Category Archives: Pharmaceutical

Mother, Son Face Prison Time for Pharmacy Fraud

A mother and son based in Miami were sentenced today to 120 months and 30 months in prison, respectively, for their roles in spearheading a $9.5 million health care fraud conspiracy that targeted Medicare Part D. Assistant Attorney General Leslie … Continue reading

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Senators Demand Mylan Repay $50M to the Pentagon for EpiPen

A group of senators wants to know if Mylan Pharmaceuticals will refund $50 million for charging the Department of Defense “exorbitant rates” at retail pharmacies for the EpiPen emergency allergy device. Their demand followed a Reuters report last week that Pentagon spending … Continue reading

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Feds Probing Express Scripts’ Relationships with Drugmakers, Specialty Pharmacies

Federal investigators are looking into Express Scripts’ dealings with pharma companies, charitable foundations and specialty pharmacies. The nation’s largest pharmacy benefit manager on Tuesday revealed it received a civil investigative demand in August from the U.S. Attorney’s Office for the Southern … Continue reading

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CMS’ Slavitt Signals Tough Stance on Drug Costs

Dive Brief: As the U.S. faces increasing drug costs, pharmaceutical companies and investors can either continue to fight reality or to face it, CMS acting Administrator Andy Slavitt told attendees at last week’s Biopharma Congress in Washington, DC. As things stand, … Continue reading

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Walgreens Clinical Pharmacy Manager Pleads Guilty to Fraud Scheme

On Oct. 25, 2016, Amber Reilly, 33, of Jonesborough, Tenn., pleaded guilty to one count of healthcare fraud contained in a federal information, before the Honorable J. Ronnie Greer, U.S. District Judge.  Reilly was the former Clinical Pharmacy Manager at … Continue reading

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Drug Price Hikes May be Hitting Hospitals Harder than Consumers

Skyrocketing drug prices have hit hospitals even harder than consumers, according to a recent study from America’s biggest hospital lobbies. Annual inpatient drug spending was up an average of 23.4% between 2013 and 2015, and 38.7% on a per admission … Continue reading

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Novartis Pays $35 Million to Settle False Claims Case

Novartis Pharmaceuticals Corporation has paid more than $35 million to resolve federal and state False Claims Act allegations resulting from the off-label marketing for Elidel. Elidel is a cream approved by the Food and Drug Administration to treat eczema in … Continue reading

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EpiPen Pretax Profits 60% Higher Than Number Told to Congress

Company applied 37.5% tax rate onto the profits it revealed to a House committee hearing last week Mylan NV on Monday clarified the profit it said it made from its lifesaving EpiPen drug, days after House members badgered the company’s … Continue reading

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HHS Issues New Rules To Open Up Data From Clinical Trials

Universities and drug companies that use human volunteers for research face tough new rules designed to make sure that valuable information from these volunteers is widely available, not only to the volunteers themselves but to scientists trying to advance medical … Continue reading

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Walgreens Divests Stores Awaiting FTC Ruling

Walgreen Boots Alliance plans to divest more stores than it expected as it awaits the Federal Trade Commission’s decision of Walgreens’ proposed Rite Aid acquisition, reports Wall Street Journal. The drugstore operator said it expects to divest between 500 and … Continue reading

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