The industry says it keeps down the cost of prescription drugs, but critics say it's profiting at the expense of patients.

The U.S. Federal Trade Commission on Tuesday published the second part of its investigation into how prescription drug ...

In 2021, the FDA approved a new insulin drug, Semglee, that was interchangeable with a brand-name insulin called Lantus.

PBMs disputed those findings. President-elect Donald Trump has declared his intention to target drug middlemen practices, though he hasn't offered detailed policy proposals. He nominated a ...

Drugmakers hope to see efforts that focus more on cracking down on pharmacy benefit managers while promoting drug innovation ...

The companies raised prices a median 4%, though some drugs will cost thousands of dollars more.

Columbus joins the states of Arkansas, California, Kansas, Kentucky, Minnesota and Mississippi and other cities and counties ...

The Biden administration said Medicare will negotiate discounts with drug companies on 15 drugs prescribed to treat cancer, ...

Denouncing the $557 billion industry as “horrible middlemen,” responsible for—and “rich as hell” from— America’s incomparably high prescription drug prices, Trump vowed to get rid of ...