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5 years in, Civica Rx makes 80 drugs for 1/3 of US hospitals
Since launching in 2018, hospital-owned Civica Rx works with about a third of the nation's hospitals and manufactures 80 drugs facing shortages, NBC affiliate KSL-TV reported Oct. 22. -
FDA considers self-administered flu vaccine
The FDA is reviewing a nasal spray that could be the first self-administered flu vaccine if approved. -
More antibiotics don't prevent joint replacement infections: Study
As the U.S. anticipates an increase in knee and hip replacement surgeries, adding a second antibiotic does not help prevent postoperative infections and can even spur adverse events, according to a recent study. -
The upcoming pharmacy desert
Pharmacies are disappearing across the country as retail chains cull hundreds of locations, and the closures are disproportionately affecting vulnerable populations, The Washington Post reported Oct. 22. -
FDA approves Pfizer's meningococcal vaccine
The FDA granted full-approval to Pfizer's meningococcal disease immunization, Penbraya, on Oct. 20. -
Alabama pharmacy latest to ink partnership with Mark Cuban's Cost Plus Drug Co.
Mark Cuban's Cost Plus Drug. Co. is teaming up with Birmingham (Ala.) Apothecary to offer Team Cuban Cards beginning Nov. 1, Bham Now reported Oct. 20. -
Roche to buy autoimmune drugmaker from Pfizer, Roivant for $7B
Roche has agreed to acquire Telavant Holdings — the maker of an inflammatory bowel disease drug — from Roivant Sciences and Pfizer for $7.25 billion, the Switzerland-based company said in an Oct. 23 news release. -
Georgia 1st state to allow pharmacies to sell medical cannabis
By the end of the year, THC products will be available for purchase in some Georgia pharmacies, CNN reported Oct. 20. -
AI-created drugs fall off hype cycle
Biotech companies and drugmakers are shelving their AI-designed therapeutics after a series of clinical setbacks, Endpoints News reported Oct. 19. -
J&J dengue pill shows promise in trial
For the first time, an experimental antiviral for dengue virus showed efficacy in humans, Johnson & Johnson said Oct. 20. -
Pharma companies eye weight-loss drugs for kids
Eli Lilly and Novo Nordisk are working to get weight-loss drugs approved for children as young as 6, Bloomberg reported Oct. 20. -
CVS to stop stelling decongestants with phenylephrine
CVS is voluntarily pulling from its shelves some common decongestants that contain an active ingredient FDA advisors have deemed ineffective at relieving congestion. -
The rise of the chief pharmacy officer
Pharmacy leaders have already cracked the code of hospital C-suites, but increasingly, they're entering executive positions across health systems. -
1st study finds surge of weight loss drugs in health system
A California health system has noted an "exponential" increase in patients using Wegovy, Mounjaro and other similar drugs for weight loss, according to a first-of-its-kind study. -
Drugmaker to lay off 100+ after Biogen acquisition
Reata Pharmaceuticals — a rare disease drugmaker recently acquired by Biogen — filed a WARN notice Oct. 9, alerting Texas officials of its plans to cut 113 positions. The layoffs will take effect Nov. 27. -
Pharmacy group urges US to block Optum-Amedisys deal
Independent pharmacies and lawmakers are asking the federal government to probe UnitedHealth Group's proposed scoop of Amedisys, one of the largest home health and hospice care providers in the U.S. -
Hospitals push back on CMS' drug shortage solution
Hospital groups and healthcare think tanks are urging CMS to revise its proposal to address medication shortages, which have been persistent for decades and have struck multiple therapeutic areas in 2023. -
Pfizer sets list price for Paxlovid
Pfizer has set the list price for a five-day course of Paxlovid at $1,390, according to an exclusive report from The Wall Street Journal. -
OptumRx opens integrated pharmacy in Arizona
UnitedHealth Group's pharmacy care business OptumRx has opened a location in Mesa, Ariz., according to an Oct. 17 news release. -
Amazon begins prescription drone delivery in Texas
Amazon's pharmacy customers in College Station, Texas, can now receive their prescriptions via drone delivery in under an hour, the company announced Oct. 18.
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