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☆ How the Cartels Launder Their Drug Money, According to a Former Agent
▼ + stars: | 2024-03-28 | by ( Kyle Desiderio | Ju Shardlow | ) www.businessinsider.com time to read: +2 min

Robert Mazur tells the full story of his time as a government agent investigating drug-money laundering. Mazur went undercover for the US Drug Enforcement Administration, the Internal Revenue Service intelligence division, and the Customs Service. In Operation C-Chase, Mazur successfully infiltrated the Medellín cartel by posing as a wealthy, mob-connected businessman named Robert Musella. At its peak, the Cali cartel is estimated to have produced 80% of the world's cocaine supply. It was controlled by Gilberto Rodríguez Orejuela, Miguel Rodríguez Orejuela, Pacho Herrera, and José Santacruz Londoño.

Persons: Robert Mazur, Mazur, Robert Musella, Pablo Escobar's, Gonzalo Mora, Roberto Alcaino, Robert Baldasare, Gilberto Rodríguez Orejuela, Miguel Rodríguez Orejuela, Pacho Herrera, Londoño, Bryan Cranston, John Leguizamo, Diane Kruger, B095BKWD8L Read Organizations: US Drug Enforcement Administration, Internal Revenue Service, Customs Service, New York Times, KYC Locations: Italian American, Cali

☆ Supreme Court medication abortion case threatens ‘seismic shift’ in FDA drug approval process, experts warn
▼ + stars: | 2024-03-26 | by ( Meg Tirrell | Tierney Sneed | ) edition.cnn.com time to read: +7 min

If the Supreme Court agrees with the appeals court, the approval of mifepristone could be reset to where it stood before 2016, limiting telehealth access to medication abortion and reimplementing other restrictions. “Nevertheless, drug developers invest in new medicines because, if their investments succeed, FDA’s rigorous drug approvals and subsequent regulatory actions are sturdy enough to facilitate reliable returns. “And without necessary investment, drug development would freeze, stifling innovation and limiting treatment options for patients.”Of course, if the Supreme Court upholds the appeals court decision, the most immediate impact would be to mifepristone itself. “It is both my hope and my ‘bet’ that the court doesn’t uphold the 5th Circuit on the standing argument,” Cohen wrote. “But I have learned the Supreme Court is hard to predict much of the time.”

Persons: thalidomide, mifepristone that’s, ”, Daniel Grossman, ” Grossman, ” PhRMA, Glenn Cohen, Dr, Sanjay Gupta, Cohen, ” Cohen Organizations: CNN, Food and Drug, Federal Food, FDA, US, University of California San, Reproductive, Guttmacher Institute, Circuit, Appeals, Pharmaceutical Research, Manufacturers of America, Harvard Law School, CNN Health Locations: Massengill, University of California San Francisco, Texas

CNN —A majority of Supreme Court justices appeared skeptical Tuesday of the idea of a nationwide ban or new limits on mifepristone, the primary drug used for medication abortions. At issue in the case are lower-court rulings that would have rolled back recent Food and Drug Administration decisions to ease access to the mifepristone. “What the court did … is enter sweeping nationwide relief that restricts access to mifepristone for every single woman in this country. Some anti-abortion activists see the law as an avenue to end medication abortion, and perhaps all kinds of abortions. Danco’s attorney said that this case was not an appropriate venue for the court to weigh the reach of the Comstock Act.

Persons: Roe, Wade, John Roberts, Neil Gorsuch, ” Roberts, Erin Hawley, interjected, Franklin Delano Roosevelt’s, ”, ” Gorsuch, Biden, …, Elizabeth Prelogar, Brett Kavanaugh, ” Kavanaugh, Prelogar, Ketanji Brown Jackson, “, Jackson, ” Jackson, Amy Coney Barrett, Barrett, Alito, Thomas, Samuel Alito, Clarence Thomas, ” Alito, Mifepristone, Comstock, mifepristone, Matthew Kacsmaryk –, Trump, –, Kacsmaryk Organizations: CNN, Drug Administration, Conservative, FDA, Justice Department, Amarillo Division, Court, Northern, Northern District of, US, US Judicial Locations: mifepristone, FDA’s, Amarillo, Northern District, Northern District of Texas

