Category: Pharma Industry

News Alert

BMS Expands 340B Contract Pharmacy Conditions, Including for Grantees

October 6, 2023 Views

Bristol Myers Squibb has announced updates to its conditions on pharmaceutical sales involving contract pharmacies.

Bristol Myers Squibb (BMS) announced updates to its conditions on pharmaceutical sales involving contract pharmacies, effective Nov. 1. BMS outlined [...]

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Novartis Offering 340B Refunds on Two Diagnostic Radiopharmaceuticals

October 5, 2023 Views

Drugmaker Novartis is offering refunds to 340B covered entities on certain purchases of two radiopharmaceuticals.

Drug manufacturer Novartis is offering 340B covered entities refunds on purchases of two imaging agents, partly contingent on whether an [...]

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Major Drugmakers Agree to Negotiate Drug Prices with Medicare

October 5, 2023 Views

Judge Michael Newman of the U.S. District Court for the Southern District of Ohio denied a business group's request to pause Medicare negotiations while legal challenges to the IRA play out.

Medicare drug price negotiations will move ahead as planned after major drugmakers agreed to participate and a federal district judge [...]

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Eisai Adopts 340B Contract Pharmacy Restrictions, Pfizer and GSK Update Their Limits

October 3, 2023 Views

Drugmaker Eisai's 340B hospital contract pharmacy restrictions will not apply to Arkansas and Louisiana providers.

Japanese pharmaceutical manufacturer Eisai will restrict 340B pricing on six drugs when dispensed by hospitals’ contract pharmacies. It is the [...]

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AbbVie Joins Legal Battle Over Louisiana’s 340B Contract Pharmacy Law

October 3, 2023 Views

Hospital groups urged a federal district court to dismiss drugmaker AbbVie's lawsuit against Lousiana's 340B contract pharmacy law.

Drugmaker AbbVie has sued Louisiana over its 340B contract pharmacy law, joining a series of drug industry suits that challenge [...]

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Lilly and Novo Post 340B Refund Notices, Amgen Posts 340B Replenishment Notice

September 28, 2023 Views

Lilly and Novo Nordisk are refunding 340B covered entities on some products due to 340B ceiling price adjustments.

Drugmakers Lilly and Novo Nordisk are giving covered entities refunds on some products due to 340B ceiling price adjustments, according [...]

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Transparency, Patient Assistance Requirements Needed in 340B, Say Drugmaker-Backed Groups

September 28, 2023 Views

Justin Leventhal, a senior policy analyst for the American Consumer Institute, has advocated for more 340B transparency alongside other drugmaker-backed groups.

Amid ongoing congressional legislative proposals to boost transparency and other requirements for 340B hospitals, two advocacy groups that receive drugmaker [...]

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Providers Try a Range of Responses to Manufacturer 340B Contract Pharmacy Restrictions

September 26, 2023 Views

Community health centers are attempting to mitigate the adverse financial effects of manufacturer 340B contract pharmacy restrictions on their organizations, said Colleen Meiman, national policy advisor for State & Regional Associations of Community Health Centers.

Amid an increasing number of drugmaker restrictions and requirements on the use of contract pharmacies, 340B providers are trying a [...]

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Federal Appeals Court Judges Press Both Sides in Key Hearing on Arkansas 340B Contract Pharmacy Law

September 21, 2023 Views

Chief Judge Lavenski Smith of the 8th Circuit Court of Appeals and two other federal judges heard highly anticipated oral arguments for PhRMA v. McClain in a case that challenges Arkansas' 340B contract pharmacy law.

Attorneys representing Arkansas and 340B providers sparred with a drug industry lawyer over the constitutionality of Arkansas’ first-in-the-nation 340B contract [...]

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Teva Ends 340B Contract Pharmacy Restrictions in Arkansas in Response to State Law

September 21, 2023 Views

The final HRSA manufacturer 340B program audit conducted in fiscal year 2023 had no adverse findings for Teva Pharmaceuticals.

Teva Pharmaceuticals this week ended its 340B contract pharmacy restrictions in Arkansas in response to a state law that prevents [...]

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