Sunday, May 9, 2021


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Anna Edney

CVS AND WALGREENS have pulled ll versions of Zantac from their shelves. The FDA recently announced that is has found small amounts of a probable carcinogen in versions of Zantac and other forms of ranitidine. / BLOOMBERG NEWS FILE PHOTO ILLUSTRATION/ DREW ANGERER

Walgreens, CVS take Zantac off shelves as carcinogen probed

WASHINGTON –  Walgreens Boots Alliance Inc. will remove all versions of Zantac from its stores’ shelves as health regulators investigate a probable carcinogen detected...
THE WHITE HOUSE abandoned a push to end rebates paid to middlemen who negotiate drug prices on behalf of health insurers. CVS Health Corp.'s stock jumped up to 7% Thursday following the announcement. / BLOOMBERG NEWS FILE PHOTO/SIMON DAWSON

White House pulls the plug on proposed drug-rebate overhaul, CVS stock...

WASHINGTON – The White House abandoned a push to end rebates paid to middlemen who negotiate drug prices on behalf of health insurers, a...

Trump plan to lower drug prices moves forward on several fronts

NEW YORK - The Trump administration moved swiftly in the past 24 hours to implement pieces of its plan to bring down drug prices, taking...
THE MAIN TRUST FUND behind Medicare, the United States health-care program for the elderly and disabled, will be exhausted in 2026, according to Medicare’s Board of Trustees. / BLOOMBERG FILE PHOTO/ANDREW HARRER

Medicare fund to fall short in 2026, sooner than last forecast

NEW YORK - The main trust fund behind Medicare, the United States health care program for the elderly and disabled, will be exhausted in...
ALEX AZAR, secretary of Health and Human Services, speaks during a press briefing at the White House after an event on lowering drug prices with President Donald Trump. / BLOOMBERG FILE PHOTO/ANDREW HARRER

Trump health secretary says drugmakers must help cut prices

NEW YORK - President Donald Trump’s top health official said the administration plans to turn up the heat on the pharmaceutical industry if it doesn’t...
CVS HEALTH'S pharmacy benefit management business came under fire, along with other PBMs, from the head of the Food and Drug Administration for holding drug prices artificially high. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

`Rigged’ system blocks use of lower-cost drugs, FDA chief says

WASHINGTON – A “rigged payment scheme” between drug plans, insurers and pharmaceutical companies has blocked access to less-expensive versions of some of the most costly drugs...
PRESIDENT DONALD TRUMP declared opioid abuse a public emergency Thursday. / BLOOMBERG FILE PHOTO/OLIVIER DOULIERY

Trump declares opioid addiction a public health emergency

NEW YORK - President Donald Trump on Thursday declared widespread opioid abuse a public health emergency, even as he resisted a controversial move that...
THE U.S. HEALTH AND HUMAN SERVICES department said it would cut the Affordable Care Act’s advertising budget by 90 percent. / BLOOMBERG FILE PHOTO/ANDREW HARRER

Trump cuts to Obamacare’s ads threaten law’s fragile markets

NEW YORK - The Trump administration’s plan to slash spending on getting people to sign up for Obamacare will further undermine the law’s already...
PRESIDENT DONALD TRUMP said he’s ready to declare opioid addiction a national emergency Thursday. / BLOOMBERG FILE PHOTO/KIYOSHIOTA

Trump says he’ll declare opioid addiction national emergency

NEW YORK - President Donald Trump said he’s ready to declare opioid addiction a national emergency, which could clear the way for extra funding...
A DEMONSTRATOR OPPOSED to the Senate Republican health-care holds a sign that reads "No Cuts, No Caps To Medicaid" while marching near the U.S. Capitol in Washington, D.C. on Wednesday. BLOOMBERG FILE PHOTO/ANDREW HARRER

GOP bill would slash Medicaid over next 20 years, CBO finds

NEW YORK - A long-term analysis of Senate Republicans’ health care legislation found that the bill would slash spending on Medicaid by about 35...

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