Tag Archives: Drug

Federal judge says HHS Secretary Alex Azar exceeded legal authority in setting 340B drug payment rates

A federal court has sided with the American Hospital Association and others in ruling that the Department of Health and Human Services unlawfully cut payment rates for certain outpatient drugs. HHS Secretary Alex Azar exceeded his legal authority in setting new reimbursement rates in the outpatient prospective payment system rule for 2018, United States District… Read More »

Nicox teams up with Chinese firm to develop and sell glaucoma drug

PARIS (Reuters) – French ophthalmology company Nicox and Chinese firm Ocumension Therapeutics said on Monday they had signed an exclusive license agreement to develop and sell a yet-to-be approved Nicox drug to treat glaucoma in China. Glaucoma, which is damage to the optic nerve, is the second leading cause of blindness globally and is likely… Read More »

AbbVie halts late-stage trial for lung cancer drug Rova-T

(Reuters) – AbbVie Inc said on Wednesday it had halted enrollment for a late stage trial of Rova-T as a second-line therapy for advanced small-cell lung cancer, following recommendations made by an independent data monitoring committee. The committee’s recommendations were based on shorter overall survival in the Rova-T arm, compared with the topotecan control arm,… Read More »