Prescription drug prices in the United States: Latest News, Top Stories & Analysis

Senior Savings Alert: Senators Push for Outreach on New Drug Cost Cap

October 4, 2024October 3, 2024 - by Maryann Pugh

WASHINGTON, D.C. — As the clock ticks down to January 2025, when a crucial element of the Inflation Reduction Act (IRA) takes effect, U.S. Senators Bob Casey (D-PA) and Raphael Warnock …

National

Biden Administration Announces Lower Costs for Medicare Drugs Following Price Negotiations

August 16, 2024August 16, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Biden Administration has announced new, reduced costs for the first ten drugs subject to Medicare price negotiations. This development marks a significant victory in the ongoing effort …

Business

Drug Channels Institute Releases Comprehensive Analysis on U.S. Pharmacies and PBMs, Highlighting Key Industry Trends

March 22, 2024March 22, 2024 - by Timothy Alexander

MALVERN, PA — The Drug Channels Institute (DCI), a division of HMP Global, recently unveiled its 2024 Economic Report on U.S. Pharmacies and Pharmacy Benefit Managers, offering an unparalleled look …

Corporations

The Revolution in Drug Pricing: Provell Pharmaceuticals and Cost Plus Drugs Forge New Pathway for Affordable Medication

March 20, 2024March 19, 2024 - by Timothy Alexander

HONEY BROOK, PA — Provell Pharmaceuticals recently announced a partnership with Mark Cuban’s brainchild Cost Plus Drug Company, PBC (Cost Plus Drugs). They are set on bringing life-saving drugs to …