The 90-day reduction comes after trade officials met in Switzerland. The United States and China issued a joint statement outlining their agreement to reduce retaliatory tariffs for 90…
Read MorePharmaceuticals
Walgreens Agrees to Settlement Over Illegal Prescription Allegations
The pharmacy was accused of filling “excessive quantities of opioids.” Walgreen Boots Alliance has agreed to an up to $350 million settlement with the Department of Justice (DOJ),…
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President Proposes 25% Tariffs on Vehicles, Pharmaceuticals, and Microchips
He encourages foreign companies to bring manufacturing into the United States. President Donald Trump said that his administration would impose new tariffs on foreign-made automobiles, semiconductors, and pharmaceuticals…
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Federal Court Rules in Favor of Generic Drug Competition in Patent Case
The court orders the removal of improper patent listings, clearing the path for lower-cost medications. The Federal Circuit U.S. Court of Appeals recently upheld a lower court’s decision…
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VA Enters Into Development Partnership with Hoth Therapeutics
The biopharmaceutical company will research treatments for obesity and linked health conditions. The Department of Veterans Affairs (VA) recently finalized an agreement with biopharmaceutical company Hoth Therapeutics, which…
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Justice Department Sues CVS Over Prescription Metric Boosting
The department claims the practice contributed to the rise in opioid-related deaths. The Department of Justice (DOJ) sued CVS Health last week, alleging that the company knowingly filled…
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Pharmaceutical Companies Request Recusal of FTC Chair from Insulin Case
They claim she and other commissioners are prejudiced against pharmaceutical companies. This week, the top three pharmaceutical companies in the United States requested that Lina Khan, chair of…
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Supreme Court Declines Appeal by Former Pharma Executive
The court upholds the $64 million penalty, holding the former CEO liable for price gouging and fraud. The Supreme Court declined to hear an appeal filed by former…
Read MoreHHS Adds 54 Drugs to Medicaid Drug Rebate Program
Drugs will have a lowered coinsurance rate for 822,000 enrollees. The Department of Health and Human Services (HHS) announced that 54 drugs have been added to Medicaid’s Drug…
Read MoreHHS Reports Lower Medicare Prices on 10 Drugs
The deal is expected to save billions for Medicare and reduce out-of-pocket costs for millions of seniors starting in 2026. The Department of Health and Human Services (HHS)…
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