PACE rebate bill
Legislation requiring rebates from drug firms participating in the Pennsylvania program cleaeed the state House July 12 by a 166- 30 vote and now goes to the state Senate. The approved version contains amendments proposed by state health officials to raise the cap on maximum rebates and tighten rules for indexing "best prices" ("The Pink Sheet" May 27, T&G-16). PACE covers outpatient prescription drugs for the low-income elderly.
You may also be interested in...
Newly released Medicare Part D data sheds light on the sales hit that branded pharmaceutical manufacturers will face when the coverage gap discount program gets under way in 2011
FDA appears headed for a showdown with clinicians and the pharmaceutical industry over the proposed new clinical trial endpoints for acute bacterial skin and skin structure infections, the guidance's approach for justifying a non-inferiority margin and proposed changes in the types of patients that should be enrolled in trials
Specialty drug maker Shire has quietly begun scouting deals with a brand-new $50 million venture fund, the latest of several in-house investment arms to launch with their parent company's pipelines, not profits, as the measure of their worth