Washington’s revolving door kept spinning this week as the DEA’s recently departed second-in-command returned for another stint with a consulting firm where he previously advised Purdue Pharma.
Stocks that traded heavily or had substantial price changes on Wednesday: Rocket Pharmaceuticals, Moderna rise; American Airlines, Spirit Airlines fall.
The Kroger Co. has agreed to pay up to $1.4 billion to settle lawsuits over the toll of opioids. The supermarket chain announced the plan on Friday.
A third Democratic candidate has announced that she’s running for a western Wisconsin congressional seat held by freshman Republican Rep.
President Joe Biden is touting his administration’s efforts to lower medical costs. Officials on Tuesday announced the first 10 drugs that would be targeted for Medicare price negotiations.
Even President Joe Biden has some regrets about the name of the Inflation Reduction Act. As the giant law turns 1 on Wednesday, it’s increasingly clear that immediately curbing prices wasn’t the point.
CVS Health topped second-quarter expectations, but the health care giant’s profit sank as pricing pressure hurt its drugstores and a jump in care use hit the insurance side.
Amazon is adding video telemedicine visits in all 50 states to a virtual clinic it launched last fall, as the retail giant takes a deeper step into care delivery.
A Georgia judge says rapper Quando Rondo can no longer drive and must undergo drug testing if he wants to stay out of jail while awaiting trial on gang and drug charges.
A tornado that tore through eastern North Carolina and struck a large Pfizer pharmaceutical plant has damaged its drug storage facility but not its medicine production areas.
The U.S. Drug Enforcement Administration’s second-in-command has quietly stepped down amid reporting by The Associated Press that he previously consulted for a pharmaceutical distributor sanctioned for a deluge of suspicious painkiller shipments and did similar work for the drugmaker that became the
President Joe Biden has rolled out a new set of initiatives to reduce health care costs. The initiatives out Friday include a crackdown on what he calls “junk” insurance plans, new guidance to prevent surprise medical bills and an effort to reduce medical debt tied to credit cards.
The Justice Department has charged dozens of people in several health care fraud and prescription drug schemes.
The Supreme Court has unanimously revived whistleblower lawsuits claiming that supermarket and pharmacy chains SuperValu and Safeway overcharged government health-care programs for prescription drugs by hundreds of millions of dollars.
HARTFORD, Mich. (AP) — A woman who served as a police chief in southwestern Michigan was charged Wednesday with stealing and selling drugs when she led the department.
Massachusetts attorney general reaches $6.1M settlement with CVS on workers’ compensation drug costs
BOSTON (AP) — Massachusetts Attorney General Andrea Campbell said Monday that she’s reached a $6.1 mllion settlement with CVS to resolve allegations the pharmacy failed to follow state rules designed to keep costs down in the workers’ compensation insurance system.
Three progressive groups are spending more than $20 million in a new national ad campaign to promote President Joe Biden’s record as he begins his 2024 reelection race.
CVS Health beat first-quarter expectations as revenue grew from all parts of its business, but the health care giant chopped its 2023 earnings forecast after closing a pair of multibillion-dollar deals.
UnitedHealth beat first-quarter forecasts and hiked its 2023 guidance for the first time, pushed in part by more growth from its Optum care segment.
The U.S. Food and Drug Administration has approved selling overdose antidote naloxone over-the-counter, marking the first time an opioid treatment drug will be available without a prescription.
MEXICO CITY (AP) — The U.S. State Department issued a travel alert Wednesday for Americans planning to spend Spring break in Mexico.
California Gov. Gavin Newsom is withdrawing a $54 million contract with Walgreens. Newsom said Wednesday that the state will not renew the contract after the company indicated it would not sell abortion pills by mail in some conservative-led states.
WeightWatchers’ acquisition of a telehealth company is just the latest commercial push into the market for a new generation of medications that promise significant weight loss.
The recent kidnapping of four Americans in Mexico highlighted a common practice for many people in the U.S.: traveling to other countries for medical care that either is not available at home or costs a lot less.
President Joe Biden has started to unveil parts of his budget proposal being released later this week.
WeightWatchers’ stock is soaring after the company said it is getting into the prescription drug weight loss business with the acquisition of Sequence.
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday:
Squarespace Inc., up $3.50 to $27.54.
Squarespace Inc., up $3.50 to $27.54.
The Biden administration is moving to require patients see a doctor in person before getting drugs to treat attention deficit disorders or addictive painkillers, toughening access amid a deepening opioid crisis.
FOND DU LAC, Wis. (AP) — A Wisconsin man has been charged with attempted homicide after authorities say he tried to kill his mother with a hammer.
PROVIDENCE, R.I. (AP) — A man who admitted to having more than 665,000 counterfeit Adderall pills containing methamphetamine has been sentenced to 10 years in federal prison.