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AROUND PUTT
Canadian Drug Maker Medicure Inc. Acquires U.S.-Based Marley Drug: What This Could Mean for the Future of PBMs
PUTTRx Medium
December 23, 2020 The polio vaccine was never patented. The insulin patent was sold for $1. The average price for epinephrine is around $109 while the 2-pack EpiPen sells for somewhere between $650-$700. How does the conversation for the moral value of medication — not just market value — keep getting shoved under the rug? That’s the question Canadian drug maker Medicure Inc. and Winston-Salem, NC-based Marley Drug were contending with when, in a moment of brilliance, they decided to align their operations for the sake of U.S. patients seeking access to affordable medication. Loosely translated, “aligning” meant Medicure would acquire Marley Drug, a transaction that was finalized in mid-December 2020. So why would a pharmaceutical company acquire a pharmacy? And is that even legal? The answer may surprise you. Continue Reading |
ACROSS THE NATION
Pharmacies say they could do more to distribute vaccines. States are listening.
NBC News
January 13, 2021 Retail pharmacies are stepping in to help speed up Covid-19 vaccinations much earlier than anticipated after calls for states to take more advantage of their networks and experience. Independent and chain drug stores weren't supposed to take a large role in distributing the vaccines until later stages, when doses will be much more widely available. But the halting rollout so far has sent governors scrambling for alternatives to hospital systems and local health departments, which have been handling most vaccinations so far. The states generally aren't widening who's eligible to be vaccinated — just adding to their lists of distribution points. Experts said it's an important step in ramping up distribution, one that makes sense given the millions of flu shots pharmacists administer every year... ..Non-chain pharmacies said they're also in conversations with federal officials. "For a Covid-19 vaccine rollout plan to be successful, independent pharmacies must be included and be a part of the solution," said Andie Pivarunas, a spokesperson for the National Community Pharmacists Association. But pharmacies and other health care providers can't do much without the go-ahead from governors. Continue Reading |
Pharmacists United for Truth and Transparency (PUTT) is a non-profit advocacy organization founded by independent pharmacists and pharmacy owners devoted to exposing the truth about the anti-competitive tactics of pharmacy benefits managers (PBMs) - drug benefits plan providers whose unregulated, secretive practices drive up prescription costs and annually waste hundreds of millions of taxpayer dollars.
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