Brand drug manufacturers use a variety of strategies to extend the exclusivity of their drugs beyond the end of their original 20-year exclusivity period. They use “patent thickets” as an extension tool by filing multiple additional patents on the same
The U.S. House of Representatives is preparing a suspension vote on the Lower Costs, More Transparency Act, which includes many of the controversial, overreaching proposals impacting pharmacy benefits. A recent Washington Examiner article highlighted growing concerns among Members of Congress
A World Without Pharmacy Benefit Companies… …Means Employers Would Have to Go it Alone Pharmacy benefit companies play an important and unique role in the drug supply and payment chain. While they are best known for lowering drug costs through
EVP and President, Elixir Chris DuPaul is a member of the executive leadership team for Rite Aid Corporation for Elixir Solutions, the company’s pharmacy benefit management (PBM) business. As EVP and President of Elixir, Chris leads day-to-day operations across commercial
President, CarelonRx As president of CarelonRx, Paul Marchetti is responsible for advancing the company’s integrated, whole-person approach to care delivery and for driving programs and strategies that lead to improved affordability and outcomes. Paul has more than 25 years of
Melodie Shrader Senior Vice President, State Affairs Melodie Shrader is Senior Vice President, State Affairs at PCMA. Ms. Shrader brings an extensive background in non-profit management and politics. In Ms. Shrader’s role at PCMA she oversees the organization’s state legislative
Pharmacy Benefit Companies Innovate to Provide Choice for Clients, Lower Costs for Patients Even as Congress considers more government intervention and “drug pricing” legislation that ironically may prove only to increase prescription drug costs, pharmacy benefit companies continue to evolve
In case you missed it, PCMA President and CEO JC Scott testified before the U.S. House Education and the Workforce Committee Subcommittee on Health, Employment, Labor, and Pensions. During Scott’s testimony, he highlighted the critical role of pharmacy benefit companies in
Millions of Patients Impacted if Option to Use Spread Pricing is Taken Away Pharmacy benefit companies offer employers and health plans flexibility when they’re designing their pharmacy benefits. From formularies to compensation, there are choices for employers and plans to
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