Sumitomo Is Thirty-Second Company to Implement Contract Pharmacy Restrictions

Sumitomo is the 32nd pharmaceutical manufacturer to place restrictions on 340B drug shipment in the contract pharmacy setting.
Drugmaker Sumitomo Pharma America (SMPA) announced it will implement first-time contract pharmacy restrictions next month. The biotech company, which is [...]

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Astellas Adds Second Drug to 340B Contract Pharmacy Restrictions

Pharmaceutical manufacturer Astellas recently added a second medication to its 340B contract pharmacy restrictions.
Japanese drugmaker Astellas will soon extend its limits on 340B pricing to hospitals for its medication to treat overreactive bladder, [...]

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Amgen, J&J to Issue Refunds on High-Selling Drugs to 340B Providers

Amgen and J&J were the latest drugmakers to issue refunds on 340B drugs in notices posted on the Office of Pharmacy Affairs website.
Drugmakers Amgen and Johnson & Johnson have announced they will provide refunds to 340B providers on past purchases of multiple [...]

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Estimated 340B Revenue Exceeded Charity Care Spending for 85% of DSH Hospitals, Says Pharma-backed Group

340B revenue exceeds charity care spending for most DSH hospitals, said a report from drug industry-backed AIR340B.
Eighty-five percent of DSH hospitals earned more in estimated 340B revenue in 2022 than they incurred in charity care costs, [...]

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West Virginia Providers Praise Newly Passed State 340B Contract Pharmacy Protection Law

West Virginia providers said they strongly support the 340B contract pharmacy protection bill that Gov. Jim Justice (R) signed into law on March 27.
West Virginia provider groups are applauding a newly passed law to bar drugmaker 340B contract pharmacy restrictions in the state [...]

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Gaps in Hospital Financial Data Limit 340B Transparency, Analysis Says

A KFF issue brief examined gaps in available data on hospitals and health systems' finances and use of the 340B program.
Significant gaps in hospital and health system’s financial data, including 340B program use, “limit transparency for policymakers, researchers, and consumers,” [...]

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Three 340B Terminations, Seven Paybacks to Manufacturers in Latest Provider Audit Findings

Federal regulators released a March 20 update to ongoing 340B program integrity audits for fiscal year 2023.
Federal auditors determined terminations from the 340B program were required for either a covered entity site or a contract pharmacy [...]

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Judge Dismisses Health System’s Penny Pricing Coordination Lawsuit Against Drugmakers

A federal district judge has dismissed Calif.-based Adventist West's lawsuit against four drug manufacturers.
A federal judge recently dismissed a large California health system’s whistleblower case against four pharmaceutical companies for alleged fraudulent 340B [...]

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California Ballot Initiative Targets Big 340B Provider Serving HIV Population

Tom Myers, general counsel for AHF, said a California ballot measure is intended as retaliation against the HIV/AIDS group.
A California ballot initiative aims to codify the California governor’s 2019 shift of the Medicaid program’s prescription drug benefit from [...]

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Two Reports Critique Financial Dynamics of 340B Program

Recent reports from 46brooklyn, a nonprofit think tank, and IQVIA, a drug industry analytics firm, criticized the financial dynamics of 340B.
The 340B program may increase medication costs for self-insured employers, a recent study from a pharmaceutical industry outsourcing and analytics [...]

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