Legislative, Regulatory & Legal

Lisdexamfetamine Dimesylate capsules are a federally controlled substance used to treat Attention-Deficit/Hyperactivity Disorder and other indications.

This action is on top of progress previously made in reducing the cost of insulin to $35 a month for people with Medicare.

The cuts are aimed at pharmacists in higher wage brackets and underscore the new pressures at Walmart pharmacies, per a Reuters report.

Mallinckrodt said it intends to pay vendors and suppliers in the ordinary course, including for any pre-petition amounts owed at the time of filing.

Rite Aid is reportedly planning to file for bankruptcy to address federal and state lawsuits it is facing over its alleged role in the sale of opioids, per a WSJ report.

Mallinckrodt expects to complete the contemplated prepackaged Chapter 11 process in the fourth quarter of 2023.

Generic drug makers Teva and Glenmark have agreed to divest their generic Pravachol business.

FDA Commissioner Robert Califf will be the keynote FDA speaker during a “Fireside Chat” at GRx+Bosims 2023, which will be held  Oct. 2-4.