☆ Exclusive: Ex-Truepill CEO just scored $6 million to help health plans and pharma companies ditch middlemen and work closely with patients
▼ + stars: | 2024-03-11 | by ( ) www.businessinsider.com time to read: +5 min

He's launched a new company, Foundation Health, to help them do that quickly and at a low cost. Foundation aims to make it easy for insurers to set up their own online pharmacies and pharma companies to sell drugs directly to consumers. "The main focus area for us is to help health plans disintermediate PBMs," Afridi said. Foundation Health wants to help customers ditch big PBMsFoundation's software enables a few different things. Finally, direct-to-consumer health companies can plug into Foundation's technology to power their services, instead of building their own pharmacies and hiring doctors.

Persons: Umar Afridi, disruptors, Afridi, He's, disintermediate, Garry Tan, Y, they've, pocketing, Eli Lilly's, Jack Altman Organizations: California, Cuban, Plus, Business, Foundation Health, Foundation, pharma, Alt, Liquid Ventures, Exceptional, Storm Ventures, PageOne Ventures, Federal Trade Commission Locations: drugmakers

☆ Novo Nordisk stock: The company behind Ozempic and Wegovy is now bigger than Tesla
▼ + stars: | 2024-03-08 | by ( Anna Cooban | ) edition.cnn.com time to read: +4 min

London CNN —First, Novo Nordisk, the company behind Ozempic and Wegovy, outgrew its native Denmark. Investors rushed into Novo Nordisk’s stock after the company reported early-stage results from a trial of amycretin, an experimental weight loss drug that can be taken in pill form. Novo Nordisk, once the little-known maker of diabetes drug Ozempic, has ballooned in value as the drug’s off-label use for weight loss has spread. By contrast, shares of Novo Nordisk are up by 30% this year, and by nearly 80% over the past 12 months. The companies have cornered the global market for weight loss drugs that mimic GLP-1, a naturally-occurring hormone that suppresses appetite.

Persons: Grégoire, ”, Jens Naervig Pedersen, “, Tesla, Elon Musk’s Tesla, China’s, Eli Lilly, “ Novo, Lilly, It’s, Musk, Jeff Bezos Organizations: London CNN, Novo Nordisk, Pictet, Management, CNN, US Food and Drug Administration, Nordisk “, Danske Bank, EV, Reuters, “, Amazon, Bloomberg Locations: Novo, Denmark, Novo Nordisk’s, Danish, United States, Berlin, Germany, Europe, Pictet, EVs

☆ Mark Cuban says he will vote for Joe Biden even if the president 'was being given last rites'
▼ + stars: | 2024-03-05 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

Mark Cuban says he'll vote for Joe Biden — even if the president's on his deathbed. Cuban told BI that he expects a rematch between Biden and Donald Trump in November. AdvertisementMark Cuban says he's determined to cast his vote for President Joe Biden this November — even if Biden's on his deathbed. "If they were having his last wake, and it was him versus Trump, and he was being given last rites, I would still vote for Joe Biden," Cuban told Bloomberg on Monday. Cuban is the co-founder of the low-cost online pharmacy, Mark Cuban Cost Plus Drugs Co.

Persons: Mark Cuban, Joe Biden —, Biden, Donald Trump, he'll, Nikki Haley, —, he's, Joe Biden, Biden's, Cuban Organizations: BI, Trump, Service, Bloomberg, White, Cuban

☆ El Chapo gave a briefcase with $1 million to the campaign of the ex-Honduras president now accused of US drug trafficking: witness
▼ + stars: | 2024-02-22 | by ( Noah Hurowitz | Haven Orecchio-Egresitz | ) www.businessinsider.com time to read: +4 min

At the meeting, El Chapo told Tony Hernández he was looking to open new trafficking routes through Honduras. El Chapo then asked if, under his brother's administration, the Valle brothers or Ardon Soriano himself would be extradited for prosecution. AdvertisementAt that point, El Chapo offered $1 million to Hernández's campaign, Ardon Soriano testified. At a different meeting that year, Ardon Soriano and Tony Hernández met with El Chapo again, and El Chapo personally handed the briefcase with $1 million to Hernández, the convicted drug trafficker testified. "Juan Orlando Hernández told me that he had had them extradited because they had tried to have him killed," Ardon Soriano told the jury.

