Tag

Prescription Medicines

All articles tagged with #prescription medicines

health1 year ago

"Pharmacy Closures Surge Amid Funding Crisis"

Pharmacies in Northern Ireland are facing a funding crisis, leading to the closure of 12 businesses over the past 18 months. Pharmacists are dispensing prescription medicines at a loss and relying on sales of non-medical items to stay afloat. Community Pharmacy NI is calling for increased funding and a specific drug tariff for Northern Ireland. The Department of Health has a strategic plan to increase core funding, but full implementation will require additional resources. The crisis is impacting patient access to medicines and the financial stability of pharmacies.

health-tech1 year ago

Eli Lilly Teams Up with Amazon Pharmacy for Prescription Drug Delivery

Eli Lilly has partnered with Amazon Pharmacy to deliver its obesity, diabetes, and migraine medications directly to patients through Lilly's telehealth platform, marking the first direct collaboration between Amazon's pharmacy business and a drugmaker. This new relationship could disrupt traditional medication prescription and dispensing processes, potentially reshaping the pharmaceutical and retail pharmacy industries while creating significant opportunities for Amazon Pharmacy.

healthcare2 years ago

Pharmaceutical Companies Reluctantly Agree to Medicare Price Negotiations

All drugmakers responsible for the 10 prescription medicines subject to the first-ever price negotiations for the U.S. Medicare health program, including Amgen and Novartis, have signed on to participate in the talks by the Oct. 1 deadline. Failure to do so would have resulted in steep penalties, including high taxes on drug sales or withdrawal from Medicare and Medicaid programs. Some drugmakers have filed lawsuits against the U.S. Department of Health and Human Services, claiming the process is unconstitutional. The new prices, which must be at least 25% lower than the current list, will take effect in 2026, aiming to save $25 billion per year on drug prices by 2031.