Remove 2024 Remove Drug Pricing Remove Pharmaceutical Companies
article thumbnail

STAT+: As Humira biosimilars take over the market, CVS has created a new ploy: the drug ‘rebate credit’

STAT

The biggest enticement that large pharmacy benefit managers offer to the employers that hire them is drug rebates — a steady stream of money sent back to their clients, a tangible symbol of the discounts that PBMs are able to wrangle out of pharmaceutical companies. Continue to STAT+ to read the full story…

article thumbnail

Opinion: STAT+: Genentech executive Fritz Bittenbender: Beware political soundbites

STAT

As Election Day 2024 gets closer, STAT’s First Opinion asked executives from leading biotech and pharmaceutical companies to reflect on how their industry is being portrayed in the presidential campaign — and what their hopes are for a new presidential administration. You

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Latest CMS Data Reveal the Truth About U.S. Drug Spending

Drug Channels

And contrary to what you might read, drug spending growth was *not* driven by purportedly “skyrocketing” drug prices. In reality, nearly all drug spending growth occurred due to growth in the number of people treated, prescriptions dispensed, and other nonprice factors. healthcare expenditures. healthcare expenditures.

article thumbnail

STAT+: Pharmalittle: Next big hope for Alzheimer’s might not help most Black patients; drugmakers ask Supreme Court to toss terrorism-support ruling

STAT

Advertisements eviscerating and glorifying pharmacy benefit managers have been around for years, but have intensified over the past three months as Congress scrutinizes the role these middlemen play in shaping high prescription drug prices , STAT tells us. The company hopes to launch the product in the U.S. in 2024.

article thumbnail

STAT+: Courts will decide the future of Medicare’s power to negotiate drug prices within months

STAT

WASHINGTON — Pharmaceutical companies’ efforts to scuttle President Biden’s signature health care achievement, empowering Medicare to negotiate prescription drug prices, will soon face their first big tests. Continue to STAT+ to read the full story…

article thumbnail

Pharma Sales & Marketing Synergy Quiz

PharmaState Academy

This quiz competition is brought to you by Pharma Industry Townhall – Sales & Marketing scheduled for 16th March 2024 at Radisson Blue, Marol, Andheri East, Mumbai. a) Medical Research b) Marketing Representative c) Medication Review d) Market Regulation MR' commonly refers to Marketing Representative in pharmaceutical marketing.

article thumbnail

STAT+: Pharma execs donated more to Democrats in campaign’s final stretch

STAT

WASHINGTON — Most executives at pharmaceutical companies haven’t directly donated to political candidates over the final stretch of the 2024 campaign. 30, five gave to Democratic candidates, even though Democratic lawmakers passed the most aggressive drug pricing reform in decades in 2022.