Category: Pharma Industry

Study Finds Oncology Markups at 340B Pediatric Hospitals; AHA Slams Study and Funder

July 16, 2024 Shannon Young, Associate Editor/Senior Writer Views

New research looked at the prices 340B-enrolled pediatric hospitals charged for pediatric oncology drugs.

The rates 340B pediatric hospitals negotiate with payers for new pediatric oncology drugs often exceed a medication’s average sale price, [...]

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Sumitomo Loosens 340B Contract Pharmacy Restrictions in Five More States

July 16, 2024 William Newton, Associate Editor/Senior Writer Views

Sumitomo Pharma America loosened or ended its 340B contract pharmacy restrictions in an additional five states.

Drugmaker Sumitomo Pharma America (SMPA) is partially or fully exempting providers in five additional states from its 340B contract pharmacy [...]

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Pharma-Linked Conservative Nonprofit Launches Ad Campaign to ‘Stop the Feeding Frenzy’ in 340B

July 11, 2024 William Newton, Associate Editor/Senior Writer Views

The Council for Citizens Against Government Waste has launched a new ad campaign that criticizes the 340B program.

An anti-government waste group with ties to the drug industry is urging lawmakers to “stop the feeding frenzy” in the [...]

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Drug Industry Takes Issue with IRA’s Drug Negotiation Guidance

July 11, 2024 Shannon Young, Associate Editor/Senior Writer Views

PhRMA recently urged CMS to establish a neutral clearinghouse and require accurate use of 340B claim modifiers to address nonduplication in its final guidance for Medicare drug price negotiations under the IRA.

Editor’s Note: In Tuesday’s issue, we looked at comments from 340B provider stakeholders, today we look more closely at the [...]

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Apotex to Issue Refunds to 340B Covered Entities

July 11, 2024 Shannon Young, Associate Editor/Senior Writer Views

Apotex Corp. announced in a July 2 notice to 340B providers that it will issue refunds to 340B covered entities that purchased any of nearly 400 products.

A Canadian drug manufacturer recently announced that it will refund covered entities for hundreds of different products purchased between 2021 [...]

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Astellas Suspends its Contract Pharmacy Restrictions in More States; BMS and Sanofi Also Announce State Exemptions

July 9, 2024 Shannon Young, Associate Editor/Senior Writer Views

Astellas Pharma announced the suspension of its contract pharmacy policy in Maryland and Mississippi.

A Japanese drug manufacturer has ended its 340B contract pharmacy restrictions in Maryland and Mississippi in conjunction with new contract [...]

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AbbVie, AstraZeneca Sue Minnesota Over Contract Pharmacy Access Law

July 9, 2024 Shannon Young, Associate Editor/Senior Writer Views

AbbVie and AstraZeneca filed a pair of lawsuits to block Minnesota's law barring manufacturer 340B contract pharmacy restrictions.

Two major drug manufacturers are suing Minnesota to block a new 340B contract pharmacy access law, which took effect this [...]

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Federal Judge Denies Drugmakers’ Bids to Block Mississippi’s New 340B Contract Pharmacy Access Law

July 3, 2024 William Newton, Associate Editor/Senior Writer Views

U.S. District Judge Halil Ozerden denied separate motions from PhRMA and Novartis to block Mississippi’s 340B contract pharmacy access law.

A federal district judge has rejected two drug industry attempts to block Mississippi’s new state law prohibiting drugmaker 340B contract [...]

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Missouri GOP Lawmaker Slams State AG’s ‘Irresponsible’ Claims Linking 340B Bill to Abortion As Governor’s Decision Looms

July 2, 2024 William Newton, Associate Editor/Senior Writer Views

Missouri Attorney General Andrew Bailey (R) was rebuked by a GOP state lawmaker for linking a state 340B contract pharmacy bill to abortion.

Missouri Gov. Mike Parson (R) has less than two weeks to decide the fate of a 340B contract pharmacy access [...]

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Viatris Becomes 37th Manufacturer to Place Restrictions on 340B Contract Pharmacy Use; Policy Applies to Hospitals and Health Centers

July 2, 2024 William Newton, Associate Editor/Senior Writer Views

Drug manufacturer Viatris has placed 340B contract pharmacy restrictions on hospitals and community health centers.

Canonsburg, Penn.-based Viatris yesterday became the 37th drugmaker to restrict the shipment of 340B-priced drugs in the contract pharmacy setting. [...]

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