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December 5, 2012
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News for the PBM Industry

  Featured Story 
  • Report: Most HMOs depend on PBMs
    Some 80% of health maintenance organizations develop their own drug formularies instead of using an associated pharmacy benefit manager's formulary, Sanofi's 2012-13 HMO-PPO Digest shows. Nearly every HMO processes prescriptions through a PBM and more than 80% also dispense drugs through a PBM, but some 27% of HMO prescriptions are filled through in-house pharmacies. Drug Channels (12/5) LinkedInFacebookTwitterEmail this Story
 Registration is now open for PCMA's Managed Markets Educational Forum!
Whether you are a seasoned managed markets executive or someone who supports the team, PCMA's Managed Markets Educational Forum will provide valuable education on fundamental, as well as complex and strategic issues relevant to professionals of all levels within pharma managed markets or market access divisions. Visit PCMA's website to learn more about our 2013 events!
 

  Legislative & Regulatory News 
  • Governors urge flexibility with Medicaid
    Governors meeting with President Barack Obama about avoiding automatic tax increases and spending cuts asked for more flexibility in their management of Medicaid and other federal-state programs. CBS News (12/4) LinkedInFacebookTwitterEmail this Story
  Drug Industry Spotlight 
  • FDA may be ready to rethink antibiotic development
    An advisory panel's vote last week is among the signals that the FDA may be ready to reconsider requirements for clinical trials of antibiotics. As multidrug-resistant bacteria strains have become more common, new antibiotic approvals have decreased. Nature (12/4) LinkedInFacebookTwitterEmail this Story
  • U.S. readies for possible entry of generic painkiller from Canada
    The White House warned border agents and police to be ready for addictive painkillers to begin flowing across the border from Canada, where generic formulations of the pain drug OxyContin are poised to reach the market. "The potential exists for diversion into the United States because the old formulations, which are easier to abuse, are unavailable in the United States," the warning said. "This alert seeks to raise awareness of this change with law enforcement along the Northern Border so law enforcement and border officials can work jointly to prevent diversion." The Wall Street Journal (12/4) LinkedInFacebookTwitterEmail this Story
  • Ranbaxy's recalled drug is safe to use, FDA reports
    The FDA announced that it is safe to keep taking Ranbaxy Laboratories' atorvastatin calcium drug, which was recalled last month due to possible contamination with small glass particles. Additional information provided by Ranbaxy demonstrated that the likelihood of serious health problems associated with product use was small, an official stated. The Plain Dealer (Cleveland) (12/3) LinkedInFacebookTwitterEmail this Story
  SmartQuote 
The forceps of our minds are clumsy things and crush the truth a little in the course of taking hold of it."
--H.G. Wells,
British author


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About PCMA
PCMA is the national association representing America's pharmacy benefit managers (PBMs), which administer prescription drug plans for more than 210 million Americans with health coverage provided through Fortune 500 employers, health insurance plans, labor unions, and Medicare Part D. PCMA is dedicated to enhancing the proven tools and techniques pioneered by PBMs that generate savings and access for consumers and payors.

 
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