in the news.

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World of DTC Marketing

JULY 6, 2022

million doses of oxycodone and hydrocodone to pharmacies in Cabell County and the city of Huntington over less than a decade, McKesson, AmerisourceBergen, and Cardinal Health didn’t cause an oversupply of opioids in the area, Judge David Faber ruled on Monday. This is beyond outrageous it’s a classic example of abuse of power.

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XTalks

SEPTEMBER 19, 2023

The agency said if the companies fail to respond within the given time frame, it may pursue legal action, which could include seizing the products and/or a court order requiring the company to stop manufacturing or sale of the unapproved product. The FDA routinely looks out for illicit drugs on the market.

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STAT News

NOVEMBER 17, 2022

… UnitedHealth Group’s pharmacy benefits manager, OptumRx, will keep AbbVie’s Humira alongside up to three biosimilar medicines next year, Bloomberg News writes. The decision is a partial win for AbbVie, since its rheumatoid arthritis treatment has generated almost $200 billion in sales in nearly two decades.

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Pharmacy Checkers

JUNE 4, 2020

Using very similar talking points to Big Pharma-funded experts , in its quest to “educate” the public about the dangers of internet pharmacies and personal medicine imports, the National Association of Boards of Pharmacy (NABP) appears to have ignored the greatest pharmacy-related public health travesty happening right under its nose.

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Pharmaceutical Technology

MARCH 8, 2023

Lilly has claimed that a major obstacle to insulin price reduction has been due to pharmacy benefit manager formularies and contracts with insurance providers, and that list prices for insulin have to remain high for insulin to remain on these formularies.

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Drug Channels

APRIL 4, 2023

Time for Drug Channels Institute’s annual update on the gross-to-net bubble —the ever-growing dollar gap between sales at brand-name drugs' list prices and their sales at net prices after rebates and other reductions. We estimate that the gross-to-net bubble reached $223 billion for patent-protected brand-name drugs in 2022.

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