WASHINGTON — Pharmaceutical Care Management Association (PCMA) president and chief executive officer J.C. Scott released the following statement on the Department of Health and Human Services’ proposal requiring drug companies to disclose the list price of prescription drugs in television ads:
“We share the Administration’s goal of reducing prescription drug prices. Pharmacy benefit managers (PBMs) foster competition among drugmakers, resulting in lower costs for consumers.
We believe that list prices of drugs should be included in drug manufacturers’ communications with prescribers to help patients make informed treatment choices.
The most direct way to reduce costs and improve access to prescription drugs is for drugmakers to cut their prices, and we look forward to working with the Administration and Congress to accomplish this goal.”
PCMA issues statement on proposal requiring list prices of drugs in TV ads
Pharmaceutical Care Management Association (PCMA) president and chief executive officer J.C.
Related
GoodRx launches employer direct weight loss offering
New program gives employers flexible access to GLP-1 medications and clinical support without requiring changes to existing health plans.
MFN pricing reshapes biopharma launch strategies
Drugmakers are reassessing global launches as U.S. policy links domestic prices to lower prices abroad.
CVS taps Tenneti to lead Pharmacy and Consumer Wellness
The 17-year company veteran had held the role on an interim basis.
Kodak expands pharmaceutical portfolio with Normal Saline launch, debuts U.S. online store
This product addition builds on Kodak’s growing portfolio of sterile, ready-to-use buffers and reagents manufactured in its U.S.-based, FDA-registered cGMP facility.
Latest
NACDS praises Labor Department rule requiring PBMs to disclose their compensation
Employers could better hold PBMs accountable with a clearer picture of how they are paid, including rebates, fees, spread pricing and what PBMs actually reimburse pharmacies.
Hy-Vee lowers holiday meal deal price to feed 10 for under $35
“We know customers are especially focused on value this holiday season, and the new Hy-Vee Holiday Meal Deal makes it even easier to feed more people for the lowest price.”
Maybelline brings virtual makeup try-on to ChatGPT
The experience guides shoppers from AI beauty recommendations and virtual try-ons to local and online retailers.
Camber rolls out buprenorphine and naloxone sublingual films
The generic for Suboxone is indicated for treatment of opioid dependence.