News Alert

Fourth Large Manufacturer Fights to Establish Contested 340B Rebate Model

BMS sued the federal government Nov. 26 to unilaterally establish a 340B rebate model.
Pharmaceutical giant Bristol-Myers Squibb (BMS) sued the federal government late Tuesday to establish a 340B rebate model, joining at least [...]

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Hospital Systems Fight HRSA’s Threat to Remove Them from 340B Program Over J&J Audits

Three 340B hospital systems are seeking temporary restraining orders against HRSA in the U.S. District Court for the District of Columbia.
Three large hospital systems are asking a federal court to immediately block the government from removing them from the 340B [...]

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News Alert

Proposition 34: Voters Narrowly Back Controversial California 340B ‘Revenge’ Ballot Measure

California voters narrowly endorsed Proposition 34, a controversial 340B-related ballot measure, in the Nov. 5 elections.
California voters have narrowly endorsed Proposition 34, a controversial Nov. 5 ballot measure that would require at least one major [...]

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340B Critic Cassidy to Chair Key Senate Committee

U.S. Sen. Bill Cassidy (R-La.) will chair the Senate Health, Education, Labor and Pensions Committee in the 119th Congress.
U.S. Sen. Bill Cassidy, a Louisiana Republican and outspoken critic of the 340B program, will lead the Senate committee tasked [...]

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GOP Retains Control of U.S. House to Put Republicans in Charge of Congress, White House

Republicans reportedly clinched control of the U.S. House of Representatives, though the leader of a committee with jurisdiction over 340B has not yet been decided.
Republicans reportedly clinched control of the U.S. House of Representatives on Wednesday, officially winning key races that put them over [...]

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News Alert

UCB Extends Contract Pharmacy Restrictions to All Federal Grantees

UCB announced extended 340B contract pharmacy restrictions that will take effect Nov. 25.
Belgium pharmaceutical giant UCB is extending its 340B contract pharmacy restrictions to all federal grantees and adding new data submission [...]

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Organon To Extend Contract Pharmacy Restrictions to CHCs on Dec. 1

Organon announced that, effective Dec. 1, it will extend its contract pharmacy restrictions to HRSA-funded health centers.
A New Jersey-based drugmaker announced this week that beginning in December, its 340B contract pharmacy restrictions will apply to Health [...]

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Total 340B Drug Purchases Reached $66 Billion in 2023

Total 340B purchases reached $66.3 billion in 2023, according to new HRSA data released Oct. 18.
Drug purchases under the 340B program reached $66.3 billion in 2023, marking a 24% increase over the $54 billion in [...]

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Federal Judge Upholds Louisiana’s 340B Contract Pharmacy Law in Another Major Blow to Drug Industry

A federal court upheld Louisiana’s contact pharmacy law this week, drawing praise from provider groups and criticism from the drug industry in the latest of such challenges across the nation.
A federal judge moments ago dismissed three drug industry challenges to Louisiana’s 340B contract pharmacy access law in another major [...]

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House Passes Pediatric Enrollment Bill That Would Require 340B Providers to Report Medicaid Managed Care Revenue

The U.S. House passed a bipartisan bill Tuesday evening to streamline Medicaid enrollment for pediatric providers that would also increase reporting requirements for certain 340B providers.
The U.S. House passed a bipartisan bill Tuesday evening to streamline Medicaid enrollment for pediatric providers that would also increase [...]

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