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Lawmakers will investigate a wide range of issues involving the FDA's drug review and national security policies as part of Congress' effort to reauthorize the Prescription Drug Use Fee Act (PDUFA), according to a key House staffer.
States routinely overpay for Medicaid drugs because of the way pharmacy reimbursements are calculated, the House Energy and Commerce Committee said Dec. 1, citing a Nov. 30 report by the Government Accountability Office (GAO).
Tamiflu’s price is significantly higher for non-pandemic use, with Roche charging between 20 euros and 51 euros ($23.54-$60.00) for one course of treatment.
Retail prices for frequently used brand drugs have increased roughly three times faster than those of commonly used generic drugs, according to a Government Accountability Office (GAO) report.
Investigating off-label drug fraud remains a top priority at the Department of Justice (DOJ), especially in light of the government's aim to cut $10 billion from Medicaid and new competitive pressures expected with next year's Medicare prescription drug benefit, says a top DOJ official.
Biogen Idec recently announced it will lay off 650 employees following the decision last winter to voluntarily withdraw its once promising multiple sclerosis drug Tysabri.
Antibiotics designed to treat drug-resistant infections could become the lucrative exceptions in an over-saturated antibiotics market, according to a new report.
California Attorney General Bill Lockyer has added more than three dozen pharmaceutical firms to a federal price-gouging lawsuit that accuses drugmakers of bilking the state’s Medicaid program out of hundreds of millions of dollars.
Generic drug prices rose far less in 2004 than in prior years, while brand drug prices far outpaced inflation, according to AARP’s “Trends in Manufacturer Prices of Prescription Drugs Used by Older Americans,” released Aug. 16.