Latest Prescription drugs News
Supreme Court revives claims that SuperValu, Safeway overcharged governments for generic drugs
WASHINGTON (AP) — The Supreme Court on Thursday unanimously revived whistleblower lawsuits claiming that supermarket and pharmacy chains SuperValu and Safeway overcharged government health-care programs for prescription drugs by hundreds of millions of dollars. The decision gives...
FDA warns consumers not to use off-brand versions of Ozempic, Wegovy
The U.S. Food and Drug Administration is warning consumers not to use off-brand versions of the popular weight-loss drugs Ozempic and Wegovy because they might not contain the same ingredients as the prescription products and may not be safe or effective. Agency officials said this...
Galmed Pharmaceuticals: Q1 Earnings Snapshot
TEL AVIV, Israel (AP) — TEL AVIV, Israel (AP) — Galmed Pharmaceuticals Ltd. (GLMD) on Thursday reported a loss of $1.8 million in its first quarter. The Tel Aviv, Israel-based company said it had a loss of $1.09 per share. _____ This story was...
Woman charged with stealing drugs when she was a Michigan police chief
HARTFORD, Mich. (AP) — A woman who served as a police chief in southwestern Michigan was charged Wednesday with stealing and selling drugs when she led the department. Tressa Beltran resigned as Hartford's police chief in January, six months after investigators searched police...
US sanctions Chinese, Mexican companies over pill making machinery
MEXICO CITY (AP) — The United States Treasury sanctioned more than a dozen people and businesses in China and Mexico Tuesday that allegedly helped provide machines used to make counterfeit prescription drugs in the latest efforts to confront trafficking of the deadly synthetic opioid fentanyl. ...
Pennsylvania doctor sentenced in West Virginia to 6 months in pain pill scheme
CHARLESTON, W.Va. (AP) — A Pennsylvania doctor was sentenced to six months in federal prison Thursday for his role in a pain pill prescription scheme. Dr. Brian Gullett also was fined $5,000 and surrendered his medical license. Gullett, 46, of Clarksville,...
How the end of the COVID health emergency affects your Medicare
The COVID-19 public health emergency that started in January 2020 ended on May 11. When that happened, several Medicare rules and waivers that went into effect during the pandemic came to an end — and it may catch Medicare patients by surprise. Many of the changes were made to...
CDC: 2 dead of suspected cases of meningitis after surgeries in Mexico, over 200 patients at risk
BROWNSVILLE, Texas (AP) — Federal officials say more than 200 patients could be at risk of fungal meningitis after having surgical procedures at clinics in a Mexico border city. The federal Centers for Disease Control and Prevention said Wednesday it is collaborating with the...
Micron, American Airlines fall; PacWest, Plug Power rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Micron Technology Inc., down $1.94 to $66.23. China told users of computer equipment deemed sensitive to stop buying products from the U.S. memory chipmaker. PacWest...
On debt ceiling, Biden, McCarthy to meet Monday as negotiators 'keep working' to resolve standoff
WASHINGTON (AP) — The White House and House Republicans wrapped up another round of debt ceiling talks Sunday as Washington races to strike a budget compromise along with a deal to raise the nation's borrowing limit and avert an economy-wrecking federal default. President Joe...