Persons: Joaquín, Guzmán, Juan Orlando Hernández, El Chapo, Amilcar Alexander Ardon Soriano, El Paraíso, —, Hernández, Ardon Soriano, Soriano, Miguel Arnulfo Valle, Luis Alfonso —, Tony, Tony Hernández, Valle, Juan Orlando, Ardon Organizations: Business, Prosecutors, Honduras —, National Party, El, Miguel Arnulfo Valle Valle Locations: Honduras, Honduran, El, Manhattan, United States, America, Espíritu

NEW YORK (AP) — A man convicted in the notorious drug-related killing of a rookie New York City police officer at the height of the city's crack epidemic decades ago has been denied parole, a union representing NYPD officers said Sunday. Todd Scott had been serving 25 years to life for his role in the shooting death of Officer Edward Byrne in Queens. Scott was convicted of second-degree murder and has been serving his sentence at the maximum-security state prison in Shawangunk. Patrick Hendry, president of the Police Benevolent Association, said in a statement that the union was “relieved” Scott was denied parole. The union said it also will continue to oppose the release of two others convicted in the killing.

Persons: Todd Scott, Edward Byrne, Queens . Byrnes, Scott, Howard “ Pappy ” Mason, Byrne, couldn't, Patrick Hendry, “, ” Scott, David McClary, Phillip Copeland, Scott Cobb, ” Hendry, Byrne's, Kenneth Byrne, ” “, Eddie Organizations: New York, Police, NYPD, Police Benevolent Association Locations: New York City, Queens, Shawangunk, ”

Biogen will stop developing its Alzheimer’s treatment Aduhelm, a drug once seen as a potential blockbuster before stumbling soon after its launch a couple years ago. The company also is helping Japanese drugmaker Eisai sell another Alzheimer’s treatment, Leqembi, which already has full FDA approval. Leqembi is the first medicine that’s been convincingly shown to slow the cognitive decline caused by Alzheimer’s disease, though only modestly. Political Cartoons View All 253 ImagesAduhelm was the first new Alzheimer’s disease drug introduced in nearly two decades. But doctors were hesitant to prescribe the intravenous drug, given weak evidence that the drug slows Alzheimer’s.

Persons: drugmaker, Biogen, that’s, Aduhelm Organizations: Food and Drug Administration, Regulators, FDA, Cambridge, Inc Locations: Japanese, Cambridge , Massachusetts

☆ Mark Cuban: Here's the moment I knew I wouldn’t succeed in corporate America
▼ + stars: | 2024-01-28 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Mark Cuban once pictured himself running a major corporation — until he started his first job out of college. The experience "sealed" something he probably already knew, Cuban told CNBC Make It via email: If he wanted to run a company, he'd likely have to build his own. "I was a lousy employee because I was a know-it-all," Cuban told Wired last year. But not every prospective entrepreneur is as successful as Cuban, who launched a software company called Microsolutions in 1983 and kept it afloat through some turbulent early years. Cuban's second business, Broadcast.com, was acquired by Yahoo for $5.7 billion in 1999.

Persons: Mark Cuban, Cuban, Trevor Noah's, unkindly, he's, didn't, he'd Organizations: —, University of Indiana, Mellon Bank, CNBC, Software, Wired, Yahoo Locations: Pittsburgh, Cuban, America, Dallas

(AP) — Approximately 40 people with connections to multiple states and Mexico were arrested Tuesday after a four-year federal investigation exposed multiple drug trafficking operations in east Mississippi, federal prosecutors announced. In 10 federal indictments filed in the U.S. Southern District of Mississippi, those arrested are accused of distributing methamphetamine, cocaine and other illegal drugs. The indictments charge various drug trafficking crimes, including possession with intent to distribute controlled substances and conspiracy. During the investigation, law enforcement agents seized large quantities of methamphetamine pills, liquid methamphetamine, crystal methamphetamine, powder cocaine and crack cocaine, Gee said. Some of the defendants were charged with committing a methamphetamine drug offense while children were present.

