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Published on 14:01 GMT

Regulator accuses drug middlemen of wild price hikes, possibly steering business to themselves

The Federal Trade Commission on Tuesday released an interim report saying that powerful drug middlemen marked up drugs for cancer, AIDS, multiple sclerosis and other serious maladies far over the going rate. A thousand percent over the going rate in 22% of …

Source: Ohio Capital Journal - Left-wing
Published on 04:03 GMT

FTC Report Highlights Prescription Drug Price Markups by PBMs

The Federal Trade Commission (FTC) has released a second interim staff report spotlighting sharp price markups by the nation’s 3 largest pharmacy benefit managers (PBMs): Caremark, Express Scripts, and Optum Rx.1 According to the report, these PBMs imposed …

Source: The American Journal of Managed Care - Neutral
Published on Jan 14, 2025

Top 3 drug insurers reaped billions as their drug middlemen inflated prices, FTC alleges

The three largest drug middlemen inflated the costs of numerous life-saving medications by billions of dollars over the past few years, the Federal Trade Commission said in a report Tuesday. The top pharmacy benefit managers (PBMs) — CVS Health’s Caremark …

Source: NBC News - Center-left
Published on 00:28 GMT

FTC Report Shows Big Pharma Middlemen Jack Up Prices by Up to 7,736%

The U.S. Federal Trade Commission on Tuesday published the second part of its investigation into how prescription drug middlemen are marking up the prices of specialty generic drugs dispensed at their affiliated pharmacies by hundreds—and in some cases, …

Source: Common Dreams - Left-wing
Published on 00:05 GMT

Pharmacy Benefit Managers Marked Up Specialty Drugs By Over 1,000%: FTC Report

A report published Tuesday by the Federal Trade Commission (FTC) revealed that pharmacy benefit managers (PBMs) hiked the costs of many important prescription drugs by over 1,000%. The three largest PBMs — which are owned by CVS Health, Cigna, and …

Source: Daily Wire - Right-wing
Published on Jan 14, 2025

FTC finds middlemen inflate specialty generic drug prices by billions of dollars

By Tami Luhby, CNN (CNN) — 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 between 2017 and 2022, the …

Source: KMIZ ABC 17 - Missouri - Neutral
Published on Jan 14, 2025

FTC says CVS, Cigna, and UnitedHealth abuse middleman role

Units of CVS Health Corp., Cigna Group and UnitedHealth Group Inc. charged significantly more than the national average acquisition cost for dozens of specialty generic drugs, bringing in more than $7.3 billion in excess revenue over six years, the Federal …

Source: The Boston Globe - Massachusetts - Neutral
Published on Jan 14, 2025

US pharmacy groups marked up drug prices for $7.3bn gain, regulator says

Stefania Palma in Washington January 14 2025 Jump to comments sectionPrint this page Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Several of the biggest US pharmacy benefit …

Source: The Financial Times - Neutral
Published on Jan 14, 2025

PBMs Significantly Marked Up Specialty Generic Drugs

At the Federal Trade Commission’s (FTC) first Open Commission Meeting of 2025, the group unanimously voted to release its second interim staff report on pharmacy benefit managers (PBMs), revealing that the 3 biggest corporations purposely marked up prices …

Source: Total Pharmacy - Label Pending
Published on Jan 14, 2025

FTC releases second report slamming pharmacy benefit managers

Dive Brief: The Federal Trade Commission has released its second report digging into how the business practices of pharmacy benefit managers could be inflating drug costs in the U.S., in the latest and likely last salvo between antitrust regulators in the …

Source: Healthcare Dive - Neutral
Published on Jan 14, 2025

The Evolution of the Texas Drugstore

7By Jason Baker, principal at Baker Katz If you look back about 150 years or so, drugstores have played a big role in communities nationally and across Texas. From the beginning with small corner pharmacies to today’s large retail chains with 24-hour …

Source: REBusinessOnline - Neutral
Published on Jan 14, 2025

The Pharma Man’s Negative Reputation is Fair

A former senior executive in the U.S. pharmaceutical industry, Mr. Naj divides his time between overseeing medicine companies he has founded and writing; his latest book, Pandastic Times (Brazen House), is a fable of the Covid pandemic. Some two decades …

Source: Rolling Stone - Left-wing
Published on Jan 14, 2025

Compounding Pharmacy Market Size Reach USD 12. 3 Billion by 2032 | Growing with 7. 01% of CAGR

The demand for personalized medications is a critical driver of the Global Compounding Pharmacy Market Industry. As the healthcare landscape evolves US, NY, UNITED STATES, January 14, 2025 /⁨EINPresswire.com⁩/ -- 𝚆𝙶𝚁 released the report titled …

Distribution channels: Healthcare & Pharmaceuticals Industry ...
Published on Jan 14, 2025

