UCB releases its list- and net-price disclosures for 2025, making it the third company to show net prices continue to fall
But the details suggest that the Trump administration may struggle to get the effort off the ground
And Novo will book an extra $4 billion in revenue, citing confidence that its 340B contract pharmacy policies are safe from legal challenges
And the reality that MFN may mean poor access in Europe, not lower prices in the U.S., begins to sink in
And a new resource that makes plain the extent -- and variability -- of hospital markups on pharmaceuticals
And CMS ‘explanations’ for Medicare drug pricing suggest drugmakers and CMS didn’t see eye-to-eye in half of all ‘negotiations’
And CMS extends the deadline for its MFN-in-Medicaid program in an effort to get small- and mid-size companies on board
And STAT digs into drugmaker annual reports and finds that some MFN deals are not yet finalized
And the government takes pharma’s side in the debate over state regulation of 340B contract pharmacies
And looking at public comments on how CMS’ GLOBE and GUARD models will harm innovation
And the odds that Trump mentions TrumpRx in his State of the Union speech are at 88% and rising
And 340B warps everything ... even local property taxes
Plus a look at all the MFN action, from the industry reactions to Democratic positioning to the administration’s sales efforts
The industry's reaction to the call for permanent price controls: 'We’ve seen this movie before'
There are references today to Tom Brady, Mark Cuban, and PBM concentration. Something for everyone!
And PCMA has picked up the pace of its communications, so Cost Curve is going to have to pick up the pace of its fact-checking
Plus obesity news on adherence, vials, and reimbursement in Medicare
And a survey of community oncologists finds near unanimity on the negative impacts of step therapy
And the Trump administration says that it has successfully pushed prices up in Europe, though the evidence of pricing action overseas remains scant
And there are still TrumpRx stories to be told, including an effort by Pfizer to use the platform in a low-key biosimilar price war
And Hims announced a compounded version of Wegovy’s active ingredient, causing reactions from Novo and the FDA
And Express Scripts settles with the FTC, with the PBM promising to fundamentally change its business practices
But today big stories all involve obesity-med dynamics, and I’ll go deep there in tomorrow’s Apex