Important pharmacy news and late-breaking industry information updated daily.

HHS proposed on Thursday a rule that would reduce prescription drug prices and out-of-pocket costs by calling on manufacturers to pass discounts directly on to patients and increasing transparency to prescription drug markets.

A Bloomberg analysis of Medicaid prescriptions at independent pharmacies in the state of New York concludes that PBMs are taking increasingly large markups on generic drugs.

Drug manufacturers have sharply increased prices of some older, low-cost prescription medicines amid supply shortages and recalls. For example, at least three sellers of the widely used blood-pressure medication valsartan have raised prices since a series of safety-related recalls of the drug by other manufacturers began in the summer of 2018.

Drug manufacturers have sharply increased prices of some older, low-cost prescription medicines amid supply shortages and recalls. For example, at least three sellers of the widely used blood-pressure medication valsartan have raised prices since a series of safety-related recalls of the drug by other manufacturers began in the summer of 2018.

CDC reported Thursday that the death rate from drug overdoses among women aged 30–64 years increased 260% from 1999 to 2017. Researchers said the number and rate of deaths involving antidepressants, benzodiazepines, cocaine, heroin, and synthetic opioids each increased during this time frame.

Bristol-Myers Squibb's $74 billion deal to acquire rival Celgene creates a cancer drug powerhouse amid industrywide optimism about the rapidly evolving science and explosive growth of the sector, where major scientific advances have led to groundbreaking new medicines.

FDA Commissioner Scott Gottlieb on Thursday called for a meeting with CEOs from top e-cigarette companies to discuss their commitments to help stop a rise in teen vaping.

FDA cautioned Thursday that fluoroquinolone antibiotics may increase the risk of rare but serious events of ruptures or tears in the aorta. The tears, known as aortic dissections, or ruptures of an aortic aneurysm, can lead to serious bleeding or even death.