prescription drugs News

Mental Telehealth CEO Ousted as U.S. Probes Prescription Practices

Cerebral Inc. directors voted to oust the mental telehealth giant’s founder and chief executive officer, Kyle Robertson, on Wednesday, as the booming industry draws scrutiny from federal law enforcement and patient advocates. Robertson had built Cerebral into a $4.8 billion …

Under Scrutiny, Some Telehealth Firms Are Rethinking ADHD Drugs

The largest online mental health startup has tightened its prescription practices after criticism by medical professionals that its aggressive social-media marketing and workplace culture made some addictive medications too easy to get. And there are signs that scrutiny of mental …

Amazon.com Offers Prescriptions Starting at $6; Considers Physical Locations

Amazon.com Inc. said on Tuesday it was now offering six-month prescriptions starting at $6 for medications of common health issues through its pharmacy. The company said prime members would get additional savings when paying without insurance. Customers can pay as …

Mental Health Drug Prescriptions on the Rise

The number of Americans taking mental health prescription medication is up 6.4% in the last year, which means that 65 million people (1 in 5) are now prescribed medication to help them cope with stress, anxiety or depression, according to …

Drugmakers Plan to Raise Prices in New Year: Reuters, 3 Axis Advisors

Drugmakers including Pfizer Inc., Sanofi SA, and GlaxoSmithKline Plc plan to raise U.S. prices on more than 300 drugs in the United States on Jan. 1, according to drugmakers and data analyzed by healthcare research firm 3 Axis Advisors. The …

Market Value of Insurers, Drugstores Drops on Amazon Plans to Sell Prescription Drugs

The leading drugstores, drug distributors and health insurers lost about $22 billion in market value Tuesday after Amazon.com Inc. revealed plans to start selling prescription drugs to its Prime members in the U.S. The long awaited move pushed Walgreens Boots …

Trump Signs Executive Orders to Lower Prescription Drug Prices

U.S. President Donald Trump on Friday signed four executive orders aimed at lowering the prices Americans pay for prescription drugs, as he faces an uphill re-election battle and criticism over his handling of the coronavirus pandemic. Trump has previously proposed …

How Pharmacies Are Resisting Amazon’s Attempt to Corner Their Business

Getting into the pharmacy business was easy for Amazon.com: It paid $753 million to buy the mail-order startup PillPack. The hard part has been prying patients away from their local drugstore. Since being acquired by the internet giant, PillPack has …

Arkansas Governor Says Special Session on Pharmacy Rates Possible

Arkansas Gov. Asa Hutchinson says he’ll call a special legislative session to address reimbursement rates for pharmacies and to amend the state’s open container law if there is consensus among lawmakers on the proposals. Legislative leaders have asked for a …

Database in Nevada Aims to Accurately Depict Opioid Crisis

Officials say a new state database will help paint a better picture of the opioid crisis in Nevada, as existing data shows opioid-related deaths dropped in 2016 even though hospitalizations and prescription rates rose. The Las Vegas Review-Journal reported that …