Good morning, everyone, and welcome to a new year. We hope the holiday respite was refreshing and inspiring, because that oh-so-familiar routine of online meetings, calls, and deadlines — otherwise known as work — has predictably returned. But what can you do? The world, such as it is, continues to spin. So why not give it a nudge in a better direction with a cup or two of stimulation? Our coffee kettle is fired up and brewing coconut roast. Please feel free to join us. Meanwhile, we have excavated a few items of interest to help you catch up. We hope you have a meaningful and productive day. And do stay in touch. …
The U.S. Drug Enforcement Administration told makers of attention-deficit hyperactivity disorder medicines it was concerned “aggressive marketing practices,” including by telehealth providers, could be driving excessive prescriptions, The Wall Street Journal reports, citing an agency letter sent last summer. The letter does not cite specific companies, but reflects DEA concerns about marketing efforts for ADHD treatment by telehealth companies whose prescribing practices the agency has been investigating. The DEA said in December it would not allow any increase in 2023 production of pharmaceutical ingredients that go into Adderall and other stimulants used to treat ADHD.
Drugmakers plan to raise prices in the U.S. on hundreds of medicines in early January, Reuters writes, citing data from 3 Axis Advisors, a health care research firm. The increases are expected to come as the pharmaceutical industry prepares for the Inflation Reduction Act, which allows Medicare to negotiate prices directly for some drugs starting in 2026. The industry is also contending with inflation and supply chain constraints that have led to higher manufacturing costs. The increases are on list prices, which do not include rebates to pharmacy benefit managers and other discounts. Last year, prices rose on more than 1,400 drugs and the average increase was 6.4%.
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