Pharmacy Benefit Management

From Specialty Pharmacy News - Following last month’s FDA approval of the first drug to take the abbreviated 351(k) biosimilar approval pathway, some of the unknown issues around these drugs have been addressed. Two weeks after the approval of Sandoz Inc.’s Zarxio (filgrastim-sndz) on March 6 (SPN 3/15, p. 1) came a decision in the lawsuit (Amgen Inc. et al v. Sandoz Inc. et al, Case No. 3:14-cv-04741-RS) brought by Amgen Inc., manufacturer of Neupogen (filgrastim), the reference drug for Zarxio. Read more

From Drug Benefit News - In a move that surprised many industry analysts, UnitedHealth Group on March 30 unveiled plans to acquire stand-alone PBM Catamaran Corp. and merge it with the health plan operator’s PBM unit, OptumRx. The combined firm will process approximately 1 billion prescriptions per year, securing OptumRx’s spot as the third-largest PBM. Under the agreement, UnitedHealth Group will acquire Catamaran’s outstanding common stock for $61.50 per share in cash. Read more

Pharmacy Benefit Management Blog

By Lauren Flynn Kelly - April 2, 2015
Trend report season is upon us. It’s that time of year when PBMs reveal exactly what ate away at their clients’ drug spending in the most recent calendar year, and each does so with its own spin or news angle. In a new report from Prime Therapeutics LLC, the Blues plan-owned PBM examines the first...
By Lauren Flynn Kelly - March 19, 2015
With the approval of the first U.S. biosimilar through the Biologics Price Competition and Innovation Act and others to follow, it’s an exciting time in pharmacy benefit management. Plan sponsors and PBMs have been anxiously awaiting the arrival of these specialty agents for their potential to save...
By Angela Maas - February 25, 2015
In the midst of continuing conversations over high drug prices, a California state assemblyman has introduced a bill to find out the reasons for them. David Chiu (D) recently introduced AB 463, which would require the manufacturer of a drug with a wholesale acquisition cost (WAC) of more than $10,...

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