A federal appeals court unanimously rejected a Novo Nordisk challenge to Medicare's drug price negotiation program, a ruling that will allow the government to lump together products with the same ingredient for the purpose of choosing drugs for negotiation.
A new analysis by researchers at Johns Hopkins University shows the United States has become increasingly reliant on other countries for antibiotics over the past 30-plus years. The study, published in JAMA Health Forum, found that annual importation of antibiotics increased approximately 26-fold from 1992 through 2024.
Pharmacy chain Rite Aid closed all of its locations after filing for bankruptcy twice in less than two years. The retailer posted a brief announcement on its website. 'All Rite Aid stores have now closed,' the site states. 'We thank our loyal customers for their many years of support.' The website offers former customers their pharmacy and immunization history, as well as assistance with finding pharmacies that their prescriptions were transferred to. The drugstore chain operated in the U.S. for more than 60 years. The company had opportunities to merge with Walgreens in 2017 and Albertsons in 2018, but rejected both, according to Investopedia. Back in 1987, Rite Aid was the largest drug store chain in the U.S. with more than 2,000 stores, according to the financial media website.
A new study has discovered that drugs for diabetes and weight loss could significantly reduce mortality for Americans. Researchers at Swiss Re, a reinsurance company in Zurich, Switzerland, released estimations that GLP-1 drugs could lead to a 6.4% reduction in all-cause mortality in the U.S. by 2045.
President Donald Trump signed a memo Tuesday that directs the FDA and other agencies to step up enforcement against ubiquitous prescription drug ads on TV, websites and social media. The industry's multibillion-dollar marketing efforts have long been a target for Kennedy, who previously suggested banning all pharmaceutical ads from TV. That step would have almost certainly been struck down by federal judges, who have long accepted advertising as a First Amendment-protected form of speech.
President Donald Trump is ordering his health department to crack down on direct-to-consumer pharmaceutical advertising in a new memorandum signed Tuesday. The push, which aligns with past pledges from HHS Secretary Robert F. Kennedy Jr., aims to boost scrutiny of social media companies and influencers who promote medicines without proper disclosures, according to a senior administration official.