pharmaceutical companies profit
Drugmakers, pharmacy middlemen sued over insulin prices
The companies that make prescription drugs and the pharmacy middlemen that buy them have been quick to blame each other for inflating prices. But now they’re being accused of conspiring to increase the cost of insulin, a lifesaving medicine for many with diabetes. Arkansas Attorney General Leslie Rutledge made the allegations in a lawsuit that […]
Chucking insurance
To a growing number of pharmacists, using insurance to pay for most generic drugs makes about as much sense as getting auto insurance to cover your oil changes. Problem is, if you try to buy generics without using your insurance card at the vast, vast majority of American pharmacies, you’re going to pay a “cash” […]
Reports: Drug manufacturers and middlemen both responsible for rising consumer costs
The world of prescription drug pricing can be bewildering — intentionally so, some critics of the industry claim. Whether that’s true or not, several reports this year show that the supply chain’s alchemy of list prices, rebates and net prices hurts consumers. And a U.S. Senate report says drugmakers and middlemen share the blame. The […]
Don’t let Big Pharma capitalize on coronavirus
The new COVID-19 coronavirus has spread to pandemic proportions, infecting people in 30 countries as it makes its way from continent to continent. The Centers for Disease Control (CDC) warned that it’s a matter of when, not if, the virus will spread across America. The world needs a coronavirus vaccine now — one that is […]