CVS Accused of Filling Unlawful Opioid Prescriptions in Justice Department Lawsuit

In a civil complaint unsealed today in Providence, Rhode Island, the Justice Department alleges that CVS Pharmacy Inc. and various subsidiaries (collectively, CVS) filled unlawful prescriptions in violation of the Controlled Substances Act (CSA) and sought …

Source: Redheaded Blackbelt - California - Label Pending
Published on Jan 13, 2025

Alternative remedies prescribed as FDA weighs whether to pull plug on drug

Monday, Jan. 13, 2025 | 2 a.m. Dr. Scott Manthei of the Nevada Ear and Sinus Institute has been advising patients against taking drugs like Sudafed for congestion, instead recommending saline or xylitol nasal sprays. Manthei said he’s read “many, many …

Source: Las Vegas Sun - Nevada - Center-left
Published on Jan 10, 2025

A bitter pill to swallow: Struggling industry leads to closure of UC’s pharmacy school

The University of Charleston recently announced plans to shutter its School of Pharmacy, citing declining enrollment. The school said this is part of a national trend that pharmacy professionals, like Dan Harrison, aren't surprised about. Pharmacist …

Source: Charleston Gazette-Mail - West Virginia - Neutral
Published on Jan 10, 2025

The Future of Pharmacy: Trends, Threats, Transformations

As National Pharmacist Day approaches on January 12, the nation will celebrate the invaluable contributions of these dedicated professionals who play a vital role in our health care system.1 The industry braces for a transformative year as 2025 promises a …

Source: The American Journal of Managed Care - Neutral
Published on Jan 14, 2025

US close: Stocks erase losses after late rally, Nasdaq stays lower

Overall, the mood was one of caution to start the week, as bond yields continued to creep higher in the aftermath of Friday's bumper jobs report. The S&P 500 finished up 0.2%, having fallen as much as 0.9% earlier on, while the Nasdaq fell 0.4%. …

Source: ShareCast - Label Pending
Published on Jan 10, 2025

Impressive CVs and major roles: From Sriram Krishnan to Vivek Ramaswamy, Indian-Origins in Trump administration

For decades, the United States has served as a beacon for ambitious minds, especially those of Indian origin, who have risen to prominent roles across industries. Known as "model minorities," Indian-Americans have not only conquered boardrooms …

Source: The Times of India - Center-right

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Published on January 15, 2025 - 14:05 GMT

Hawkins, Inc. to Release Third Quarter Fiscal 2025 Financial Results on January 29, 2025

ROSEVILLE, Minn., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Hawkins, Inc. (Nasdaq: HWKN) announced today that it expects to release financial results for its fiscal 2025 third quarter ended December 29, 2024 after the market closes on January 29, 2025 at …

Distribution channels: Chemical Industry, Media, Advertising & PR ...
Published on January 15, 2025 - 13:30 GMT

Myriad Genetics Announces Select Preliminary Fourth Quarter and Full Year 2024 Financial Results and Introduces Full ...

SALT LAKE CITY, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced select unaudited preliminary results for the fourth quarter and full year ended December 31, 2024, …

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Published on January 15, 2025 - 13:19 GMT

Biomerica Reports Second Quarter Fiscal 2025 Financial Results

- Total Revenue Increases 5% Year-Over-Year - Achieves Sustained Revenue Growth, Improved Gross Margins, and Significant Cost Savings IRVINE, Calif., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Biomerica, Inc. (Nasdaq: BMRA), (the “Company”) a global provider of …

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Published on January 15, 2025 - 12:00 GMT

ScottsMiracle-Gro Announces Timing of First Quarter 2025 Financial Results and Webcast

MARYSVILLE, Ohio, Jan. 15, 2025 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world’s leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, will release its first quarter financial …

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Published on January 15, 2025 - 13:00 GMT

Dayforce to Announce Fourth Quarter and Full-Year 2024 Financial Results on February 5th

MINNEAPOLIS and TORONTO, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Dayforce, Inc. (NYSE:DAY) (TSX:DAY), a global human capital management (HCM) leader that makes work life better, today announced that it will release fourth quarter and full-year 2024 financial …

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Published on January 15, 2025 - 12:55 GMT

Certara Reports Preliminary Fourth Quarter and Full Year 2024 Financial Results

Full-Year 2024 Revenue of $384.4 million, Bookings of $445.3 million Confirms Adjusted EBITDA within Guidance Range of $120 million to $124 million RADNOR, Pa., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Certara, Inc. (Nasdaq: CERT), a global leader in model- …

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Published on January 15, 2025 - 12:00 GMT

Eyenovia Announces Leading Proxy Advisory Firms, ISS and Glass Lewis, Recommend Eyenovia Stockholders Vote “FOR” ...

