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Ozempic is in the next round of Medicare drug price negotiations. See the full list of 15 medications
The talks on drugs including Novo Nordisk's Wegovy, GSK's Trelegy Ellipta, and Pfizer's Xtandi will set Medicare prices that go into effect in 2027.CNBC - Jan. 17 -
Ozempic picked for Medicare price bargaining
Click in for more news from The Hill {beacon} Health Care Health Care The Big Story Biden adds Ozempic to list for Medicare price negotiation In one of its last actions, the Biden administration ...The Hill - Jan. 17 -
Obesity drugs Ozempic and Wegovy included in US price-cut talks
Novo Nordisk shares hit as government adds blockbuster weight-loss treatments to new round of negotiationsFinancial Times - Jan. 17 -
Biden to Commute Drug Offender Sentences
The action, aimed at inmates who received harsher sentences based on old disparities in drug laws, is the broadest commutation of individual sentences ever issued by a U.S. president.The New York Times - Jan. 17 -
Biden pardons nearly 2,500 nonviolent drug offenders
"With this action, I have now issued more individual pardons and commutations than any president in U.S. history," President Joe Biden wrote in his announcement Friday.ABC News - Jan. 17 -
Ozempic Among the Next Drugs Up for Medicare Price Negotiations
The list of drugs account for $41 billion in annual Medicare spending, the Biden administration said.The Wall Street Journal - Jan. 17 -
The next 15 drugs chosen for Medicare negotiation
The Biden administration has announced the next 15 drugs chosen for Medicare negotiation, marking one of its final acts before the inauguration of President-elect Trump. The Centers for Medicare ...The Hill - Jan. 17 -
Medicare announces weight-loss drugs, including Ozempic, will be up for price negotiations
The Biden administration on Friday released its next round of prescription drugs selected for Medicare price negotiations, which includes Ozempic.NBC News - Jan. 17 -
Ozempic, Wegovy on list for Medicare drug price negotiations
The hugely popular medications Ozempic and Wegovy, used for diabetes and weight loss, will be included in the next round of talks to negotiate lower Medicare drug prices.CBS News - Jan. 17 -
Psychedelic drug DMT to be trialled on UK volunteers to tackle alcohol misuse
Exclusive: Scientists at UCL hope one-off dose of powerful hallucinogenic could help drinkers reduce intake. A powerful psychedelic that is used in healing ceremonies by Indigenous groups in the ...The Guardian - Jan. 17 -
Joe Biden commutes sentences of nearly 2,500 non-violent drug offenders
Total number of pardons and commutations issued by US president is now higher than any of his predecessors. Joe Biden , who leaves office next week, announced on Friday he was commuting the ...The Guardian - Jan. 17 -
Medicare to Negotiate Lower Prices for Weight-Loss Drugs
The government is expected to pay lower prices for Ozempic and Wegovy starting in 2027. The Trump administration will decide whether to expand coverage for millions of Americans.The New York Times - Jan. 17 -
Biden administration picks 15 more drugs for Medicare negotiation
The Centers for Medicare and Medicaid Services (CMS) has selected 15 more drugs for Medicare price negotiation, announcing the selection two weeks ahead of schedule. Administration officials did ...The Hill - Jan. 17 -
Biden sets pardons and commutations record with new clemency for nonviolent drug offenders
The president said that with Friday's action he has "now issued more individual pardons and commutations than any president in U.S. history."NBC News - Jan. 17 -
Biden commutes the sentences of nearly 2,500 non-violent drug offenders
President Biden on Friday announced he would commute the sentences of nearly 2,500 people convicted of non-violent drug offenses as one of his last major moves just days before leaving office. ...The Hill - Jan. 17 -
Speedier drug trials and better films: how AI is transforming businesses
From aviation to retail, many industries are already looking to artificial intelligence to improve productivity. Keir Starmer this week announced a 50-point plan that aims to give the UK world ...The Guardian - Jan. 17 -
Rats get taste for drugs in Houston police evidence room
Police department officials lament ‘systemic problem’ and say rats ‘enjoying’ 400,000lbs of marijuana in storage. Houston has found itself with a problem after drug-eating rats invaded the city’s ...The Guardian - Jan. 16 -
Drug-eating rats invade Houston police evidence room
