MEDICAID DRUG SPENDING INCREASED 48.4% NET OF REBATES FROM 1990-1993, HCFA REPORT FINDS; NACDS SEEKS CONTINUED COLLECTION OF REBATES TO NURSING HOMES
Executive Summary
Medicaid prescription drug spending increased by 48.4% from 1990-1993 despite the introduction of "best price" rebates from pharmaceutical manufacturers in 1991, a Nov. 8 Health Care Financing Administration report entitled "Impact of the Medicaid Drug Rebate Program" found.
You may also be interested in...
Part D Discount Liability Coming Into Focus: CMS Releases Drug Cost Data
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 Skin Infections Guidance Spurs Debate On Endpoint Relevance
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
Shire Hopes To Sow Future Deals With $50M Venture Fund
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