Thu.Mar 02, 2023

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Eli Lilly Slashing Insulin Prices, Capping Monthly Out of Pocket Costs For Many

Drug Topics

The pharmaceutical giant announced a 70% price reduction for most of its commonly sold insulin.

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Why Congress should prioritize fixing the 340B program

PhRMA

Nearly all Americans nationwide agree: Lowering out-of-pocket costs for health care should be a top priority for policymakers. Luckily, there are commonsense policies Congress could implement to meaningfully address the cost burdens Americans face. These include things like making sure patients aren’t paying more for their medicines than their health insurance company or requiring first-dollar coverage, so insurance companies cover the cost of certain lifesaving medicines from day one of the pla

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Register Today to Attend the Next Total Pharmacy® Solutions Summit

Drug Topics

The Total Pharmacy® Solutions Summit will take place on April 8, 2023.

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Insurer and PBM tactics are shifting higher costs to patients with chronic and complex conditions

PhRMA

Health plans are increasingly using deductibles and coinsurance to shift more of the cost of care to chronically ill patients taking brand medicines. As data from IQVIA show, this alarming trend is especially burdensome for patients with cancer, who pay nearly 10X more on average per year for their medicines when they face deductibles and coinsurance versus patients with only fixed copays.

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From Diagnosis to Delivery: How AI is Revolutionizing the Patient Experience

Speaker: Simran Kaur, Founder & CEO at Tattva Health Inc.

The healthcare landscape is being revolutionized by AI and cutting-edge digital technologies, reshaping how patients receive care and interact with providers. In this webinar led by Simran Kaur, we will explore how AI-driven solutions are enhancing patient communication, improving care quality, and empowering preventive and predictive medicine. You'll also learn how AI is streamlining healthcare processes, helping providers offer more efficient, personalized care and enabling faster, data-driven

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FDA Accepts Verrica's Resumbitted NDA for VP-102

Drug Topics

VP-102 hopes to treat molluscum contagiosum, pending approval from FDA

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Launched with a ‘pioneer’ in RNA, aTyr Pharma is charting a new course in immunology

PharmaVoice

With a focus on rare and hard-to-treat diseases, aTyr is banking on its head start in tRNA and vast IP portfolio to build a billion-dollar company.

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More Trending

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Report: Obesity could cost the world over $4 trillion a year by 2035

STAT

The costs of obesity are projected to soar globally, in step with rising prevalence, according to a new report from the World Obesity Federation, the only group focused solely on tracking global obesity trends and a partner of the World Health Organization. Over half the world’s population will be either overweight or have obesity by 2035, the report projected, while the economic impact of a high BMI could reach $4.32 trillion annually, if current trends continue and policy inertia around

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The ‘recovering academic’ leading Allogene to the next stage of cell therapy

PharmaVoice

Zachary Roberts joined Allogene at the beginning of this year to lead the company's R&D and bring allogeneic cell therapy to the forefront.

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Advocates, lawmakers warn that Biden telehealth rule will worsen opioid crisis

STAT

Doctors, public health experts, and even Democratic members of Congress are sounding the alarm on a new Biden administration proposal to restrict access to a key addiction-treatment medication. The proposal would curtail access via telehealth to buprenorphine, a common and highly effective drug used to treat opioid use disorder. While doctors can currently give out both new buprenorphine prescriptions and refills after telemedicine visits, the new rule would require an in-person examination for

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Teladoc-owned BetterHelp to pay $7.8M to online therapy users for alleged data misuse, per FTC order

Fierce Healthcare

Teladoc-owned BetterHelp to pay $7.

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Position Your Pharmacy for Expansion

Speaker: Chris Antypas and Josh Halladay

Access to limited distribution drugs and payer contracts are key to pharmacy expansion. But how do you prepare your operations to take the next step? Meaningful data: Collect and share clinical data regarding outcomes, utilization, and more Reporting: Limited distribution models require efficient tracking and reporting systems Workflows: Align workflows with specific pharma and payer contractual requirements For in-depth, expert insights on pharmacy expansion, watch this webinar from Inovalon.

