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FTC sues drug middlemen over manipulating insulin market
Federal Trade Commission accuses three drug middlemen of inflating insulin prices
In a lawsuit, the FTC accused Optum Rx, Caremark and Express Scripts of creating "a broken rebate system that inflated insulin drug prices, boosting PBM (prescription drug benefit managers) profits at the expense of vulnerable patients.
FTC lawsuit claims drug middlemen are manipulating insulin market
Three companies that process about 80% of prescriptions in the United States — Caremark, Express Scripts and OptumRx — have engaged in anticompetitive practices that spur price increases, the
FTC sues prescription drug middlemen, alleging they conspired over high insulin costs
The Federal Trade Commission on Friday filed lawsuits against three prescription drug benefit managers or PBMs over concerns the companies are artificially inflating the list price of insulin drugs.
6h
With TV Drug Ads, What You See Is Not Necessarily What You Get
The U.S. is one of only two countries that legally allows drugmakers to advertise products directly to patients. There are ...
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Drug Companies Are Embracing Direct-To-Consumer Sales. That's A Win For Patients.
For too long, middlemen like pharmacy benefit managers have taken advantage of the complexity of the drug supply chain to ...
IJR
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Biden-Harris Admin Adds China To Illicit Drug Watchlist After Touting Cooperation In Fighting Fentanyl Crisis
The Biden administration added China to its illicit drug watchlist on Monday, despite previously touting cooperation with ...
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on MSN
While brand-name weight loss drugs are in short supply, a market for alternatives thrives
High demand for weight-loss and diabetes drugs like Ozempic and Wegovy has led to a shortage in manufacturing. In the ...
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