04/06/2018 | Luen Wah (HK) Medicine Ltd | Center for Drug Evaluation and Research | CGMP/Finished Pharmaceuticals/Adulterated | Not Issued * |
Human Medications, Human Drugs, Animal Medications, Animal Drugs, Pharmacy law, Pharmaceutical law, Compounding law, Sterile and Non Sterile Compounding 797 Compliance, Veterinary law, Veterinary Compounding Law; Health Care; Awareness of all Types of Compounding Issues; Pharmacy Benefit Managers (PBMs), Outsourcing Facilities Food and Drug Administration and Compliance Issues
Tuesday, April 17, 2018
04/09/2018 | McCallum Manufacturing Ltd | Center for Drug Evaluation and Research | CGMP/Finished Pharmaceuticals/Adulterated | Not Issued |
Monday, April 16, 2018
Auditor indicates changes needed for state prescription monitoring ...
WBRZ-9 hours ago
Auditors found that the state Board of Pharmacy's database of prescriptions is incomplete and it doesn't have an effective process for identifying suspicious pharmacies. In one instance, auditors found that 161 of 3,222 Workers Compensation prescriptions and 14,467 of 484,173 Medicaid prescriptions for hydrocodone and
Local doctors plead guilty after cheating military health program out ...
Chattanooga Times Free Press-3 hours ago
The Union-Tribune reported that in early 2015, the costs of claims to TRICARE for compounded drugs surged to more than $1 billion and pointed investigators to a pharmacy in Utah issuing prescriptions to patients in Southern California. Most of those prescriptions were authorized by Lindblad and Vergot who practiced in
New legal defence against inadvertent dispensing errors comes into ...
The Pharmaceutical Journal-10 hours ago
Ash Soni, president of the RPS, said the new law was “excellent news for pharmacists, pharmacy technicians and for patient safety. “After several years of dialogue with the government, the NHS and the profession, our hard work and consistent advocacy on this issue has won through and we now have a new law protecting ...
The dispensing defence is law. So why won't pharmacists report ...
International-Chemist+Druggist-13 hours ago
International-Chemist+Druggist-13 hours ago
Four pharmacists, doctor charged in $5 million insurance scam
Insurance Business-15 hours ago
Authorities said that between 2011 and 2017, the four pharmacists – who were co-owners and pharmacists-in-charge of four Michigan pharmacies – fraudulently billed Medicare, Medicaid and Blue Cross Blue Shield for controlled substances that were dispensed, and for high-priced medications that weren't dispensed.
Insurers look to pass drug price breaks to consumer
Texarkana Gazette-20 hours ago
Some major health insurers plan to take a little sting out of prescription drug prices by giving customers rebates at the pharmacy counter. Aetna and UnitedHealthcare both say they will begin passing rebates they get from drugmakers along to some customers starting next year. They could spark a trend: The idea has bee
Audit reveals more than 25000 prescription drugs missing from state ...
WBRZ-34 minutes ago
BATON ROUGE - The Louisiana Legislative Auditor's Office released findings of an oversight by the state's Louisiana Board of Pharmacy. By law, the Louisiana Board of Pharmacy must maintain an electronic system (Prescription Monitoring Program) that monitors controlled substances and drugs of concern dispensed in ...
This ex-football star was accused of healthcare fraud. Now he'll ...
Miami Herald-11 hours ago
In February, a Miami federal jury convicted Grow not only of a healthcare-fraud conspiracy but also of conspiring to receive and pay kickbacks to his sales team for referring hundreds of military beneficiaries to the Pompano Beach-based pharmacy, Patient Care America. He was also found guilty of money laundering.
Former Med-Fast manager gets year in prison for misbranded drug ...
Pittsburgh Post-Gazette-5 hours ago
The former operations manager for the Med-Fast Pharmacy chain will spend a year and a day in federal prison for re-packaging medications left over from nursing homes and reselling them to other nursing homes. U.S. District Judge Arthur Schwab on Monday imposed that term on Gino Cordisco, 47, of Mars. Cordisco was ...
Health Plans and Pharmacy Benefit Managers – Past and Future
JD Supra (press release)-53 minutes ago
Historically, health plans and pharmacy benefit managers (“PBMs”) have been uncomfortable neighbors. Plans provide drug coverage, but contract out the provision of such drugs to independent PBMs. PBMs in turn earn market rents by negotiating discounts (and big rebates) with Big Pharma, in turn offering structured ...
Pharmacies surge on report that Amazon is backing away from ...
CNNMoney-57 minutes ago
Pharmacy stocks are soaring following a report that Amazon might not sell prescription drugs, after all. Rumors have been swirling that Amazon might try to break into the pharmacy business. On Monday, CNBC reported that Amazon (AMZN) has put its plans to sell and distribute pharmaceutical products on hold.
