Latest Prescription drug costs News

This microscope image made available by the National Cancer Institute Center for Cancer Research in 2015 shows human colon cancer cells with the nuclei stained red. On Friday, May 29, 2020, doctors are reporting success with newer drugs that control certain types of cancer better, reduce the risk it will come back and make treatment simpler and easier to bear. (NCI Center for Cancer Research via AP)

New drugs make headway against lung, prostate, colon cancers

May. 29, 2020 8:33 AM EDT

Doctors are reporting success with newer drugs that control certain types of cancer better, reduce the risk it will come back and make treatment simpler and easier to bear. Gentler drugs would be a relief to patients like Jenn Carroll, a 57-year-old human resources director from New Hartford, Connecticut, who...

President Donald Trump answers questions from reporters during an event on protecting seniors with diabetes in the Rose Garden White House, Tuesday, May 26, 2020, in Washington. (AP Photo/Evan Vucci)

AP FACT CHECK: Trump falsely blames Obama for pricey drugs

May. 27, 2020 2:55 PM EDT

WASHINGTON (AP) — President Donald Trump tangled the facts when he asserted Tuesday at a White House Rose Garden event that “Obamacare” raised prescription drug costs for older people — the opposite is true. Trump also misfired by taunting Democratic presidential rival Joe Biden for...

FILE - In this Feb. 13, 2020, file photo, The Official U.S. Government Medicare Handbook for 2020 over pages of a Department of Health and Human Services, Office of the Inspector General report, are shown in Washington. The Trump administration says most people with Medicare will have access to prescription plans next year that limit copays for insulin to a maximum of $35 a month. Tuesday's announcement comes as President Donald Trump returns to the issue of drug prices to woo older people whose votes will be critical to his reelection prospects. (AP Photos/Wayne Partlow, File)

Most Medicare enrollees could get insulin for $35 a month

May. 26, 2020 6:01 PM EDT

WASHINGTON (AP) — Many Medicare recipients could pay less for insulin next year under a deal President Donald Trump announced Tuesday in a pivot to pocketbook issues important in November's election. “I hope the seniors are going to remember it,” Trump said at a Rose Garden ceremony, joined...

This Feb. 22, 2018 photo provided by Virginia Commonwealth University Relations shows Dr. Frank Gupton, PhD., co-founder of Phlow, chair of Virginia Commonwealth University's Department of Chemical and Life Science Engineering and CEO of the Medicines for All Institute, in Richmond, Va. The Department of Health and Human Services announced Tuesday, May 19, 2020, it was awarding a contract worth up to $812 million to Richmond-based Phlow to manufacture pharmaceutical ingredients, chemical compounds and generic drugs inside the United States. (Alan Jones/Virginia Commonwealth University School of Engineering)

Small Virginia company gets huge federal medicines contract

May. 19, 2020 8:17 PM EDT

RICHMOND, Va. (AP) — A new Virginia-based company has won a massive federal contract aimed at beefing up the U.S. supply chain while manufacturing medicines needed to respond to the coronavirus pandemic. The Department of Health and Human Services announced Tuesday that it was awarding a contract worth up...

Indiana to use nearly $1M federal grant to deliver Narcan

May. 18, 2020 11:35 AM EDT

INDIANAPOLIS (AP) — Indiana will use nearly $1 million in federal funds to pay for the distribution of the opioid reversal drug naloxone to reach Hoosiers who are at risk of overdose, officials said Monday. Overdose Lifeline Inc., an Indiana nonprofit dedicated to helping individuals, families and...

FILE - This Monday, April 6, 2020 file photo shows an arrangement of hydroxychloroquine pills in Las Vegas.At least 13 states have obtained a total of more than 10 million doses of malaria drugs to treat COVID-19 patients despite warnings from doctors that more tests are needed before the medications that President Trump once fiercely promoted should be used to help people with the coronavirus. (AP Photo/John Locher,File)

Oklahoma, Utah face scrutiny over malaria drug purchases

Apr. 28, 2020 8:47 PM EDT

OKLAHOMA CITY (AP) — Republican state leaders in Oklahoma and Utah are facing scrutiny for spending millions of dollars combined to purchase malaria drugs promoted by President Trump to treat COVID-19 patients that many other states obtained for free and that doctors warned shouldn't be used without more...

In this March 29, 2020, photo provided by the University of Minnesota is a ventilator called the Coventor at the Bakken Medical Device Center, University of Minnesota. The U.S. Food and Drug Administration has approved a low-cost ventilator developed by the University of Minnesota and aimed at helping COVID-19 patients breathe. The FDA on Wednesday, April 15, 2020, authorized use of the device, known as the Coventor. The compact device was quickly developed and designed by a team of university researchers, a medical school resident and an engineer. (Breanne Retherford/University of Minnesota via AP)

FDA approves low-cost ventilator developed by U of Minnesota

Apr. 15, 2020 7:16 PM EDT

MINNEAPOLIS (AP) — The U.S. Food and Drug Administration on Wednesday approved a low-cost ventilator developed by the University of Minnesota and aimed at helping COVID-19 patients breathe. The FDA authorized use of the compact device, known as the Coventor, that was quickly developed and designed by a...

Minnesota lawmakers reach deal on insulin affordability

Apr. 8, 2020 6:15 PM EDT

ST. PAUL, Minn. (AP) — Minnesota lawmakers reached a deal Wednesday on creating a long-awaited emergency insulin program for diabetics who can’t afford the drug. A House-Senate conference committee voted unanimously to sign off on the bill, clearing the way for the full Legislature to pass the bill...

FILE- In this Aug. 4, 2017 file photo, former pharmaceutical company CEO, Martin Shkreli, arrives at federal court in New York. The convicted former drug company wants out of prison so he can help research a treatment for the coronavirus. Shkreli's attorney said Tuesday, April 7, 2020, that he will be filing court papers asking federal authorities to release Shkreli for three months so he can do laboratory work “under strict supervision.” (AP Photo/Seth Wenig, File)

'Pharma Bro' wants out of prison to research coronavirus

Apr. 7, 2020 5:56 PM EDT

NEW YORK (AP) — Convicted former drug company CEO Martin Shkreli, known as “Pharma Bro,” wants to get out of prison so he can help research a treatment for the coronavirus, his lawyer said Tuesday. Defense attorney Ben Brafman said that he will file court papers asking federal authorities to...