Category: Pharma Industry

Lawmaker Sponsoring 340B Transparency Bill Honored by PhRMA-Provider Group

August 29, 2023 Rich Daly, Editor in Chief Views

Rep. Larry Bucshon (R-Indiana) received the "Saving America’s 340B Program Leadership Award" award from ASAP 340B.

The congressional sponsor of legislation that would require hospitals and potentially other covered entities to publicly report their 340B revenue, [...]

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HHS Announces First 10 Drugs Eligible for Medicare Price Negotiations

August 29, 2023 William Newton, Associate Editor/Senior Writer Views

CMS issued the final rule to implement a $9 billion lump sum payment to 340B hospitals for previous illegal cuts between 2018 and 2021.

The Department of Health and Human Services (HHS) today announced the first 10 prescription drugs eligible for Medicare price negotiations [...]

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AstraZeneca Sues to Block Medicare Price Negotiations Over ‘Unintended Consequences’ to Orphan Drug Development

August 29, 2023 William Newton, Associate Editor/Senior Writer Views

AstraZeneca will discontinue a certain bottle dosage of its breast cancer drug Truqap (capiversatib) by the end of the year but allow 340B covered entities to replenish their supply with an equivalent dose in blister pack package form.

Drugmaker AstraZeneca sued the federal government to block Medicare drug price negotiations on Friday, just days before the government announced [...]

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Health Center Asks Court to Reject Drug Maker Briefs in Challenge to 340B Patient Definition

August 24, 2023 William Newton, Associate Editor/Senior Writer Views

Genesis Health Care successfully challenged HRSA's 340B patient definition in the U.S. District Court for the District of South Carolina.

A health center challenging the government’s 340B program patient definition in a federal district court recently asked a federal judge [...]

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Provider-PhRMA Coalition Adds Civil Rights Group

August 24, 2023 Rich Daly, Editor in Chief Views

ASAP 340B, a coalition of a drug industry trade group and a community health center organization, added a civil rights group to its membership.

An alliance led by a powerful drug industry trade group and community health center organization that is pushing for 340B [...]

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Drug Maker Owes 340B Providers Repayment, HRSA Pending Audit Finds

August 22, 2023 Rich Daly, Editor in Chief Views

A HRSA fiscal year 2023 audit tentatively found that drug maker Nephron Pharmaceuticals owes 340B repayments to providers.

The first posted fiscal year 2023 audit of a drug maker tentatively found the company owes repayments to providers. The [...]

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340B Drugs Among Those at Tornado-Hit Facility Requiring Direct Purchase

August 22, 2023 Rich Daly, Editor in Chief Views

Pfizer has limited multiple 340B-eligible drugs to direct purchase after a tornado damaged one of the drug maker's manufacturing facilities.

Federal officials confirmed that 340B-eligible drugs are among the 12 medications pharmaceutical manufacturer Pfizer has limited to direct purchase after [...]

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Share of Retail Pharmacies that Contract with ‘Core’ 340B Safety-Net Facilities Fell Over Time, Study Finds

August 17, 2023 Tom Mirga, Editor at Large Views

There has been a decline in the share of retail pharmacies that contract with 340B "core safety-net facilities," according to a JAMA Health Forum study.

The proportion of retail contract pharmacies in the 340B program that contract exclusively with “core safety-net” facilities fell from 95% [...]

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HHS Asks Court to Deny Injunction Against Medicare Drug Price Negotiations

August 17, 2023 Tom Mirga, Editor at Large Views

HHS asked the U.S. District Court in Dayton, Ohio to deny a preliminary injunction that would prevent Medicare drug price negotiations.

The U.S. Department of Health and Human Services (HHS) asked a federal court to deny a preliminary injunction sought by [...]

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Pfizer Changes Costly Cardiac Drugs’ Access Rules for 340B Providers

August 17, 2023 Tom Mirga, Editor at Large Views

Pfizer has limited multiple 340B-eligible drugs to direct purchase after a tornado damaged one of the drug maker's manufacturing facilities.

Drug manufacturer Pfizer is changing how healthcare providers access 340B pricing on two expensive, related heart medicines, effective Nov. 1, [...]

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