News from Drug Prices
Stay current with all the latest and breaking news about Drug Prices, compare headlines and perspectives between news sources on stories happening today. In total, 137 stories have been published about Drug Prices which Ground News has aggregated in the past 3 months.
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Drug Prices · BostonThe media has written extensively about GSK's decision to stop selling its branded asthma inhaler Flovent and to replace it with a generic version. Outlets such as Fox Business and U.S. News and World Report have reported on the topic, but, remarkably, the stories fail to enlighten readers on why GSK chose to switch to a cheaper generic version of its inhaler.
Many of the stories seem to have been written by the same reporters, with industry cri…See the Story
Commentary: Pharmacy benefit managers, not Big Pharma, responsible for high drug prices
100% Center coverage: 1 sources
Drug Prices · LithuaniaPrices and purchases of pharmaceuticals and medical aids have legal gaps regarding the validity of the price, doubts and undeclared communications between decision-makers, says the Special Investigation Service (STT). The STT, after analyzing the risk of corruption in this process in the State Hospital Treasury (VLK) and the Ministry of Health (SAM), claims that the identified shortcomings pose a risk of possible abuse.See the Story
STT lacks justification for reimbursable drug prices, sees risk of abuse
Drug PricesA report by the Center for Pharmaceutical Professionals (Ceprofar) revealed a growth in drug prices of more than 50 percentage points above the CPI between November 2023 and February 2024. In addition, there was a drop in sales in pharmacies. Read moreSee the Story
Drugs increased almost 150% in four months and outpaced inflation
Bernie Sanders · United StatesPresident Joe Biden teamed up with Sen. Bernie Sanders on Wednesday to promote his administration’s efforts to lower the cost of inhalers and other health care needs, as the White House continues its effort to highlight Biden’s legislative achievements to voters ahead of the November elections.
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Biden and Sen. Bernie Sanders join forces to promote lower health care costs, including for inhalers
57% Center coverage: 23 sources
Joe Biden · United StatesWASHINGTON (Reuters) – The Biden administration said on Tuesday it has responded to offers from the manufacturers of 10 high-cost drugs selected for the U.S. Medicare program’s first-ever pricing negotiations, but provided no details. Part of 2022’s Inflation Reduction Act allows Medicare to negotiate prices for prescription drugs that had been particularly expensive for the federal health program that covers millions of Americans aged 65 an…See the Story
US takes next step in Medicare drug price negotiations with pharma companies
100% Center coverage: 2 sources
