Rite Aid suit against Medco
Rite Aid wins Maine state court decision Sept. 18 that will allow the company's retail pharmacies to participate in the maintenance prescription portion of the Maine State Employees Paid Prescription Program. Medco Containment had been the exclusive contractor. The court ruled that the exclusive Medco contract violated the state's Third-Party Prescription Act, which requires that all state pharmacies be eligible to participate in third-party drug programs. Rite Aid says it will fill maintenance prescriptions "at no additional cost to the state or to its employees".
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