News Alert

Boehringer Ingelheim Expands its 340B Drug Pricing Restrictions

Boehringer Ingelheim wordmark and logo mounted on building
Boehringer Ingelheim said on Friday that health centers will be subject to its limits on 340B pricing involving contract pharmacies starting Sept. 1.

Drug manufacturer Boehringer Ingelheim (BI) said on Friday that health centers will be subject to its limits on 340B pricing involving contract pharmacies starting Sept. 1. The restrictions previously applied to hospitals only. “At this time, for all other federal

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New PhRMA-Funded Study Questions 340B Hospital Eligibility Yardstick

bar charts of percent of claims of inpatients and outpatients in 2020
New PhRMA-funded research shows that Medicare beneficiaries who were inpatients at 340B DSH hospitals were approximately 35% more likely to have the Part D Low Income Subsidy (LIS) and to be dually eligible for Medicare and Medicaid than were beneficiaries served on an outpatient basis.

Patients receiving inpatient care at 340B disproportionate share hospitals are significantly more likely to be low income than those receiving outpatient care, according to a new study funded by the brand name drug trade group PhRMA.

Hospital eligibility in the

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Purdue Pharma Is Providing 340B Refunds Spanning 16 Years of Overcharges

A bottle of Betasept antiseptic scrub
Purdue Pharma announced refunds for 340B overcharges on Betasept antiseptic surgical scrub for purchases spanning 16 years—more than half of the 340B program's existence.

Purdue Pharma’s Avrio Health subsidiary is giving 340B covered entities refunds for overcharges on Betasept antiseptic surgical scrub for purchases spanning 16 years—from Q2 2005 through Q2 2021. That period covers more than half of the 340B program’s existence.

During

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AIDS Healthcare Foundation Calls PhRMA’s Washington Post 340B Ad “Hypocritical Slander”

screenshot of Let it B. website
AIDS Healthcare Foundation recently refreshed its let340b.org website, roughly the same time as PhRMA ran a full-page ad in The Washington Post saying the 340B program doesn't help patients.

The brand drug industry’s recent full-page ad in The Washington Post saying the 340B program helps big hospitals and chain pharmacies but not patients is “hypocritical slander,” AIDS Healthcare Foundation President Michael Weinstein said last week.

“PhRMA calling for drug price

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Part 2: “There Have Been Challenges Up and Down the Supply Chain”: The View from the Field and Responses from Stakeholders

Beth Peery headshot
Beth Peery is the 340B Coordinator at Memorial Health Systems in Seward, Nebraska, a town of 6,000 in the southeastern part of the state.

A Special Report From 340B Report:
A two-part series on the growing frustrations safety net providers face in restoring access to 340B pricing in the contract pharmacy setting. Part 1 provides important background on the challenges that covered entities face

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Part 1: “I Don’t Want to Go Through This Nightmare”: Frustrations Grow Over Significant Delays in Restoration of 340B Pricing for Contract Pharmacy Purchases

screenshot of 340B ESP Get Started page

A Special Report From 340B Report:
A two-part series on the growing frustrations safety net providers face in restoring access to 340B pricing in the contract pharmacy setting. Part 1 provides important background on the challenges that covered entities face and

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As Part of New Ad Campaign, PhRMA Buys Full-Page Ad in Washington Post Blasting 340B Hospitals and Pharmacy Chains

PhRMA trade association ad about 340B
PhRMA ran a full-page ad in today's Washington Post saying 340B helps big hospitals and chain pharmacies, not patients.

Pharmaceutical Research and Manufacturers of America ran a full-page advertisement in the A section of The Washington Post this morning blasting 340B hospitals and drug store chains. According to a PhRMA spokesperson, it is part of a new ad campaign

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In Effort to Rein in High Prices, Another Big Player Jumps into the Insulin Market

Screenshot of Gov. Gavin Newsom in a television address
California Gov. Gavin Newsom (D) announced in a video message on Twitter that the state set aside $100 million to develop and manufacture its own low-cost insulin.

California will start making its own insulin under a state budget bill Gov. Gavin Newsom (D) signed June 30.

The bill includes $50 million to develop three low-cost biosimilar insulin products and another $50 million for a California-based insulin-manufacturing facility.

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Lilly Announces Fourth Round of Refunds for 340B Overcharges in 2019

Lilly wordmark building-mounted sign
Lilly for the fourth time this year has announced refunds for overcharges on 340B-purchased drugs during 2019.

For the fourth time this year, drug manufacturer Lilly has announced refunds for overcharges on 340B-purchased drugs during 2019.

The U.S. Health Resources and Services Administration (HRSA) posted the notice, dated May 27, on the Office of Pharmacy Affairs website

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340B Sales Were $38.8 Billion in 2020, PhRMA-Funded Study Finds

Image of BRG 340B program white paper title page
Prescription drugs sales at 340B prices were $38.8 billion in 2020, a new PhRMA-funded study says.

Prescription drugs sales at 340B prices were $38.8 billion in 2020, “more than three times the level of 340B sales compared to just five years prior,” new drug industry funded research shows.

Total sales would have been $93.6 billion if

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