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Same patient, same drug, same insurer — coverage denied

STAT

Janice Morales-Ferrer is a planner. It’s helped her get ahead in her career and in raising three young kids. But it’s hard to plan when you’ve got a rare disease, especially one with no standard treatment regimen or predictable outcome. “I’m a data-driven person,” said the 46-year-old Boston area resident. “It’s frustrating for me to not be able to plan how long I can live for my kids.

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Humana, Aledade ink 10-year value-based care partnership

Fierce Healthcare

Humana, Aledade ink 10-year value-based care partnership pminemyer Thu, 03/02/2023 - 15:52

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Walmart to open 28 new Walmart Health Centers

Drug Store News

This expansion will increase Walmart Health’s footprint into two new states, including Missouri and Arizona.

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US FDA approves Reata Pharmaceuticals’ SKYCLARYS for Friedreich’s ataxia

Pharmaceutical Technology

The US Food and Drug Administration (FDA) has approved Reata Pharmaceuticals ’ oral, once-daily medication SKYCLARYS (omaveloxolone) to treat Friedreich’s ataxia patients. SKYCLARYS is indicated to treat the ultra-rare, inherited neurodegenerative disorder in 16 years and above-aged adults and adolescents in the US. SKYCLARYS is the first approved treatment in Friedrich’s Ataxia and marks a milestone for drug development in this complex disease.

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What the FDA's New Dosage Guidance Means for the Future of Clinical Research

Speaker: Dr. Ben Locwin - Biopharmaceutical Executive & Healthcare Futurist

What will the future hold for clinical research? A recent draft from the FDA provides valuable insight. In "Optimizing the Dosage of Human Prescription Drugs and Biological Products for the Treatment of Oncologic Diseases," the FDA notes that "targeted therapies demonstrate different dose-response relationships compared to cytotoxic chemotherapy, such that doses below the Maximum Tolerated Dose (MTD) may have similar efficacy to the MTD but with fewer toxicities.

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S.C. Johnson unveils FamilyGuard brand disinfectant cleaners

Drug Store News

FamilyGuard comes in two formulations and two scents.

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Novo Nordisk to create one of its largest R&D hubs outside of Denmark

Outsourcing Pharma

Novo Nordisk is to expand its research and development (R&D) presence in the greater Boston metro area.

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Primary care business Cano Health secures $150M loan as its losses swelled in 2022

Fierce Healthcare

Primary care business Cano Health secures $150M loan as its losses swelled in 2022 hlandi Thu, 03/02/2023 - 08:12

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Opinion: New analysis: CMS vastly overestimates hospital price transparency efforts

STAT

More than two years after a federal rule required hospitals to post their actual prices, the Centers for Medicare & Medicaid Services has finally responded to public pressure about the failure of many hospitals to be transparent about what they charge for their services. Unfortunately, CMS’s new hospital compliance report gaslights American health care consumers by claiming that most hospitals are following the rule.

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5 Reasons to Upgrade Your Pharmacy Management Software

Are you still using workarounds to manage your daily operations? To achieve peak performance, it's time to explore other options for specialty and infusion pharmacy software. Streamline pharmacy operations and improve clinical performance with automated processing, real-time data exchange, and electronic decision support. Download this helpful infographic to: Drive efficiency and patient adherence from referral receipt to delivery and ongoing care – all with our Pharmacy Cloud.

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Telelactation startup SimpliFed teams up with Nature's One to expand access to affordable organic baby formula

Fierce Healthcare

Telelactation startup SimpliFed teams up with Nature's One to expand access to affordable organic baby formula agliadkovskaya Thu, 03/02/2023 - 13:52

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FDA rejected Neuralink study pitch, Meta and ByteDance get into proteins, & Color layoffs

STAT

You’re reading the web edition of STAT Health Tech, our guide to how tech is transforming the life sciences.  Sign up to get this newsletter  delivered in your inbox every Tuesday and Thursday.

