Pharmacy
Former Turing Pharmaceutical CEO Martin Shkreli, who was arrested last week on charges of securities fraud and who has been reviled for hiking the price of a life-saving drug by 5,000 percent, has been terminated as CEO of KaloBios, the company announced Monday.
Martin Shkreli, the Turing Pharmaceutical CEO reviled by many for hike 5,000 percent price hike of AIDS drug Daraprim, was arrested Thursday on securities fraud, according to several published reports.
Capital Blue Cross will provide a second round of funding to help put a life-saving overdose antidote into the hands of Pennsylvania police officers by donating $100,000 to help local and campus police departments purchase Naloxone.
There's a prescription drug abuse problem sweeping the United States, but fixing it will require a systematic change focused on how most health professionals prescribe drugs, rather than changing the practices of a few bad apples.
Six groups who represent a wide swath of biologic-prescribing physicians are urging Congress to press the Centers for Medicare and Medicaid Services to make unique codes for biosimilar medicines for billing and payment purposes.
The Miami owner of eight pharmacies will spend nine years in prison, the Department of Justice announced this week, for is part in a healthcare fraud that saw him spending the money he scammed on luxury cars for himself and his family.
The leaders of the Senate Special Committee on Aging Wednesday targeted the Daraprim spike hike by Turing Pharmaceutical founder Martin Shkreli during the first of a series of hearings investigating abrupt and dramatic price increases in prescription drugs that are no longer protected by patents.
Technology and connectivity will continue its steady infiltration of the healthcare landscape, branding and trust take priority over convenience, and the advancement and integration of connected health technologies will hinge on cybersecurity in 2016, PwC said.
The growth of specialty drugs, and the pressures pharma mergers place on supply chain operations are just a few trends experts at McKesson Pharmacy Optimization expect to shape hospital pharmacy operations in 2016, according to a new report.
Pharmaceutical company Novartis will pay $370 million to settle claims that it gave kickbacks to specialty pharmacies in exchange for recommending two of its drugs, the U.S. Justice Department Southern District of New York announced this week.