Wednesday, May 25, 2022: Life Sciences

Senators Maria Cantwell and Chuck Grassley introduced legislation that would prohibit certain pharmacy benefit managers (PBMs) from engaging in unfair pricing tactics such as “spread pricing” or deceptive claw back payments made to pharmacies. The “Pharmacy Benefit...

Wednesday, May 25, 2022: Life Sciences

Pfizer Inc. said it will sell 23 of its patent-protected drugs and vaccines at not-for-profit prices to 45 low-income countries beginning later this year, including treatments for cancer, heart conditions, and autoimmune diseases. In 2020, sales to developing...

Wednesday, May 25, 2022: Payers

A new analysis found that the No Surprises Act prevented more than two million potential surprise medical bills across all commercially insured patients in the first two months of 2022. It further estimated that, should the trend hold true, more than 12 million...