The rodents are enjoying marijuana at the Houston Police Department that has been sitting in evidence for years.CBS News - Jan. 16 -
'Drug-addicted rats' infesting Houston police evidence room
"Drug-addicted rats" are eating narcotics seized and stored by Houston police, prompting a change in how long the police department is required to store the evidence, officials said.NBC News - Jan. 15 -
Hallucinations in AI: How GSK is addressing a critical problem in drug development
Hallucinations are a persistent problem in healthcare. Here's how GSK is using test-time compute scaling to improve its gen AI systems.VentureBeat - Jan. 14 -
Top 3 drug insurers reaped billions as their drug middlemen inflated prices, FTC alleges
Regulators published their most detailed findings yet on how some of the nation’s largest companies profited from ‘excess’ prescription price hikes of 1,000% or more.NBC News - Jan. 14 -
Johnson & Johnson makes $15 billion bet on mental-health drugs
Pharma giant Johnson & Johnson is buying Intra-Cellular Therapies, eying sales growth above analysts’ expectations through 2029.MarketWatch - Jan. 13 -
GSK to buy US cancer drug firm IDRx for up to $1.15bn
Massachusetts-based company is working on new treatments for gastrointestinal cancers. Business live – latest updates GSK has struck a deal worth up to $1.15bn (£950m) to acquire a ...The Guardian - Jan. 13 -
Regulators Tell Baltimore Drug Program to ‘Cease and Desist’
Maryland issued the order after an investigation by The New York Times and The Baltimore Banner traced overdoses and deaths to an addiction program offering free housing.The New York Times - Jan. 11 -
U.K.’s First Drug Consumption Center Is Set to Open in Glasgow
Scotland, which has the highest rate of recorded drugs deaths in Europe, is opening a new facility for users to inject illegal drugs under medical supervision.The New York Times - Jan. 10 -
Inside the UK's first legal drug consumption room
The Thistle will open its doors next week after nearly a decade of deadlock over drug laws.BBC News - Jan. 10 -
Prices of top 25 Medicare Part D drugs have nearly doubled, AARP study finds
AARP's new research finds price growth for top Part D prescription drugs has exceeded inflation, making a case for allowing Medicare to negotiate prices.CNBC - Jan. 9 -
Weight-loss drugs like Ozempic may be up for Medicare price negotiations — will Trump support it?
Medicare’s drug pricing negotiations — the first of their kind in the United States, passed under President Joe Biden — face an uncertain future in the incoming Trump administration.NBC News - Jan. 9 -
GSK nears $1bn deal for biotech developing drug for rare tumour
IDRx tests treatment for digestive system cancer that affects 4,000 to 6,000 people a year in USFinancial Times - Jan. 8 -
Breakthrough drugs herald ‘new era’ in battle against dementia, experts predict
Medical advances make pills to treat Alzheimer’s disease viable, though challenges remain in sharing gains globally. Pills that prevent Alzheimer’s disease or blunt its effects are on the horizon, ...The Guardian - Jan. 8 -
Hotel employee accused of selling drugs to Liam Payne reportedly surrenders to police
Nearly three months after Liam Payne's death, a hotel worker who allegedly sold drugs to the singer has reportedly turned himself in to Argentine officials.Los Angeles Times - Jan. 7 -
Louisiana mayor arrested after drug trafficking investigation
Seven people — including Tyrin Truong, mayor of Bogalusa, Louisiana — are facing charges issued in connection with a drug trafficking investigation.CBS News - Jan. 7 -
Ketamine could be reclassified as Class A drug
Illegal use of the drug reached record levels last year, the Home Office said.BBC News - Jan. 7 -
Drug Company to Share Revenues With Indigenous People Who Donated Their Genes
Variant Bio, a small biotech company based in Seattle, is using genetic information from Indigenous people to develop drugs for obesity and diabetes.The New York Times - Jan. 7 -
How Congestion Pricing Will Affect Small Businesses
New York City’s controversial new toll could hurt small businesses by making deliveries more expensive—or help them by reducing traffic jams.Inc. - Jan. 6 -
Congestion pricing begins in New York City
New York City's first-in-the-nation congestion pricing plan has gone into effect. CBS News reporter Elijah Westbrook has more.CBS News - Jan. 6 -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6 -
Congestion pricing is a New York idea.
A Columbia University economist, William Vickrey, proposed charging varying tolls for roads and subways in the 1950s.The New York Times - Jan. 5