NEW YORK, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Eyenovia, Inc. (NASDAQ: EYEN) (“Eyenovia” or the “Company”), an ophthalmic technology company, today announced that the two leading independent proxy advisory firms, Institutional Shareholder Services Inc. (“ISS …

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Published on January 15, 2025 - 13:00 GMT

Cytek Biosciences Announces Preliminary Full Year 2024 Revenue Results

FREMONT, Calif., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, today announced preliminary, unaudited revenue results for the full year ended December 31, 2024. Cytek expects its full …

Distribution channels: Technology ...

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Published on January 15, 2025 - 14:08 GMT

Global Hill-Start Assist System Market to Grow at 7.2% CAGR, Hitting $5.4 Billion by 2031

WILMINGTON, NEW CASTLE, DE, UNITED STATES, January 15, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, titled, “Hill-Start Assist System Market," The hill-start assist system market was valued at $2. …

Distribution channels: Automotive Industry, Companies ...
Published on January 15, 2025 - 14:08 GMT

Railway System Market : From $27.2 Billion in 2021 to $42.4 Billion by 2031 Growing at a CAGR of 4.6%

WILMINGTON, NEW CASTLE, DE, UNITED STATES, January 15, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, titled, “Railway System Market," The railway system market was valued at $27.2 billion in 2021, …

Distribution channels: Automotive Industry, Companies ...
Published on January 15, 2025 - 14:00 GMT

CNSL Earns Prestigious 2024 Best of Georgia Award for Mental Health Excellence

ATLANTA, GA, UNITED STATES, January 15, 2025 /⁨EINPresswire.com⁩/ -- CNSL is proud to announce it has received the 2024 Best of Georgia Award, an honor underscoring the organization’s strong bond with its clients and community. Selected through an …

Distribution channels: Companies, Culture, Society & Lifestyle ...
Published on January 15, 2025 - 14:00 GMT

e.Republic Promotes Gov Tech Veterans, Teri Takai and Phil Bertolini, to New C-Suite Roles

New Chief Programs Officer and Chief Delivery Officer draw from decades of experience in the public and private sectors FOLSOM, CA, UNITED STATES, January 15, 2025 /⁨EINPresswire.com⁩/ -- Coming off a successful year marking the company’s 40th …

Distribution channels: Companies, IT Industry ...
Published on January 15, 2025 - 14:00 GMT

Right at Home and PocketRN Enter Strategic Partnership to Provide New Medicare Care Model for Seniors with Dementia

Right at Home and PocketRN today announced a strategic partnership to provide support to Medicare dementia beneficiaries. WASHINGTON, DC, UNITED STATES, January 15, 2025 /⁨EINPresswire.com⁩/ -- Right at Home, a nationwide provider of in-home care, …

Distribution channels: Companies, Consumer Goods ...
Published on January 15, 2025 - 14:00 GMT

Life Mastery Consultant Denise Hanks Recently Featured on Close Up Radio

BRIDGEPORT, CT, UNITED STATES, January 15, 2025 /⁨EINPresswire.com⁩/ -- Denise Hanks, a distinguished Life Mastery Consultant and Mental Fitness Trainer, is pleased to announce the official launch of her comprehensive life coaching services …

Distribution channels: Companies, Culture, Society & Lifestyle ...
Published on January 15, 2025 - 14:00 GMT

Walk West Appoints Greg Boone to its Board of Directors

RALEIGH, NC, UNITED STATES, January 15, 2025 /⁨EINPresswire.com⁩/ -- Walk West, an integrated marketing and branding agency, today announced the appointment of Greg Boone to its Board of Directors. A leader with more than 25 years of experience in …

Distribution channels: Business & Economy, Companies ...
Published on January 15, 2025 - 13:43 GMT

Family Enterprise USA Forms Women’s Business Owners Group with Mission to Address Challenges Women-owned Businesses Face

New Group will engage with Congressional Family Business Caucus on specific issues, policies affecting Women-owned businesses WASHINGTON, DC, UNITED STATES, January 15, 2025 /⁨EINPresswire.com⁩/ -- Family Enterprise USA has formed the Women’s …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 15, 2025 - 13:38 GMT

Newimes Hair Showcases Hair System Styling at COSMOPROF 2025, Featuring Renowned Stylists, January 21-23

The stage is set again at Booth 2357 to greet the hair industry’s big guns at COSMOPROF MIAMI 2025! MIAMI, FL, UNITED STATES, January 15, 2025 /⁨EINPresswire.com⁩/ -- Newtimes Hair, a global leader in the manufacturing of premium human hair …

Distribution channels: Beauty & Hair Care, Companies ...
Published on January 15, 2025 - 13:30 GMT

From $20.5 Billion to $29.7 Billion : Automotive Paints Market Outlook (2022–2031)

WILMINGTON, NEW CASTLE, DE, UNITED STATES, January 15, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, titled, “Automotive Paints Market," The automotive paints market was valued at $20.5 billion in …

