Three nonprofits committed up to $30 million to the creation of a low-cost drug manufacturer that was launched today by a group of hospital systems frustrated by drug shortages and escalating drug ...

Senators were dismayed at a recent report that found extraordinary price hikes for 300 generic drugs, saying the report highlights serious problems with the pharmaceutical industry. The report, ...

Some hospitals mark generic cancer drugs five times higher than Medicare rates, impacting pricing transparency for U.S. health systems.

The conflict between the government and the pharmaceutical and bio industry over the pricing calculation rate for generic drugs (copy drugs) developed with the same ingredients and content as expired ...

HONOLULU (Island News) -- Hawaii consumers who purchased generic drugs between May 1, 2009 and Dec. 31, 2019 may be eligible for potential compensation. The announcement from Attorney General Anne ...

U.S. drug maker Eli Lilly & Co. is slashing the prices of its popular diabetes and weight-loss drugs Mounjaro and Zepbound by ...

If the cost of your generic prescription drug has risen, it may be due to a lack of competition among drug manufacturers, according to a University of Florida College of Pharmacy study. More than four ...

Multiple health insurers filed a lawsuit against CVS Health on May 21, accusing the company of upcharging for prescription drugs by submitting claims at “artificially inflated prices.” CareFirst, Blue ...

A little-known Cigna Group subsidiary that sells generic drugs charges prices that skew higher than many competing suppliers, according to a new analysis that raises questions about the company’s role ...

Ed Silverman, a senior writer and Pharmalot columnist at STAT, has been covering the pharmaceutical industry for nearly three decades. He is also the author of the morning Pharmalittle newsletter and ...