High Importance!! Texas Division of Worker's Compensation Now Requires Pre-Approval on Compounded d
State Now Requires Pre-Approval on Compounded Drugs
WorkCompCentral-8 hours ago
The Texas Division of Workers' Compensation has formally adopted and published its long-awaited rules that will require pre-authorization for compounded drugs, a move designed to stem the escalating costs of those medications. "We commend the ... division for their thoughtful and thorough approach as they evaluated ...
Hormone Replacement Therapy Market set to record exponential ...
Facts of Week-4 hours ago
North America is having more market for Hormone Replacement Therapy, In North America, U.S. represents the largest market because of increasing use of Hormone Replacement Therapy among patients aged 35 years and over. The availability of compounded drugs i.e. drugs in varied strengths, dosage forms, etc – is a ...
Friday, April 13, 2018
"Safety violations at a major compounding pharmacy are exacerbating hospital shortages of key painkillers, particularly in California where health officials have taken the “extraordinary” step of prohibiting sales from one of its plants."
Safety Violations Compound Pain Of Painkiller Shortages
California Healthline-14 hours ago
Safety violations at a major compounding pharmacy are exacerbating hospital shortages of key painkillers, particularly in California where health officials have taken the “extraordinary” step of prohibiting sales from one of its plants. In late March, California's Board of Pharmacy barred the distribution of medications .
Medical Doctors and $65 Million TRICARE Insurance Fraud involving Compounded Drugs
Medical Doctors and $65 Million TRICARE Insurance Fraud
USA Herald-1 hour ago
“Compounded medications are specialty medications mixed by a pharmacist to meet the specific medical needs of an individual patient. Although compounded drugs are not approved by the Food and Drug Administration (FDA), they are properly prescribed when a physician determines that an FDA-approved medication ...
IMPRIMIS PHARMACEUTICALS, INC. (NASDAQ:IMMY) Files An 8 ...
Market Exclusive-7 hours ago
Imprimis Pharmaceuticals, Inc. (Imprimis) is engaged in the development, production and dispensing of compounded pharmaceuticals. The Company operates through the business of developing drugtherapies and providing such therapies through sterile and non-sterile pharmaceutical compoundingservices segment.
Pharmacies sue Express Scripts over claim it stole patients
STLtoday.com-12 hours ago
The pharmacies allege that they are required to share certain patient information with Express Scripts or risk not getting paid for the medications they dispense. But it's the sharing of this patient information that exposes them to losing customers to Express Scripts, they claim in a lawsuit filed March 28 in federal court in the ...
Canadian pharmacy to be fined millions for illegal imports
ABC News-17 hours ago
An online pharmacy that bills itself as Canada's largest is expected to be fined $34 million Friday for importing counterfeit cancer drugs and other unapproved pharmaceuticals into the United States, a sentence that one advocacy group called too light for such a heinous crime. Canada Drugs has filled millions of ...
CVS pharmacy benefit manager sued for false claims
ModernHealthcare.com-5 hours ago
Sarah Behnke, a senior actuary with Aetna, filed the lawsuit in 2014 alleging that CVS Caremark was getting better prices on drugs with its pharmacies, but was not passing those savings to Medicare Part D. The lawsuit was unsealed after the federal government declined to intervene at this time in the case on April 2.
Must Read! Safety violations hit compounding pharmacy, worsening hospital
Safety violations hit compounding pharmacy, worsening hospital ...
Los Angeles Times-9 hours ago
In late March, California's Board of Pharmacy barred the distribution of medications — including lidocaine and other local anesthetics — from a Texas factory belonging to the company PharMEDium. The decision came after the pharmacy board had issued a cease-and-desist order against the plant in February, citing "an ..
TSBP announces the adoption of amendments to Board Rule 295.8, which now requires one hour of CE on opioid abuse for pharmacist license renewal.
This rule will take effect January 1, 2019.
This rule will take effect January 1, 2019.
Thursday, April 12, 2018
Lawmakers Work To Get Drug Pricing, Mental Health Parity Over ...
CT News Junkie-8 hours ago
The third part of the bill would allow consumers to use a point-of-sale rebate at the pharmacy counter and see immediate relief. A poll of more than 900 Connecticut residents that was sponsored by the Universal Healthcare Foundation
Ernst, Grassley, Blumenthal Introduce Bipartisan Bill to Combat ...
KIOW-22 hours ago
The Responsible Drug Disposal Act of 2010, allowed the Drug Enforcement Agency to authorize retail pharmacies and other entities licensed to handle controlled substances to collect unused prescription drugs from the public and dispose of them. This arrangement is commonly referred to as a drug take-back program
Pharmacists on Capitol Hill Top SPT Week in Review
Specialty Pharmacy Times-7 hours ago
Community pharmacists urge Congress to support 3 priority bills that create transparency for pharmacybenefit managers and improve patient access. Read more. Stay up to date on the latest news in specialty pharmacy by
Drug executives to testify before Congress about their role in US ....