Distribution channels: Automotive Industry, Companies ...
Published on January 15, 2025 - 13:30 GMT

Automotive Brake Pad Market to Reach $6.5 Billion by 2031, Growing at 5.6% CAGR - Allied Market Research

WILMINGTON, NEW CASTLE, DE, UNITED STATES, January 15, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, titled, “Automotive Brake Pad Market," The automotive brake pad market was valued at $3.8 …

Distribution channels: Automotive Industry, Companies ...
Published on January 15, 2025 - 13:30 GMT

Krispy Krunchy Chicken Names Jim Zielke Chief Financial Officer

Strengthens Leadership Team For Next Phase of Growth ATLANTA, GA, UNITED STATES, January 15, 2025 /⁨EINPresswire.com⁩/ -- Krispy Krunchy Chicken®, one of the fastest-growing hot food concepts in the convenience store business with over 3,200 …

Distribution channels: Business & Economy, Companies ...
Published on January 15, 2025 - 13:15 GMT

Jonathan Duquette Revolutionizes Roofing and Construction with Sustainable Nanotechnology Solutions

FL, UNITED STATES, January 15, 2025 /⁨EINPresswire.com⁩/ -- Jonathan Duquette, the innovative entrepreneur behind GoNano Inc., is disrupting the construction and roofing industries with his revolutionary nanotechnology solutions. As the CEO and …

Distribution channels: Business & Economy, Companies ...
Published on January 15, 2025 - 13:10 GMT

Rachel Dove Launches 'Dungeons Not Dating' App to Unite and Empower Dungeons & Dragons Enthusiasts

FL, UNITED STATES, January 15, 2025 /⁨EINPresswire.com⁩/ -- Rachel Dove, the founder of Dungeons Not Dating, is breaking barriers in the gaming community with a social networking app designed to bring Dungeons & Dragons (D&D) enthusiasts …

Distribution channels: Business & Economy, Companies ...
Published on January 15, 2025 - 13:08 GMT

Alana Bemmann: Empowering Women and Redefining Success in the Beauty Industry

FL, UNITED STATES, January 15, 2025 /⁨EINPresswire.com⁩/ -- Alana Bemmann, the powerhouse entrepreneur behind Cosmopolitan Academy and The Diamond Society, is redefining success in the beauty industry by empowering women to build profitable and …

Distribution channels: Business & Economy, Companies ...
Published on January 15, 2025 - 13:00 GMT

Orlando Cosmetic Dentist Launches Elite Dental Website for Modern, Holistic Practice

Dr. Nadine Ferbinteanu, lead dentist at Orlando-based practice Maple Dentistry, unveils a responsive website design to showcase her modern dental treatments. ORLANDO, FL, UNITED STATES, January 15, 2025 /⁨EINPresswire.com⁩/ -- Whether visiting the …

Distribution channels: Companies, Culture, Society & Lifestyle ...
Published on January 15, 2025 - 13:00 GMT

Steelhead Productions Earns Bronze Medal from EcoVadis for Sustainability Performance

EcoVadis Rating validates Steelhead’s business sustainability commitments and performance LAS VEGAS, NV, UNITED STATES, January 15, 2025 /⁨EINPresswire.com⁩/ -- Steelhead Productions, a leading full-service exhibit agency renowned for innovative …

Distribution channels: Companies, Conferences & Trade Fairs ...
Published on January 15, 2025 - 13:00 GMT

The True Story of How Greg Speirs and the Grateful Dead Sponsored the 1992 Lithuanian Olympic Basketball Team

Here's How the More Detailed Facts Regading the Funding of the 1992 Lithuania Basketball Team Went Down NEW YORK, NY, UNITED STATES, January 15, 2025 /⁨EINPresswire.com⁩/ -- During the awarding ceremony, Lithuanians decided to dress up in the …

Distribution channels: Business & Economy, Companies ...
Published on January 15, 2025 - 13:00 GMT

MiCamp Solutions Provides Free POS Systems and Payment Tools to Support Businesses Affected by Disasters

MiCamp Solutions offers free POS systems, payment tools, and expert support to disaster-affected businesses, helping them recover, rebuild, and thrive. SCOTTSDALE, AZ, UNITED STATES, January 15, 2025 /⁨EINPresswire.com⁩/ -- In a mission to support …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on January 15, 2025 - 13:00 GMT

The Good Feet Store Partners with Katie Couric Media to Help Individuals Get Back in the Picture

The Good Feet Store and Katie Couric Media Launch 2025 Campaign to Inspire Health, Wellness, and Getting Back in The Picture of the Life You Love DEL MAR, CA, UNITED STATES, January 15, 2025 /⁨EINPresswire.com⁩/ -- The Good Feet Store, the nation’ …

Distribution channels: Companies, Healthcare & Pharmaceuticals Industry ...