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STAT+: Teva agrees to pay $450 million to settle kickback and price-fixing allegations

STAT

Separately, the drugmaker agreed to pay $25 million to settle charges of participating in a price-fixing scheme with other generic companies. At the same time, Teva steadily raised the price of its drug by thousands of dollars.

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Brand-Name Drug Prices Fell for the Fifth Consecutive Year—And Plummeted After Adjusting for Inflation

Drug Channels

Time for the Drug Channels annual reality check on drug pricing. For 2022, brand-name drugs’ net prices dropped for an unprecedented fifth consecutive year. What’s more, after adjusting for overall inflation, brand-name drug net prices plunged by almost 9%. d/b/a Drug Channels Institute.

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Informa Connect’s Drug Pricing Transparency Congress

Drug Channels

Experts from across the industry will discuss how current and future drug pricing transparency regulations will impact commercialization, reimbursement, pricing and compliance practices. Drug Channels readers will save 10% off when they use code 23DRCH10 and register prior to March 31, 2023.*

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Drug Pricing Transparency Congress

Drug Channels

Drug Pricing Transparency Congress. Hybrid Event March 28-29, 2022 | Philadelphia, PA www.informaconnect.com/drug-pricing-transparency. Don’t miss the Drug Pricing Transparency Congress on March 28-29, 2022! Visit www.informaconnect.com/drug-pricing-transparency for further details and to register.

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Tales of the Unsurprised: U.S. Brand-Name Drug Prices Fell for an Unprecedented Sixth Consecutive Year (And Will Fall Further in 2024)

Drug Channels

It's time for Drug Channels ’ annual reality check on U.S. drug pricing. For 2023, brand-name drugs’ list prices again grew at mid-single-digit rates. However, net prices dropped for an unprecedented sixth consecutive year. Read more » Copyright © 2006-2023 Pembroke Consulting, Inc. Details below.

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UK fines Advanz £100m for raising thyroid drug price tenfold

pharmaphorum

The company took advantage of the lack of generic competitors on the market to charge the NHS “excessive and unfair prices” for liothyronine, which meant that NHS spending on the drug swelled from £600,000 in 2006 to more than £30 million by 2016.

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Brand-Name Drug Prices Fell for the Fifth Consecutive Year—And Plummeted After Adjusting for Inflation (rerun)

Drug Channels

Time for the Drug Channels annual reality check on drug pricing. For 2022, brand-name drugs’ net prices dropped for an unprecedented fifth consecutive year. The factors behind declining drug prices will remain in the coming years—and become even stronger due to forthcoming changes in Medicare and Medicaid.