One of the greatest drivers of increases in drug spending comes in the form of launch prices for both new brand-name drugs and new generics. A new white paper from West Health, a non-profit that researches policy solutions for healthcare costs for seniors, and its Council for Informed Drug Spending Analysis (CIDSA), found that basing...National News
Seven hospital systems and three philanthropies joined forces to create a consortium of healthcare powerhouses with the common goal of lowering drug prices and addressing a drug shortage. The venture, dubbed Civica Rx, is a non-profit that works with generic drug companies to manufacture medications.
Insurers are now getting in on...Arizona News
The suit originated and is led by Connecticut and now includes 43 other state attorneys general including Arizona Attorney General Mark Brnovich.
Filed May 10 in U.S. District Court for the District of Connecticut, the 524 page suit claims Teva Pharmaceuticals USA, Pfizer, Sandoz, - a total of nearly two dozen makers of generic drugs...National News
Forty-five states, including Arizona, and the Department of Justice claim that generic drug prices are fixed, and the alleged collusion may have cost U.S. business and consumers more than $1 billion.
In their filing, prosecutors say that when pharmacies asked drug makers for their lowest price, the manufacturers would rig the bidding...