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Manulife says its coverage of certain specialty prescription drugs will only apply at Loblaw-owned pharmacies, raising questions over the relationship between insurance providers and major pharmacy retailers.
Interest groups spent a record $4.2 billion lobbying federal lawmakers in 2023, led by the pharmaceutical and health products industries, according to a new report by OpenSecrets.
WASHINGTON — The White House Medical Unit had “severe and systemic problems” with its pharmacy operations and provided health care to ineligible staffers before the Biden administration, according to a scathing report by the Defense Department's Office of Inspector General.
New Democrats have asked the Liberals to begin covering a handful of essential medicines as negotiations continue behind the scenes on developing a pharmacare system.
British billionaire Joseph Lewis pleaded guilty Wednesday in New York federal court to securities fraud related to insider trading. Lewis' company, Broad Bay Ltd., also pleaded guilty in the same proceeding to participating in a scheme to hide his ownership of shares of a pharmaceutical company by making false filings and misleading financial statements. Broad Bay will pay $50 million in penalties as part of its plea. "Lewis abused inside information he gained through his access to corporate boardrooms to tip off his friends, employees, and romantic interests," said Manhattan U.S. Attorney Damian Williams, whose office prosecuted the case. "Now, he will pay the price with a federal conviction, the prospect of time in prison, and the largest financial penalty for
What does former President Donald Trump have in common with "Pharma bro" Martin Shkreli? A penchant for harshly trolling their enemies online and an attorney general who wants both of them banned for life from their preferred business. New York Attorney General Letitia James's office on Tuesday notified the judge who presided over Trump's civil business fraud trial about a new appeals court ruling against Shkreli, which the AG says supports its bid to permanently bar Trump from the state's real estate industry. In its ruling, the 2nd U.S. Circuit Court of Appeals upheld a lower New York fede
WASHINGTON — The Biden administration on Tuesday asked the Supreme Court to maintain broad access to the drug most commonly used for medication abortions, arguing that restrictions on its availability would be harmful to women across the nation.
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