Persons: JACKSON, ” Todd W, Gee Organizations: U.S . Southern, U.S . Southern District of, U.S, Attorney, Southern, Southern District of Locations: Miss, Mexico, Mississippi, U.S, U.S . Southern District, U.S . Southern District of Mississippi, East Mississippi, Southern District, Southern District of Mississippi, Mississippi , California , Texas , Alabama

☆ Griselda Blanco's family says Netflix acted like her son, Michael Blanco, 'did not exist' after he shared his mother's story with the streamer
▼ + stars: | 2024-01-20 | by ( Eve Crosbie | Kenneth Niemeyer | ) www.businessinsider.com time to read: +4 min

Griselda Blanco's son has sued Sophia Vergara and Netflix to block the release of "Griselda." In a statement to BI, the Blancos said Netflix should compensate Michael Blanco for sharing his story. In the suit, Michael Blanco says the show's creators used his "private artistic literary work" without permission or credit, which has created "irreparable harm." Representatives for Latin World Entertainment and Vergara did not respond to requests for comment from Business Insider made outside regular working hours. Netflix"Make no mistake, Michael Blanco is humble and thrilled each and every time someone reaches out to shine a light on his mother and the Blanco family," the statement continues.

Persons: Griselda Blanco's, Sophia Vergara, Griselda, Michael Blanco, —, Griselda Blanco, Sofía Vergara, TMZ, Michael, Vergara, Blanco, Andres Hernando Lopez, Rafael Alfredo Rojas Vega, Lopez, Rojas Vega, Luis Balaguer, Melissa Escobar, Catherine Zeta, Jones Organizations: Netflix, Service, Dade, Business, Entertainment Locations: Colombian, Florida's Miami, Dade County, Spanish

☆ Sri Lanka to Continue Drug Crackdown Despite Rights Group Concerns - Minister
▼ + stars: | 2024-01-18 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

By Uditha JayasingheCOLOMBO (Reuters) - Sri Lanka vowed to continue an anti-narcotics campaign that has seen more than 35,000 people detained over the last few weeks despite concerns raised by multiple rights groups, top officials said on Thursday. Sri Lankan police have detained 38,525 people since the operation - code-named "Yuktiya" or "Justice" - began in December. Thirty-three rights organisations including Amnesty International, Human Rights Watch, and International Commission of Jurists, this week expressed concerns over what they call "drastic intensification" of anti-narcotics operations in Sri Lanka leading to significant human rights violations. There is no reasonable suspicion, the kind of people arrested have a lower marginalised economic status," said Thiyagi Ruwanpathirana, a researcher for Amnesty International Sri Lanka. Sri Lanka had over 97,000 drug-related arrests in 2020 with 53% of arrests for heroin and 42% for cannabis including possession offences, according to latest data from state-run National Dangerous Drugs Control Board.

Persons: Uditha Jayasinghe, Tiran, Thiyagi Ruwanpathirana, Ruwanpathirana, Deshabandu Tennekoon, Sri, Toby Chopra Organizations: Reuters, Sri, Public, Amnesty, Human Rights Watch, International Commission of Jurists, Drugs, Board Locations: Uditha Jayasinghe COLOMBO, Sri Lanka, Sri Lanka's

MEXICO CITY (AP) — Gunmen burst into a home in central Mexico and abducted one of the volunteer searchers looking for the country's 114,000 disappeared and killed her husband and son, authorities said Wednesday. Cano’s volunteer group, Salamanca United in the Search for the Disappeared, said late Tuesday the gunmen shot Cano’s husband and adult son in the attack the previous day. State prosecutors confirmed husband and son were killed, and that Cano remained missing. At least seven volunteer searchers have been killed in Mexico since 2021. The volunteer searchers often conduct their own investigations —often relying on tips from former criminals — because the government has been unable to help.

