Top of the morning to you, and a fine one it is. The sun is peeking through the clouds and a pleasant breeze is wafting about the Pharmalot campus, where we can hear newly planted grass seed growing and the official mascot is barking at passersby. This calls for a cup of stimulation or two, and our choice today is glazed doughnut. As always, please feel free to join us. Meanwhile, here is the latest collection of tidbits as you take your own journey today. We hope all goes well and that you conquer the world. But of course, do keep in touch…
Amid growing anger over the cost of medicines, a new analysis finds that Medicare could have saved billions of dollars if the federal agency had purchased generic drugs directly from the online pharmacy recently launched by billionaire investor Mark Cuban, STAT notes. Specifically, Medicare could have saved up to $3.6 billion in 2020 — or 37% of the $9.6 billion spent on 77 of 89 different prescription medicines. This assumed the health care program had purchased the maximum quantity for each prescription, or a 90-day supply. The Mark Cuban Cost Plus Drug Company did not offer any savings on the other 12 generic medicines.
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