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...Civica Rx has delivered on its promise to supply hospitals with generic medications...Intermountain Health and other nonprofit systems joined forces in hopes of providing more predictable pricing and access to drugs...The company pledges that every hospital, regardless of size, will have the same access to products, and says it will only set one market price. Larger systems will not receive discounts on larger volume purchases and every hospital will have the same contracting terms...READ MORE

Nicole Grassano, PTNN, Pharmacy Week in Review, this weekly video program provides our readers with an in-depth review of the latest news, product approvals, FDA rulings and more.

A 340B advocacy group is imploring congressional allies to ensure House Speaker Nancy Pelosi’s drug prices plan won’t prevent hospitals from getting discounts under the program...The hospital industry-backed advocacy group 340B Health sent a letter to the House Energy & Commerce Committee...extolling the virtues of the program. The letter comes after the release of Pelosi’s Lower Drug Costs Act, which would call for the Department of Health and Human Services secretary to select at least 25 drugs a year to negotiate for a lower price...Currently, the legislative text says that for each year that a negotiated price is applied that drug shall “not be considered a covered outpatient drug subject to an agreement under … 340B.”...READ MORE

The Zantac recall is quickly turning into a landslide as CVS pulled Zantac and its generics from its shelves and countries from Korea to Bangladesh asked makers to remove ranitidine drugs from their markets...CVS Sunday said it was suspending sales of all Zantac brand and CVS Health brand ranitidine products until further notice. That came despite the fact the FDA has yet to seek the recall of the products or recommend that patients quit taking the heartburn med after it warned a suspected carcinogen has been found in them...FDA alerted the public Sept. 13 that it had been determined that NDMA could be produced during the manufacturing of ranitidine drugs. At the time, it said the amounts found in the drugs appeared to be less than would be found in common foods, and their risks seemed small...READ MORE

A CVS Health Corp health plan that uses an outside drug pricing group to help it decide whether to cover certain new medicines has gained little traction with customers...has drawn fierce criticism from patient advocacy groups...The plan, launched a year ago, is based on analyses by the Institute for Clinical and Economic Review, a Boston-based group that assesses effectiveness of drugs to determine appropriate prices...Using ICER’s cost effectiveness assessment, CVS decides whether to include second or third medicines entering the market if there are already similar ones in the plan...Opposition to the CVS plan is part of much broader concerns cited by drug companies and advocacy groups, many of which receive funding from the pharmaceutical industry...More than 50 groups, including drugmakers, PhRMA, the industry’s main lobby group, and other advocacy groups, have provided comment during a public input period included in a review by ICER of its assessment methods. Many asked ICER to eliminate price recommendations from its efficacy analyses...READ MORE

A Virginia doctor convicted in May of illegally prescribing more than half a million opioid tablets was sentenced...to 40 years in a federal prison...Joel Smithers, who was convicted of 859 counts of illegally prescribing drugs... was sentenced to 480 months in prison in US District Court for the Western District of Virginia in Abingdon, where he was also given a supervised release of three years and ordered to pay a special assessment of $86,000...READ MORE

Google parent company Alphabet has hired former U.S. Food and Drug Administration Commissioner Robert Califf, M.D., to...serve as head of strategy and policy across the company's Google Health and Verily Life Sciences enterprises beginning Nov. 18...He served at the FDA during President Barack Obama’s administration, first as deputy commissioner for medical products and tobacco from 2015 to 2016 then as commissioner of food and drugs from 2016 to 2017...READ MORE

Laura Joszt, Managing Editor at The American Journal of Managed Care. Welcome to This Week in Managed Care from the Managed Markets News Network

The Food and Drug Administration issued a warning to consumers...about potentially serious cybersecurity flaws in some medical devices that could allow hackers to take control of them remotely...Medical devices that use third-party, decades-old software called IPnet are at risk, the FDA said. The regulator said it’s not sure how many or even which specific devices, such as insulin pumps or pacemakers, are vulnerable to getting hacked...Researchers have identified 11 vulnerabilities that may allow “anyone to remotely take control of the medical device and change its function, cause denial of service, or cause information leaks or logical flaws, which may prevent device function.”...READ MORE

Pharmacists have warned of shortages for every major type of medicine – including painkillers, contraceptives and diabetes pills...A poll of community pharmacists...revealed the dramatic extent of the drugs crisis that is hitting hundreds of thousands of patients in the UK...Pharmacists said they are living ‘on a knife-edge’ due to the mass shortages, which are caused by a perfect storm of manufacturing problems...READ MORE