Latest Prescription drugs News
How should the opioid settlements be spent? Those hit hardest often don’t have a say
People with substance use disorder across the country are not getting a formal say in how most of the approximately $50 billion in opioid lawsuit settlement money is being used to stem the crisis, a new analysis found. Some advocates say that is one factor in why portions of the...
Nearly 30% of US drugstores closed in one decade, study shows
Nearly three out of 10 U.S. drugstores that were open during the previous decade had closed by 2021, new research shows. Black and Latino neighborhoods were most vulnerable to the retail pharmacy closures, which can chip away at already-limited care options in those communities,...
Better drugs through AI? Insitro CEO on what machine learning can teach Big Pharma
WASHINGTON (AP) — Artificial intelligence is changing the way companies do business — helping programmers write code and fielding customer service calls with chatbots. But the pharmaceutical industry is still waiting to see whether AI can tackle its biggest challenge: finding...
Trump taps a Fox News personality, a surgeon and a former Congressman to lead public health agencies
WASHINGTON (AP) — President-elect Donald Trump on Friday nominated Dr. Marty Makary to lead the Food and Drug Administration, selecting a surgeon and author who gained national attention for opposing vaccine mandates and some other public health measures during the COVID-19 pandemic. ...
Rapper NBA YoungBoy pleads guilty in Utah prescription drug fraud ring
LOGAN, Utah (AP) — A Louisiana-based rap artist pleaded guilty Monday to his role in a large-scale prescription drug fraud ring that operated out of his multimillion-dollar home in Utah. Rapper NBA YoungBoy, whose real name is Kentrell Gaulden, walked into a courtroom in Logan,...
CVS Health bulks its board up to 16 members, adds hedge fund CEO
CVS Health has added four new board members, including the CEO of a hedge fund that has been critical of the struggling health care giant. The company said Monday that it expanded its board to 16 members following “productive discussions” with shareholder Glenview Capital...
New FDA rules for TV drug ads: Simpler language and no distractions
WASHINGTON (AP) — Those ever-present TV drug ads showing patients hiking, biking or enjoying a day at the beach could soon have a different look: New rules require drugmakers to be clearer and more direct when explaining their medications' risks and side effects. The U.S. Food and...
Harrow: Q3 Earnings Snapshot
NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — Harrow, Inc. (HROW) on Wednesday reported a loss of $4.2 million in its third quarter. On a per-share basis, the Nashville, Tennessee-based company said it had a loss of 12 cents. The pharmaceutical and drug...
Marinus Pharmaceuticals: Q3 Earnings Snapshot
RADNOR, Pa. (AP) — RADNOR, Pa. (AP) — Marinus Pharmaceuticals Inc. (MRNS) on Tuesday reported a loss of $24.2 million in its third quarter. The Radnor, Pennsylvania-based company said it had a loss of 42 cents per share. The results topped Wall Street expectations....
Avadel: Q3 Earnings Snapshot
DUBLIN (AP) — DUBLIN (AP) — Avadel Pharmaceuticals PLC (AVDL) on Tuesday reported a loss of $2.6 million in its third quarter. The Dublin-based company said it had a loss of 3 cents per share. The results topped Wall Street expectations. The average estimate of six...