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UnityPoint Health, Presbyterian Healthcare set sights on 40-plus hospital merger

Fierce Healthcare

UnityPoint Health, Presbyterian Healthcare set sights on 40-plus hospital merger dmuoio Thu, 03/02/2023 - 15:31

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STAT+: Presbyterian and UnityPoint propose latest cross-market hospital merger

STAT

In what may well be the latest fad in hospital consolidation, two not-for-profit health systems located across the country from one another are seeking to link up — this time, to create a system with roughly $11 billion in revenue. UnityPoint Health and Presbyterian Healthcare Services announced Thursday they’ve inked a letter of intent to explore a merger.

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Walgreens Boots Alliance sells 15.5M shares of Option Care Health

Drug Store News

After the sale, Walgreens Boots Alliance’s ownership of Option Care Health’s common stock decreased from approximately 14% to approximately 6%.

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Ontrak CEO faces charges of insider trading to allegedly duck $12.5M in losses

Fierce Healthcare

Ontrak CEO faces charges of insider trading to allegedly duck $12.

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Double win for StudyKIK's oncology and cash apps helping trial patients

Outsourcing Pharma

Year on year, the SCOPE summit brings thousands of people working in the pharma field together and the last one attracted more than 2,300 leaders in clinical operations and research.

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The best low-histamine diet

The Checkup by Singlecare

If you’ve been experiencing symptoms of histamine intolerance or sensitivity —such as itching, hives, sneezing, headaches, and nausea—you’re likely looking for ways to alleviate your discomfort. A low-histamine diet is one strategy that could help. Learn which foods to eat and which to avoid when this eating plan is recommended, and other possibilities for dealing with this condition.

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Listen: The next CRISPR fight, cheaper insulin, & an FDA shuffle

STAT

Who invented CRISPR 2.0? What happens when a drug company actually lowers prices? And is Novavax going to survive? We cover all that and more this week on “The Readout LOUD,” STAT’s biotech podcast. Our colleague Allison DeAngelis joins us to explain how the latest CRISPR breakthrough is shaping up to be a free-for-all among a multitude of companies and labs, including some of the biggest names in biotech.

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The Behavioral Health Ecosystem Is Still Out of Alignment

Fierce Healthcare

The Behavioral Health Ecosystem Is Still Out of Alignment jpiatt Thu, 03/02/2023 - 14:19

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Helina Blogs: Living in Duality

Colors Make me Happy

A person cannot physically be in two places at once, but their mind and soul certainly can be. When I landed in America as a teenager, I had no doubt that I was a Kurdish refugee from Iraqi Kurdistan. Being young, America quickly made its way into my mind, body, and soul—and I’m glad that it did. But after that, the duality set in. There are so many aspects of the U.S. that I love, as there are so many things about Kurdistan that I not only love, but feel have created me.

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Kroger builds upon impressive Q4 earnings with full year results

Drug Store News

The retailer’s Q4 saw identical sales without fuel increase by 6.2%, while total company sales were $34.8 billion.

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Double win for StudyKIK's oncology and cash apps helping trial patients

Outsourcing Pharma

Year on year, the SCOPE summit brings thousands of people working in the pharma field together and the last one attracted more than 2,300 leaders in clinical operations and research.

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Perrigo receives FDA OK for store brand OTC Advil Dual Action tablets

Drug Store News

The company anticipates launching the OTC pain reliever by spring 2023.

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Chutes & Ladders—MetroHealth CFO resigns; Henry Ford hires new head of neurology

Fierce Healthcare

Chutes & Ladders—MetroHealth CFO resigns; Henry Ford hires new head of neurology aburky Thu, 03/02/2023 - 15:45

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