Pharmacy
The agency says current data does not support the recommended dosage of phenylephrine as an effective decongestant.
Rebates and fees received by PBMs account for 42% of every dollar spent on brand medicines in the commercial market, report says.
Improperly listing patents may harm competition from generic alternatives and keep prices artificially high, the FTC says.
The vaccines from Pfizer-BioNTech and Moderna will be available later this week, CDC says.
The number of hospitalizations and deaths in the United States continues to rise.
Walgreens is also making a $100,000 donation to End Overdose to support its efforts in educating the public on how to use the spray.
The QMM program aims to encourage drug manufacturers to implement quality management practices that go beyond current requirements.
Negotiations with participating drug companies will occur in 2023 and 2024, and prices will become effective beginning in 2026.
The products will be FDA approved, CVS says, adding the move should help ensure a more consistent supply of affordable biosimilars.
Project NextGen funding includes $1B for clinical trials, $326M for a new monoclonal antibody and $100M for novel vaccines and therapeutics.