Mark Cuban is on a mission to disrupt the drug industry. The tech billionaire co-founded online pharmacy CostPlus Drug Company, the only company that bears his name, in January 2022. While the task is daunting and many other big names in the corporate world have tried to slash drug prices without success, Cuban seems to be able…
When next you are at the pharmacy and you see a silicone-based lube, know that you can use it for so much more than a romp between the sheets. Here are some non-sexual uses of lube; 1. Makes hair curly Silicone is a common ingredient in conditioners and anti-frizz products. It will protect hair fibres…
Most expert witnesses at a hearing of the Senate Finance Committee on Thursday agreed that pharmacy benefit managers (PBMs) — middlemen between the drug companies and insurers — drive up the prices of prescription drugs, leaving patients with higher out-of-pocket costs, and offered a range of suggestions on how to curb PBM abuses. Historically, PBMs…
Grace Larkham leaves court on Thursday. Picture by Blake FodenA Canberra pharmacy owner says it is “hard to describe the suffering” she has endured since a syringe-wielding woman robbed her business of medication and cash.As a journalist, I’ve covered everything from a royal tour and a terror attack to international sport. After stints in New…
Amazon executives said Tuesday they are excited to move forward in healthcare, despite the sector’s potential challenges. “Amazon comes at this with a lot of humility,” said Amazon Clinic’s chief medical officer and general manager Dr. Nworah Ayogu at ViVE, the digital health conference held in Nashville, Tennessee. “The company is no stranger to going…
Governmental pressure on pharmacy benefit managers continues to escalate, this time with Ohio Attorney General Dave Yost (R) alleging that three major companies and a foreign group purchasing organization colluded to fix prescription drug prices and reap the rewards. According to the lawsuit the attorney general filed Monday, Cigna subsidiary Express Scripts and Blue Cross…
A recent study by the University of California (UCLA) concluded that many drugs from Mexican pharmacies are laced with fentanyl, heroin, and methamphetamine. U.S. tourists are often the buyers of these pills, which include counterfeit replicas of Oxycodone, Percocet, and Adderall. The UCLA-led study reported that two out of three (68 percent) pharmacies in four cities…
Illustration: Aïda Amer/AxiosSupplies of some essential drugs used in hospitals are hitting 10-year lows, forcing rationing and pharmacy workarounds.Driving the news: Drug shortages are the worst they’ve been in a decade, according to the American Society of Health-System Pharmacists — a sign of how much we rely on low-margin manufacturers with limited capacity for basics like…
Common Health aims to make quality medicine more accessible and affordable for patients with chronic diseases…