Drug executives to testify before Congress about their role in US ...
Washington Post-10 hours ago
In February, the committee revealed in letters sent to the companies that McKesson and Cardinal Health shipped 12.3 million doses of powerful prescription opioids to the Family Discount Pharmacy in Mount Gay-Shamrock, W. Va., from 2006
Drug executives to testify before Congress about their role in US ...
Washington Post-10 hours ago
In February, the committee revealed in letters sent to the companies that McKesson and Cardinal Health shipped 12.3 million doses of powerful prescription opioids to the Family Discount Pharmacy in Mount Gay-Shamrock, W. Va., from 2006 to 2014. The town in southern West Virginia had 1,779 residents, according to the ...
Ohio Cracks Down on PBMs
ModernMedicine-6 hours ago
“For a medication used to treat severe vitamin deficiency, the pharmacy's cash price was $92. The pharmacy processed the claim and was told to charge the patient $115.19. The PBM later performed a $55.47 clawback. So in the end, the patient was overcharged $23.19, the pharmacy lost $32.28, and the PBM pocketed it ..
BurlCo pharmacist gets 15 years in prison for role in pill mill
South Jersey Local News-3 hours ago
FILE - This Feb. 19, 2013, file photo, shows OxyContin pills arranged for a photo at a pharmacy in Montpelier, Vt. Prescription painkillers should not be a first-choice for treating common ailments like back pain and arthritis, according to new federal guidelines designed to reshape how doctors prescribe drugs like OxyContin ...
Premier Pharmacy Labs Issues Voluntary Recall Of Specific Sterile ...
Pharmaceutical Processing-12 hours ago
Administration of non-sterile injection products that are intended to be sterile may result in a site-specific or systemic infection, which in turn may cause hospitalization, significant morbidity (permanent organ damage), or a fatal outcome. To date, Premier Pharmacy Labs has not received any reports of adverse events relate
Pharmacy benefits manager to lay off 400 workers
WTOL.com-Apr 11, 2018
COLUMBUS, Ohio (AP) - The nation's biggest pharmacy benefits manager says it will close its Columbus, Ohio, operation and lay off more than 400 workers. Express Scripts said earlier this week that the layoffs will begin around June 10. Jobs affected include pharmacists, support staff and other workers. The layoffs come ...
Metro Detroit pharmacists, doctor charged in connection with ...
WDIV ClickOnDetroit-6 hours ago
According to the indictment, between January 2011 and August 2017, the four pharmacists were co-owners and pharmacists-in-charge of four area pharmacies – Conant Plaza Pharmacy, 3611 Carpenter Street in Detroit; Buckley's Pharmacy of Hazel Park, 20721 Dequindre in Hazel Park; Buckley's Pharmacy of Detroit, ...
Medford pharmacist gets 15-year prison term
Cherry Hill Courier Post-3 hours ago
CAMDEN – A former Medford pharmacist was sentenced to 15 years in federal prison Thursday for illegally distributing painkillers from two drug stores. Michael Ludwikowski, who owned Olde Medford Pharmacy and Medford Family Pharmacy, sold drugs to customers who presented phony prescriptions from March 200
Your 10 Worst Pharmacy Mistakes
ModernMedicine-Apr 11, 2018
"In the state I practice, a pharmacist was sentenced to prison, lost his license, paid a monetary fine, and was compelled to do community service. The State indicted and convicted him for negligent homicide and involuntary manslaughter, for an error of mere negligence. Civil, criminal, and regulatory systems are increasingly
High Importance! Billions lost in growing illegal vet medicines market – report
Billions lost in growing illegal vet medicines market – report
vet times-1 hour ago
They also include compounded pharmaceuticals and illegal autogenous vaccines when these products are not manufactured or used appropriately, and according to regulations. The authors said continuing rapid growth ... A growing black market of drugs for pets, particularly in the EU and US. Illegal veterinary medicines ...
Wednesday, April 11, 2018
Why Scott Gottlieb is the one Trump official everybody seems to like
Why Scott Gottlieb is the one Trump official everybody seems to like
Vox
Vox
The FDA chief is making real progress tackling the most serious health issues in America. Read the full story
Pharmacy benefit managers slammed in legislative hearing
Record-Courier-9 hours ago
"Pharmacy-benefit managers (PBMs) are supposed to make drugs more affordable. Instead, PBMs retain a large share of the discounts and rebates they receive from drug manufacturers and reap profits by not passing the
Old Bridge pharmacy owner pleads guilty to not paying $3M in taxes
MyCentralJersey.com-4 hours ago
A 69-year-old Cranbury man, part-owner of Old Bridge Drugs and Surgicals (OBDS), an Old Bridge pharmacy, has pleaded guilty to conspiring to defraud the IRS of nearly $3 million in taxes. Dilip Naik pleaded guilty to conspiracy to defraud the United States. The plea was entered in Newark federal court before U.S. District ...