Persons: Lorenza Cano, Cano, —, José Cano Flores, Lorenza Organizations: MEXICO CITY, Salamanca United, Jalisco New, Volunteers Locations: MEXICO, Mexico, Salamanca, Guanajuato, Cabo, brother's, Jalisco, Tlajomulco, America, Caribbean

☆ Walgreens is following Mark Cuban's blueprint as it embarks on a big strategy shift for prescription drugs
▼ + stars: | 2024-01-05 | by ( ) www.businessinsider.com time to read: +5 min

Pharmacies are changing how they get paid, and Walgreens wants a piece of the action. It's a departure from the traditional, complicated way drugs are paid for, and proponents say it could make drug pricing more transparent and predictable. It's not a given patients will pay less for drugs at the pharmacy counter under this kind of model. These companies are taking cues from Mark Cuban's Cost Plus Drugs, which is starting to gain traction in the market. The big question is whether Walgreens can compete with CVS and other pharmacies in delivering those extra pharmacy and healthcare services.

Persons: Tim Wentworth, Mark, Wentworth, Borja, Hojas, they're, Caremark, Brian Tanquilut, Tanquilut, CVS, Cigna, Mark Cuban's, It's, Rosalind Brewer Organizations: Walgreens, Business, CVS Health, Getty, CVS, Jefferies, Health Locations: California

☆ Matthew Perry's death means hard questions for the ketamine movement
▼ + stars: | 2023-12-20 | by ( Anna Silman | ) www.businessinsider.com time to read: +10 min

AdvertisementWhen Charles Patti read that ketamine had been a major factor in the "Friends" star Matthew Perry's death, his heart sank. AdvertisementMultiple researchers told Business Insider that labeling ketamine as the sole cause of Perry's death is misleading. "Matthew Perry's ketamine overdose should be a lesson in expanded use of the dangerous drug," declared The New York Post. There's no data on how many people go from receiving ketamine treatment in clinics to using it without a prescription. Herzberg, the historian, said he's not particularly worried about Perry's death causing a moral panic.

Persons: Matthew Perry, —, Charles Patti, Matthew Perry's, Patti, Perry, Matthew, Joanna Moncrieff, Ryan Marino, Marilyn Monroe's, David Herzberg, Len Bias, Gerard Sanacora, it's, Chrissy Teigen, Elon Musk, We've, Herzberg, wasn't, Sanacora, I've, Sandhya Prashad, wouldn't, Keith Trujillo, Trujillo, he's Organizations: Service, Los, Business, New York, University of Buffalo, Yale, FDA, American Society, Physicians, Psychotherapists Locations: Florida, Los Angeles County, British, Swiss

☆ CVS to change how it prices prescription drugs with new pharmacy reimbursement model
▼ + stars: | 2023-12-05 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

CVS Health on Tuesday said it will revamp how it prices prescription drugs and scrap a complex model that typically sets how much pharmacies get reimbursed and what patients pay for those medications. CVS' new model could change the cost of prescription drugs for some patients, but it will not necessarily make all medicine cost less, company executives said. Lynch told CNBC: "It's a cost plus markup, plus a fee. Billionaire Mark Cuban last year launched an online pharmacy that takes a similar approach to CVS' new reimbursement model. The company, called Cost Plus Drugs, aims to drive down the price of medicines broadly by selling them at a set 15% markup over their cost, plus pharmacy fees.

Persons: Karen Lynch, Lynch, Prem Shah, markups, Billionaire Mark Cuban, Cuban Organizations: CVS Health, CVS, CNBC, Billionaire

☆ How Mark Cuban forced the biggest US pharmacy to upend its business
▼ + stars: | 2023-12-05 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +5 min

The new program includes a set markup for medication costs, a step toward drug pricing transparency. The retailer has been facing pressure from new models like Mark Cuban Cost Plus Drugs. They've been especially focused on pharmacy-benefit managers and the lack of transparency around how much drugs cost. How Mark Cuban changed drug pricingCuban's pharmacy buys drugs directly from manufacturers and sells them to consumers at a 15% markup, plus pharmacy fees. AdvertisementBut the announcement looks to be a step in the right direction for drug pricing transparency.

