A committee of Florida's state Senate has passed a bill that could limit the use of biosimilars in the state.

Washington-based accrediting organization URAC has accredited pharmacy benefit manager Catamaran Corp.'s specialty pharmacy brand, Catamaran said.

A ruling by India's high court means cheaper generic versions of a cancer drug will remain available in developing countries, according to published reports.

Specialty drugs are expected to account for 50% of all drug costs by 2018, according to two new studies.

An executive from Diplomat Specialty Pharmacy recently participated in a program on hepatitis C therapy, the company said.

More than 400 drugs are under development for the 10 most common chronic health conditions affecting elderly people, according to a new report by a drug industry trade group.

AstraZeneca will pay $420 million to Moderna Therapeutics in a deal to develop drugs for a variety of diseases using a technology developed by Moderna, AstraZeneca said.

Disease relapse rates and worsening of disability were low among patients taking a drug made by Genzyme for multiple sclerosis, the company said.

Gov. Bob McDonnell of Virginia has signed into law the first bill that could limit the reach of follow-on biologics, though the bill includes a two-year sunset clause, meaning it will expire in 2015.

Drug maker GlaxoSmithKline's philanthropic arm has donated $500,000 to the Children's Hospital of Philadelphia as part of a fund that provides assistance to families for travel and living expenses they may incur while their children are enrolled in experimental or novel treatments offered at the hospital's Cancer Center.

Diplomat Specialty Pharmacy CEO Phil Hagerman has joined the board of directors of the National Association of Specialty Pharmacy, the group said Tuesday.

VoicePort announced a finalized agreement to deploy their services with WellSpan Health, a new client located in York, Pennsylvania, offering a vast array of inpatient, outpatient, home health and physician services.