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Drug Channels News Roundup, April 2022: 340Boom, 340B Profits for Pharmacies & PBMs, Fixing Insulin, Walgreens’ Robots, and Doctors’ Day

Drug Channels

In this issue: Green Monster : The 340B market hits new highs in 2021 Not-Free Agents : Big 340B profits for CVS, Walgreens, Express Scripts, et al Batter Up : Fixing the insulin market Pinch Hitters : Walgreens bets on robots Plus, Dr. Glaucomflecken helps UnitedHealthcare celebrate Doctors’ Day! Hope to see you there!

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Do Plan Sponsors Understand How Their PBMs Make Money?

Drug Channels

Today, the House Committee on Oversight and Accountability will hold a hearing with a subtle and not-at-all pejorative title: The Role of Pharmacy Benefit Managers in Prescription Drug Markets Part II: Not What the Doctor Ordered. To help you prepare, I share fresh insights from a new survey of PBMs’ plan sponsor clients.

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Beyond the Big Three PBMs: Examining a Potential Trend

Perficient: Drug Development

Among these, pharmacy benefit managers (PBMs) play a crucial role, handling reimbursements and negotiations with drug manufacturers and pharmacies. Three major PBM players – CVS Caremark, Express Scripts, and OptumRx – collectively command a significant 79% market share , orchestrating much of the industry’s dynamics.

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NEW STORAGE OPTION FOR PFIZER-BIONTECH VACCINE, EASING DISTRIBUTION AND STORAGE OF DOSES ACROSS EUROPEAN UNION

The Pharma Data

It marks an important milestone in the vaccine roll-out, as it could allow storage in pharmacies to support vaccinations at local practices/doctors’ offices. By enabling more individuals to store and administer the vaccine, the approval will help broaden access, while limiting strain on larger vaccination centers. “It

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CIMC Enric’s Subsidiary Deploys Vaccine Storage Market To Carry out R&D of Cryogenic Liquid Nitrogen Biological Container

The Pharma Data

The equipment can also effectively meet the cryogenic storage requirements of various biological samples by most drug distribution companies, hospitals, pharmacies, disease control centers, testing centers, biopharmaceutical companies, scientific research institutes and other institutions.

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Vividion Brings in Proven Industry Leader Jeffrey Hatfield as Chief Executive Officer

The Pharma Data

market access. He also serves as a Key Advisory Board member for the Harvard Business School’s Blavatnik Fellowship in Life Science Entrepreneurship, and is a faculty member at Purdue University, where he teaches entrepreneurship to doctoral students. from the Purdue University College of Pharmacy. About Vividion.

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Top 10 Life Science Resources

Alta Sciences

In this in-depth discussion on the FDA’s June draft guidance on clinical investigation of psychedelic drugs, Doctors Denise Milovan, Debra Kelsh, and Beatrice Setnik share insights into the potential need for additional methodological adaptations for study designs, in order to evaluate the safety and effects. Listen here.

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