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Payers to Increase Utilization Management if the IRA Leads to Higher Costs
Payers to Increase Utilization Management if the IRA Leads to Higher Costs
Payers to Increase Utilization Management if the IRA Leads to Higher Costs
August 8, 2024
In a recent survey, payers said their priorities include addressing the impacts of Medicare’s Drug Price Negotiation Program and the Part D redesign.
Mallinckrodt Launches Acthar Gel Self-Injectable for Autoimmune Conditions
Mallinckrodt Launches Acthar Gel Self-Injectable for Autoimmune Conditions
Mallinckrodt Launches Acthar Gel Self-Injectable for Autoimmune Conditions
August 6, 2024
SelfJect is priced at parity with the Acthar Gel multi-dose vial and syringe.
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Cigna’s Second Quarter Revenue Increased 25%
Cigna’s Second Quarter Revenue Increased 25%
August 1, 2024
Cigna officials cite significant growth in Evernorth Health Services and Express Scripts for the increase in revenue.
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CVS Caremark Adds GI Med Voquezna to its Formularies
CVS Caremark Adds GI Med Voquezna to its Formularies
July 30, 2024
CVS Caremark is requiring step therapy through a generic prescription proton pump inhibitor before providing coverage.
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FDA Approves Oral Alzheimer’s Drug
FDA Approves Oral Alzheimer’s Drug
July 29, 2024
Zunveyl, a prodrug of galantamine that addresses the gastrointestinal side effects, will be available in the first quarter of 2025.
PSG: Specialty Drug Trend Continues Upward
PSG: Specialty Drug Trend Continues Upward
PSG: Specialty Drug Trend Continues Upward
July 26, 2024
Higher costs per claim, coupled with an increased number of patients using specialty drugs, has contributed to higher spend.
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FDA Approves Oral JAK Inhibitor for Alopecia
FDA Approves Oral JAK Inhibitor for Alopecia
July 26, 2024
Leqselvi is approved to treat adults with severe alopecia. One-third of patients in clinical trials experienced 80% scalp hair coverage at 24 weeks.
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Nonsteroidal Drug for Duchenne Launches with a $700,000 Price Tag
Nonsteroidal Drug for Duchenne Launches with a $700,000 Price Tag
July 25, 2024
Duvyzat was approved in March 2024 and works to reduce the inflammation and loss of muscle experienced by patients with Duchenne muscular dystrophy.
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FDA Approves Second Biosimilar of Soliris
FDA Approves Second Biosimilar of Soliris
July 22, 2024
Epysqli is a monoclonal antibody that is approved to treat two rare conditions that break down red blood cells.
GoodRx to Offer Boehringer Ingelheim’s Humira Biosimilar
GoodRx to Offer Boehringer Ingelheim’s Humira Biosimilar
GoodRx to Offer Boehringer Ingelheim’s Humira Biosimilar
July 18, 2024
Boehringer Ingelheim’s high- and low-concentration adalimumab-adbm will be available through GoodRx for $550 for two-pack, which represents a 92% discount from the Humira list price.
FDA Sets Review Date for Cell Therapy for Post-Transplant Complication
FDA Sets Review Date for Cell Therapy for Post-Transplant Complication
FDA Sets Review Date for Cell Therapy for Post-Transplant Complication
July 17, 2024
If approved, tabelecleucel would be the first therapy specifically to treat Epstein-Barr virus related post-transplant lymphoproliferative disease. The FDA’s action date is Jan. 15, 2025.
FDA Issues Complete Response for High-Dose Opioid Rescue Med
FDA Issues Complete Response for High-Dose Opioid Rescue Med
FDA Issues Complete Response for High-Dose Opioid Rescue Med
July 16, 2024
OX124 is a nasal spray provides rapid absorption of naloxone for patients experiencing an opioid overdose. The FDA would like to see additional technical data, as well as data on whether patients can correctly use the device.
Increased Use of GLP-1 Drugs Adds to Navitus’ Drug Spend for 2023
Increased Use of GLP-1 Drugs Adds to Navitus’ Drug Spend for 2023
Increased Use of GLP-1 Drugs Adds to Navitus’ Drug Spend for 2023
July 15, 2024
The switch to biosimilars helped Navitus clients offset increased utilization in the non-specialty category and the introduction of higher-cost specialty drugs.
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AbbVie Submits Applications for Rinvoq for Giant Cell Arteritis
AbbVie Submits Applications for Rinvoq for Giant Cell Arteritis
July 12, 2024
Giant cell arteritis is an inflammatory disease that affects the large blood vessels that supply blood to the head and brain.
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FDA Issues CRL for Once-Weekly Insulin for Type 1 Diabetes
FDA Issues CRL for Once-Weekly Insulin for Type 1 Diabetes
July 11, 2024
The FDA is asking for information about the manufacturing process, as well as the type 1 diabetes indication.
