There's little point in pouring hundreds of millions of dollars into creating a biosimilar if PBMs will refuse to cover it.

Pharmacy benefit managers, which serve as the middlemen between drug makers, insurers and pharmacies, reaped $7.3 billion in revenue from marking up the prices of dozens of specialty generic drugs ...

FTC sues pharmacy insurance managers, alleging unfair drug prices Business practices of the three largest PBMs resulted in higher list prices for insulin, the FTC alleges.

The firing of the Federal Trade Commission’s (FTC’s) two remaining Democratic commissioners Wednesday could raise new, unresolved legal questions and threaten a case on pharmacy benefit managers.

The FTC report, which stemmed from a probe that began more than two years ago, is false, defamatory and unconstitutional, Express Scripts asserts in its complaint.

A new FTC report claims that pharmacy benefit managers generated $7.3bn by marking up specialty generics used to treat diseases like cancer and HIV.

PBM SUIT LEFT HANGING — President Donald Trump’s firing this week of two Democratic members of the Federal Trade Commission calls into question how the agency’s lawsuit against the country ...

The FTC’s interim report will help pull back the curtain on pharmacy benefit managers, the shadowy middlemen that abuse patients and force independent pharmacies out of business.

The major PBM said its lawsuit is necessary to protect against misinformation about the controversial drug middlemen, while the FTC promised to defend its research.

The FTC’s report explained that after decades of mergers and acquisitions, the PBM space has become extremely concentrated.

Express Scripts is suing the Federal Trade Commission (FTC), demanding the retraction of a report it claims is false and harmful to the pharmacy benefit manager (PBM) industry.

Efforts to overhaul the PBM industry will likely continue under the incoming Trump administration, though President-elect Donald Trump has named a replacement for the FTC’s current leader, Lina ...