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Bill Schiffner

NPC shares new IRA-related research in AJMC

NPC shares new IRA-related research in AJMC

WASHINGTON – The Inflation Reduction Act’s (IRA) Medicare Drug Price Negotiation Program (DPNP) may lead to fewer subsequent indications and delay launches for small molecule drugs, according to new research from the National Pharmaceutical Council (NPC) published in the American Journal of Managed

Amazon’s Q4 performance beats expectations

Amazon’s Q4 performance beats expectations

Amazon on Thursday reported fourth-quarter sales and earnings that topped analysts’ expectations, driven in part by a “record-breaking” holiday season. The company said its net sales increased 14% to $170.0 billion in the fourth quarter ended December 31, up from $149.

Chocolate prices go up as cost of cocoa rises

Chocolate prices go up as cost of cocoa rises

U.S. consumers are paying more for chocolate products as confection manufacturers raise prices in response to the soaring cost of cocoa. Cocoa prices are nearly 65% higher than they were one year ago, and New York futures prices are at a 46-year high.

Cigna sells Medicare business for $3.7 billion

Cigna sells Medicare business for $3.7 billion

The Cigna Group will sell its Medicare business to another insurer, Health Care Service Corp., for about $3.7 billion. Cigna said Wednesday the deal includes its Medicare Advantage insurance, a supplemental benefits business and Medicare prescription drug coverage.