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Specialty Pharmacy

  • Increased drug utilization can decrease Medicare spending, NASP speaker says

    SAN ANTONIO — An increase of 1% in prescribed drug use decreases Medicare spending on other medical services by 5%, according to statements made Tuesday at a specialty pharmacy conference by a former chief of staff for the Obama administration.

  • Onco360, MedImpact sign cancer-treatment deal

    NEW YORK — Cancer-focused specialty pharmacy Onco360 has signed a contract with privately owned pharmacy benefit manager MedImpact Healthcare Systems, whereby the pharmacy will offer its services to the PBM's members.

    The two companies said the partnership would offer MedImpact clients "a unique and effective solution for bending the cost curve," and was aimed at providing benefit payers with a proven and effective cancer pharmacy program that combines a cost-effective dispensing model with "clinical excellence."

  • FDA approves easy-to-use injectable methotrexate for RA, psoriasis, juvenile arthritis

    EWING, N.J. — The Food and Drug Administration has approved a new drug made by Antares Pharma for treating rheumatoid arthritis and psoriasis, the drug maker said Monday.

  • Diplomat Specialty Pharmacy rebrands, shortens name

    FLINT, Mich. — Diplomat Specialty Pharmacy is now Diplomat, the company said Monday in announcing a change to its name and branding strategy.

    Calling it a "new and more human brand," the company said it had grown to include more than pharmacists, nurses and care coordinators and now includes software developers, researchers and business strategists.

  • Fewer than one-quarter of Medicare beneficiaries compared drug costs in 2013, missing $600 in savings

    MOUNTAIN VIEW, Calif. — More than three-quarters of Medicare beneficiaries don't compare drug prices when shopping for their health plans, according to a new study.

    The study, conducted by eHealth, found that 78% of respondents don't compare prices, but that the average beneficiary could have saved more than $600 this year on out-of-pocket prescription drug costs if he had. The study was based on an analysis of more than 450,000 unique visitor sessions during Medicare's 2013 Annual Enrollment Period.

  • Calif. bill to restrict biosimilars gets governor's veto

    NEW YORK — The governor of California has vetoed a bill that critics said would have limited patients' access to knock-off versions of biotech drugs.

  • U.S. to command more than 90% of opioid-induced constipation market by 2017

    LONDON — The global market for drugs to treat constipation resulting from use of opioid painkillers will increase more than tenfold by 2017, according to new research.

  • SPAARx establishes Metro D.C. office

    ARLINGTON, Va. — A specialty pharmacy industry group has established new offices near the nation's capital.

    The Specialty Pharmacy Association of America announced the new offices are located in Arlington, Va. SPAARx's new office will open on Tuesday in the Ballston area of the city.

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