Recent Case Emphasizes that Private Equity Firms May Face ...
JD Supra (press release)-13 hours ago
In the complaint, the Department of Justice alleges that the defendants paid kickbacks between 40% and 50% of the prescriptions' reimbursement to marketing companies securing prescriptions for compounded drugs reimbursed by TRICARE. The complaint further alleges that in an attempt to cover-up the scheme, the ...
Prescription drug use by injured workers slides in 2017: myMatrixx
Business Insurance-8 hours ago
Drug spend on opioids declined 11.9% for workers compensation payers in 2017, to $342.57 per user from $388.80. The percentage of injured workers who used opioids for 30 or more days decreased to 22.0% in 2017 from 24.6% in 2016, according to the study. In addition, spending on compounded medications ...
Doctors plead guilty in health care fraud scheme
CBS 8 San Diego-1 hour ago
Compounded medications are specialty medications mixed by a pharmacist to meet the specific medical needs of an individual patient. Although compounded drugs are not approved by the Food and Drug Administration, they are properly prescribed when a physician determines that an FDA-approved medication does not ...
Humco And Fagron To Combine For Up To $70 Million
Pharmaceutical Processing-15 hours ago
Humco, a diversified, global pharmaceutical company, announced that their Board of Directors has entered into a definitive merger agreement under which Humco will combine with Fagron, a pharmaceutical company specializing in compounding and personalized medicine, for a value of up to $70 million. Founded in 1872 ..
United States: FDA Issues Draft Guidance On Bulk Substances For ...
Mondaq News Alerts-12 hours ago
On March 23, 2018, the U.S. Food and Drug Administration (FDA) released draft guidance regarding the process through which it proposes to evaluate bulk drug substances nominated for use in compounding by outsourcing facilities registered under section 503B of the Federal Food, Drug and Cosmetic Act (FD&C Act).
Tuesday, April 10, 2018
Medication Use in Horse Racing: Yea or Neigh?
Medication Use in Horse Racing: Yea or Neigh?
Pharmacy Times-5 hours ago
Medication use in horse racing has become a hot topic across the country. Uniform standards have been established by the Racing Medication and Testing Consortium (RMTC) for the United States. However, not all states are following these guidelines.1,2 The National Uniform Medication Program consists of medication ...
Aetna whistle-blower accuses CVS of 'spread pricing' in federal lawsuit
Becker's Hospital Review-6 hours ago
An actuary at health insurer Aetna filed a lawsuit against Caremark in the U.S. District Court for the Eastern District of Pennsylvania related to the company's actions as a pharmacy benefit manager. As the PBM for Aetna's commercial business lines and Medicare Part D business, the lawsuit alleges Caremark took actions ...
Drugstore Lobby Agenda Raises Government Costs, Increases Deficit
PR Newswire (press release)-5 hours ago
WASHINGTON, April 10, 2018 /PRNewswire-USNewswire/ -- As the independent drugstore lobby descends on Capitol Hill this week to push for costly new government health mandates, the Pharmaceutical Care Management Association (PCMA) continues to highlight how pharmacy benefit managers (PBMs) reduce ...
Illinois lawmakers discuss prescription drug plan control
Illinois News Network-10 hours ago
“It allows a pharmaceutical manufacturer to increase its price over and over again within a year with no consequence,” said pharmacist Abigail Stoddard with Prime Therapeutics. The plan would only affect a small portion, about 17 percent, of Illinois' healthcare market. If passed, it would provide for a generic substitution.
Colorado bill would reimburse certain pharmacists' services
Pharmacy Today, American Pharmacists Association, pharmacist.com-8 hours ago
Patients often have to wait for periods of time to see their providers,” said Gina Moore, PharmD, MBA, assistant dean for clinical and professional affairs and associate professor of clinical pharmacy at University of Colorado Skaggs School of Pharmacy and Pharmaceutical Sciences. “In health professional shortage areas ...
5 Attys Tapped For Pharmacy Negotiating Team In Opioid MDL
Law360-22 hours ago
Law360 (April 9, 2018, 9:15 PM EDT) -- The Ohio federal judge overseeing the massive multidistrict litigation over allegedly reckless opioid sales on Monday tapped five attorneys representing retail chain pharmacies to serve on a separate negotiating team to work on settlement talks. U.S. District Judge Dan A. Polster set a ...
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