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Powell Cheers Markets Looking for Signs on Rate Cuts
New York Times· 4 hours agoThe S&P 500 winning streak rolled on after the Fed chair made encouraging comments about inflation and the state of the labor market. The S&P 500 is on a...
Ozempic's popularity leads to shortages for people with Type 2 diabetes
MPR News· 7 hours agoJim Cox had heard of people with Type 2 diabetes who were unable to get Ozempic because the drug was being used off-label for weight loss. Telehealth company Ro built a free online tool to help patients report shortages of these drugs.
Scoop: PBM execs to testify on July 23
Axios· 14 hours agoWhy it matters: The hearing adds to mounting bipartisan scrutiny of PBMs as lawmakers consider a flurry of legislation aimed at lowering drug costs by...
Pharmacy benefit managers profit at expense of patients and small pharmacies, FTC says
CNN via Yahoo Canada News· 17 hours agoPharmacy benefit managers, which negotiate the terms for prescription drug access for hundreds of...
CVS, UNH, and Cigna Unbowed by Critical FTC Report on Pharmacy Benefit Managers
Barrons.com· 21 hours agoThe federal government’s campaign against the pharmacy benefit management industry has escalated...
FTC report adds to scrutiny of drug middlemen
Axios· 21 hours agoPrescription drug middlemen took in nearly $1.6 billion in extra revenue on two cancer drugs in less than three years, by steering business to affiliated...
FTC Chair Khan slams PBMs for higher drug prices in an interim report on the industry
Yahoo Finance· 22 hours agoThe FTC released a much-anticipated interim report without taking any action. It comes as the Biden...
FTC report slams pharmacy ‘middlemen’ for seemingly driving up prices, limiting access
The Hill via Yahoo Canada News· 23 hours agoPharmacy benefit managers (PBMs) wield enormous power on the accessibility and affordability of...
Chip stocks, megacaps steer S&P 500, Nasdaq to record highs
StreetInsider· 1 day agoAI-chip favorite Nvidia jumped 4%, while Applied Materials and Micron Technology gained 2% and 3%, respectively, steering the Philadelphia SE Semiconductor index to a record high. The S&P 500 ...
Middlemen have outsized influence on US drug prices, FTC says
AOL· 1 day agoWASHINGTON (Reuters) -The consolidation of pharmacies and health insurance companies through years of dealmaking has led to a handful of pharmacy benefit managers exercising ...
