Medco and Caremark agree to transparency
Executive Summary
Seven new PBMs have agreed to adhere to transparency standards set by the HR Policy Association. Medco, Caremark, Blue Cross & Blue Shield of Alabama, Catalyst, Cigna, HealthTrans, and Restat have been certified according to HR Policy's Transparency in Pharmaceutical Purchasing Solutions principles, the coalition of large employers announced July 24. Aetna, MedImpact and Walgreens were recertified (1"The Pink Sheet" Aug. 15, 2005, p. 15). The TIPPS principles were updated to include new requirements related to specialty pharmacy. Express Scripts is not participating in the HR Policy Association program...
You may also be interested in...
PBM Transparency: Three Firms Agree To Standards Set By Employer Group
Three pharmacy benefit management companies are in the vanguard of firms that have committed to giving up profits based on drug price differentials and rebates
New EU Filings
Obecabtagene autoleucel, Autolus Therapeutics’s investigational treatment for relapsed or refractory B cell precursor acute lymphoblastic leukemia, is among the latest products that have been filed for review by the European Medicines Agency for potential EU marketing approval.
P&G Restores Volume Growth In Beauty, Grooming After Pricing Run
Procter & Gamble reports strong consumer spending in the US and Europe after a 3% increase in product pricing over the past year. Dragging on fiscal third-quarter results, sales of SK-II in China fell 30% for the January-March period, while lower incidence of cough and cold impacted Health Care performance.