Together with the first 10 drugs that the Biden administration targeted for its Medicare Drug Price Negotiation Program last year, the medications make up a third of prescription drug spending in ...

Drugmakers raised the list prices on 575 name-brand drugs in just the first two days of the new year, according to drug price research firm 46brooklyn. Drugs for diabetes, HIV, cancer saw price ...

Pharmacy benefit managers, which serve as the middlemen between drug makers, insurers and pharmacies, reaped $7.3 billion in revenue from marking up the prices of dozens of specialty generic drugs ...

Negotiations between the government agency and drug companies will take place this year with any agreed upon price changes taking effect in 2027. Drug manufacturers can choose whether or not to ...

A new wave of Medicare drug price negotiations could severely affect long-term care pharmacy services for seniors, according to the Senior Care Pharmacy Coalition (SCPC). The Biden administration ...

Pharmaceutical executives last year had said during earnings calls that they don’t expect the new Medicare drug prices to impact their bottom line.Late last year, the Centers for Medicare and ...

When it first hit the market in 2013, a month’s supply cost $250, but in 2022, the price had more than doubled to $529. Secondly, opponents assert that drug pharmaceutical companies will focus ...

Republicans have repeatedly criticized the negotiations program, likening it to price setting. While the drug selection process, deadlines and minimum discounts are largely specified in the law ...