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FDA places clinical holds on 2 drug studies
RAPT Therapeutics, a San Francisco-based pharmaceutical company, said Feb. 20 that two of its clinical trials are on pause because of one patient's liver failure. -
Mark Cuban's drug company tacks on 2 more branded meds
Mark Cuban Cost Plus Drug Co. now offers two Bayer brand-name medicines: Yaz, an oral contraceptive, and Climara, a menopause treatment. -
Pharmacists confront AMA's 'scope creep' stance
The American Medical Association has long been advocating against what it calls "scope creep," or nonphysicians gaining expanded scopes of practice. On Feb. 16, two pharmacist associations fired back. -
Vizient's 37 customers
In 2023, Vizient secured 37 deals with new and existing customers, including health systems, hospitals and healthcare solutions companies. -
Pharmacy leaders seeking higher roles: 2 skills to hone
Hospital pharmacy leaders aren't the usual candidate for CEOs and other top positions in health systems, but they might not recognize their existing capabilities. -
Employers' waning hesitancy over weight loss drugs
While a majority of corporate health insurance plans cover glucagon-like peptide-1 receptor agonist drugs for diabetes, less than a third said they cover the class of drugs for weight loss. However, experts say it's only a matter of time before more employers move to cover obesity treatments, CNBC reported Feb. 16. -
FDA approves food allergy drug
The FDA has approved omalizumab, which goes by the brand name Xolair, as a treatment to reduce the risk of severe allergic reactions for those with food allergies. -
1st tumor-derived T cell therapy approved
A week ahead of schedule, the FDA approved the nation's first cell therapy for advanced melanoma on Feb. 16. -
The rise of 'polypharmacy'
The prevalence of polypharmacy — or overlapping prescriptions of psychiatric drugs — is growing among children and adolescents, new findings from a Maryland study suggest. -
Avesi Partners Announces Investment in Visante
Avesi Partners ("Avesi") announced that it has made an investment in Visante (or the "Company"), a leading provider of specialized tech-enabled consulting and advanced partnership services focused on helping health systems accelerate financial and operational performance through their pharmacy offerings. Avesi has partnered alongside the existing management team to support Visante's overall mission of positively transforming healthcare through pharmacy, with a specific emphasis on the specialty and infusion pharmacy markets. -
Wegovy scripts for kids on the rise: Reuters
In the first 10 months of 2023, 1,268 Wegovy prescriptions were written for adolescents with obesity — a more than 50-fold increase from 2022, according to an exclusive Reuters report. -
Experimental COVID-19 drug linked to shorter symptoms
A COVID-19 antiviral therapy authorized in Japan, ensitrelvir, shortened the duration of symptoms from five days to four days in a phase 3 study. -
Senators to FDA: Take action on proliferation of social media drug ads
Senators are urging the FDA to update decade-old guidance and take action to rein in social media advertisements of prescription drugs from telehealth companies, requesting that the agency respond to their concerns by March 27, according to a Feb. 15 Wall Street Journal report. -
FTC probes whether GPOs, wholesalers cause drug shortages
The Federal Trade Commission and HHS launched an investigation Feb. 14 into how group purchasing organizations and drug wholesalers might cause drug shortages. -
Mark Cuban drug company unveils new offering for hospitals
Mark Cuban Cost Plus Drug Co. now offers critical drugs in shortage to healthcare providers. -
Harvard gets $1.2M to develop oral antibiotics that kill drug-resistant infections
Harvard University researchers have received $1.2 million from CARB-X, a Boston University-led nonprofit that funds projects that focus on drug-resistant bacteria named on the CDC’s Antibiotic Resistant Threats list. -
FDA sends warning letters to vendors selling unapproved weight loss drugs
The FDA has sent warning letters to two online vendors — US Chem Labs and Helix Chemical Supply — for selling unapproved and misbranded versions of semaglutide and tirzepatide. -
FDA approves 1st treatment for severe frostbite
On Feb. 14, the FDA approved Aurlumyn, the nation's first treatment for severe frostbite. -
Discontinued asthma drug stirs frustrations
After GSK discontinued its brand-name asthma drug Flovent on Jan. 1, families and physicians are struggling to access its generic solution, CNN reported Feb. 13. -
6 Ozempic updates
Healthcare suppliers and food companies are veering into new business plans amid the booming market for weight loss medications, which is expected to reach $80 billion by 2030.
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