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What Influence Do PBMs Have? The FTC is Still Trying to Figure That Out
What Influence Do PBMs Have? The FTC is Still Trying to Figure That Out
July 10, 2024
The FTC’s interim report on pharmacy benefit managers (PBMs) was just the latest effort to highlight what some say is an industry that profits at the expense of patients and independent pharmacists. The PBMs say the report paints an incomplete, misleading picture. Others say it shows the FTC is prepping its antitrust case.
Interim FTC Report Finds PBMs Squeeze Independent Pharmacies, Overcharge for Drugs
Interim FTC Report Finds PBMs Squeeze Independent Pharmacies, Overcharge for Drugs
Interim FTC Report Finds PBMs Squeeze Independent Pharmacies, Overcharge for Drugs
July 9, 2024
The PBM industry said the FTC has not been objective, and that efforts to limit PBM negotiating tools would put patients at the mercy of drug manufacturers.
 Genentech Reintroduces Susvimo for Age-Related Macular Degeneration
 Genentech Reintroduces Susvimo for Age-Related Macular Degeneration
Genentech Reintroduces Susvimo for Age-Related Macular Degeneration
July 9, 2024
Genentech had recalled the Susvimo ocular implant two years ago. The FDA has approved changes to the implant and needle.
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FDA Approves Vabysmo as Prefilled Syringe
FDA Approves Vabysmo as Prefilled Syringe
July 8, 2024
The prefilled syringe of Vabysmo will become available in the coming months. It treats age-related macular degeneration, diabetic macular edema and macular edema following retinal vein occlusion.
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Ardelyx Won’t Include Xphozah in CMS Bundle Payment Program
Ardelyx Won’t Include Xphozah in CMS Bundle Payment Program
July 3, 2024
Company officials have said the bundled payment program could negatively impact sales of Xphozah, which was approved last year to reduce serum phosphorus in patients with kidney disease on dialysis.
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FDA Approves Lilly’s Alzheimer’s Disease Drug
FDA Approves Lilly’s Alzheimer’s Disease Drug
July 2, 2024
Donanemab — now with the brand name of Kisunla — slows cognitive and functional decline by up to 35% and has a list price of $695.65 per vial.
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FDA Approves Third Stelara Biosimilar
FDA Approves Third Stelara Biosimilar
July 1, 2024
Samsung Bioepis’ Pyzchiva (ustekinumab-ttwe) will be available beginning Feb. 22, 2025 and will be marketed by Sandoz.
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FDA Issues Complete Response Letter for Kresladi for Rare Immune Disorder
FDA Issues Complete Response Letter for Kresladi for Rare Immune Disorder
June 28, 2024
For the second time, the FDA is asking for additional information about chemistry manufacturing and controls.
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FDA Approval Granted for Novel COPD Treatment
FDA Approval Granted for Novel COPD Treatment
June 27, 2024
Ohtuvayre - an inhaled bronchodilator with non-steroidal anti-inflammatory effects - is the first new mechanism in COPD approved in more than 20 years.
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FDA Grants Accelerated Approval for Second Epkinly Indication
FDA Grants Accelerated Approval for Second Epkinly Indication
June 27, 2024
Epkinly is a bispecific antibody now approved to treat both relapsed or refractory follicular lymphoma and relapsed or refractory diffuse large B-cell lymphoma.
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3Axis Report Scrutinizes PBM Spread Pricing Practice
3Axis Report Scrutinizes PBM Spread Pricing Practice
June 26, 2024
The 3Axis Advisors analysis suggests PBMs’ spread pricing practices leads to employers being charged different amounts for the same medications and to pharmacists facing reimbursement challenges.
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FDA Issues Second Complete Response Letter for AbbVie’s Parkinson’s Therapy
FDA Issues Second Complete Response Letter for AbbVie’s Parkinson’s Therapy
June 25, 2024
The FDA cited issues related to a third-party manufacturer. The agency did not request any additional testing from AbbVie.
Glenmark Recalls 114 Batches of Potassium Chloride
Glenmark Recalls 114 Batches of Potassium Chloride
Glenmark Recalls 114 Batches of Potassium Chloride
June 25, 2024
The recalled batches have been found to have potassium chloride that does not dissolve, which can cause high potassium levels that can lead to hypertension, heart failure, or renal dysfunction.
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FDA Grants Accelerated Approval to Krazati for Colorectal Cancer
FDA Grants Accelerated Approval to Krazati for Colorectal Cancer
June 24, 2024
Krazati is already available to treat patients with KRAS G12C-mutated locally advanced or metastatic non-small cell lung cancer.
Prime Therapeutics Launches Pharmacy Solution for Specialty Drugs
Prime Therapeutics Launches Pharmacy Solution for Specialty Drugs
Prime Therapeutics Launches Pharmacy Solution for Specialty Drugs
June 21, 2024
Nathan Downhour, Pharm.D., discusses the Pharmacy Match program, which will engage with physicians to make sure a specialty prescription gets to the best-fit pharmacy across a network powered by Free Market Health.
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