Skip to Main Content

And so, another working week will soon draw to a close. Not a moment too soon, yes? This is, you may recall, our treasured signal to daydream about weekend plans. Our agenda is rather modest. We plan to indulge our favorite hobby — promenading with the official mascot. We also plan to forage through the public library in search of a book or two and, if we have the willpower, we may also manicure the Pharmalot grounds, or maybe not. And what about you? This a fine time to enjoy the great outdoors. You could support your local economy by visiting a restaurant or two. Or you could reach out to someone special. Well, whatever you do, have a grand time. But be safe. Enjoy, and see you soon. …

Senate lawmakers are actively considering pegging the prices Medicare pays for drugs to those drug makers offer to other government programs like the veterans health program, according to STAT. The proposal, known internally as domestic reference pricing, could have a multibillion-dollar impact on drug makers, which have long opposed allowing Medicare to negotiate over drug prices. Setting prices to what the Department of Veterans Affairs pay for medicines was one of seven options outlined in a June 7 slide deck by a Senate committee.

advertisement

Endo International (ENDP) agreed to pay $50 million to resolve lawsuits by New York state and two of its largest counties over the sale and marketing of opioids, Reuters notes. The deal, which severs Endo from an ongoing trial against AbbVie (ABBV) and Teva Pharmaceutical (TEVA), comes after McKesson (MCK), AmerisourceBergen (ABC), Cardinal Health (CAH), and Johnson & Johnson (JNJ) last Saturday agreed to proceed with a proposed national $26 billion settlement resolving opioid cases against them.

Unlock this article by subscribing to STAT+ and enjoy your first 30 days free!

GET STARTED

Create a display name to comment

This name will appear with your comment

There was an error saving your display name. Please check and try again.