Drug Prices Fall 3.1% as New PBM Rule Threatens Costs
Drug prices posted their biggest drop since 1963, but PBM rules, insurers, and global pricing gaps complicate the savings story.
Pharma Business
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The business of drugs: prescription pricing, the obesity and oncology franchises driving revenue, and the approvals that move them.
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FDA Approves Daraxonrasib, First Targeted Pancreatic Cancer Pill
FDA approves daraxonrasib (Rasonque), a first-of-its-kind oral pill nearly doubling pancreatic cancer survival to 13.2 months.
Experimental Drug Spares Bladder Cancer Patients Surgery
An experimental drug lets advanced bladder cancer patients skip surgery, part of a wider wave of new cancer treatment breakthroughs.
Prescription Drug Prices Post Steepest Drop Since 1963
Prescription drug prices fell at their sharpest rate since 1963, though experts debate the causes and whether patients truly benefit.
Retatrutide Black Market Booms Ahead of FDA Approval
Unapproved obesity drug retatrutide is fueling black-market sales, prompting Eli Lilly to sue distributors amid explosive GLP-1 demand.
Daraxonrasib Pancreatic Cancer Drug Nears FDA Approval
Daraxonrasib, a pancreatic cancer drug that nearly doubled survival in trials, is reaching patients in Charleston and Utah ahead of FDA approval.
Drug Price Fight Heats Up as Merck Sues Over Medicare Deal
Protesters confronted Merck over drug pricing as lawsuits, Medicare talks, and dosing research fuel debate over prescription costs.
New Pancreatic Cancer Drug Daraxonrasib Nears FDA Approval
Daraxonrasib, an experimental pancreatic cancer drug awaiting FDA approval, has nearly doubled survival for some advanced-stage patients in trials.
Prescription Drug Prices Drop as Pressure on Drugmakers Grows
Prescription drug prices are falling sharply as Medicare talks, Trump deals, and state laws reshape pharma pricing pressure.
NJ Free Pharmacy Aids Poor as Medicare Cuts Drug Prices
A NJ pharmacy offers free medicine to low-income residents as Medicare lists 10 drugs for price negotiation, effective 2026.