Persons: —, Mark, Prem Shah, Mark Cuban, GoodRx, PBMs, Kroger, it's Organizations: CVS, Cuban, Plus, Service, Mark Cuban, Federal, US Federal Trade Commission, CVS Health, Kroger, Walgreens, Drug, Wall Street Locations: California

☆ US drug shortages are forcing ‘impossible choices’ for Americans, experts tell Senate committee
▼ + stars: | 2023-12-05 | by ( Jen Christensen | ) edition.cnn.com time to read: +7 min

Anderson Cancer Center in Houston, Dr. Jason Westin regularly witnesses the power of lifesaving cancer drugs. But because generic cancer drugs are often in shortage in the United States, he says, he and his patients have been put in a terrible position. Makers of generic drugs don’t have to share information about the supply chain, so buyers currently choose based only on price. Hernandez told the Senate committee that of the top 50 generic drugs paid for by Medicare Part D, 16 were marked up 1,000% or higher. Until there is some kind of legislation that addresses drug shortages, Wosińska and the other experts agreed, they will continue.

Persons: Jason Westin, ” Westin, that’s, they’d, Sen, Marsha Blackburn, Mike Crapo, Generics, ” Crapo, “, ”, Crapo, Inmaculada Hernandez, ” Hernandez, Dr, Marta E, it’s, ” Wosińska, Ron Wyden, ” Wyden, Hernandez, Sanjay Gupta Organizations: CNN, Anderson Cancer Center, US, Finance, Vanderbilt, Tennessee Republican, Food and Drug Administration, Westin, Skaggs School of Pharmacy, Pharmaceutical Sciences, University of California, Centers, Medicare, Medicaid Services, Brookings Institution, CNN Health Locations: M.D, Houston, United States, Nashville, Idaho, China, India, San Diego, Oregon, generics

☆ CVS will change the way it prices drugs
▼ + stars: | 2023-12-05 | by ( Tami Luhby | Nathaniel Meyersohn | ) edition.cnn.com time to read: +4 min

New York CNN —CVS is revamping the way it reimburses its pharmacies for prescription medications, a move that could make prescription drug pricing simpler and change how much consumers pay for their medicines. It’s a similar model to the one entrepreneur Mark Cuban is pushing with his Cost Plus Drugs company. This shift in payment models could change the cost of prescription drugs for some patients, although it will not necessarily make all medicine cost less. Some drugs may cost less, while others might rise in price, CVS executives said. Americans spend around $1,200 a year on average for prescription drugs — more than any other country — according to the Organization for Economic Co-operation and Development.

Persons: Mark Cuban, ”, Prem Shah, Nick Fabrizio, Fabrizio, they’ve Organizations: New, New York CNN, CVS, Plus, CVS Pharmacy, CVS Health, Cornell University, Organization for Economic Co, Kaiser Family Foundation, Amazon Pharmacy, Cuban, Plus Drug, Blue Locations: New York, California

WASHINGTON (AP) — Treasury Secretary Janet Yellen is heading to Mexico this week to promote her agency's new strike force to help combat illicit fentanyl trafficking as the U.S. and China step up efforts to stop the movement of the powerful opioid and drug-making materials into the United States. “Combating the flow of deadly fentanyl into communities across the United States is a top priority for President Biden as well as the Treasury Department,” Treasury Secretary Janet Yellen in a statement. Many of the GOP presidential candidates have said they would use military force against Mexico in response to the trafficking of fentanyl and other synthetic opioids. Nelson will co-chair the strike force with IRS Criminal Investigations Chief Jim Lee. Nelson said the strike force "will act quickly and decisively with the top specialists from across the department to nimbly respond to the newest threats.”

Persons: Janet Yellen, —, Biden, Joe Biden, Xi Jinping, ”, Brian Nelson, Nelson, Jim Lee Organizations: WASHINGTON, —, Strike, Treasury, IRS, Drug, Treasury Department, Disease Control, GOP, Banking, Armed Services Committees Locations: Mexico, China, United States, Mexico City, Yellen, California, America, U.S

☆ Competition will make obesity drugs successful
▼ + stars: | 2023-12-01 | by ( Robert Cyran | ) www.reuters.com time to read: +3 min

In an interview with the Financial Times, he proposed spreading reimbursements over time if the medication proves to be successful. There’s some practical grounding in that solution, but the path of other similar drugs suggests that a competitive market is a better way to make it successful. Snag is, the drugs cost several thousand dollars per patient annually, even after discounts. Medicare, which covers 66 million seniors, can’t pay for weight loss drugs under current law. While it makes more sense for insurers or governments to pay over time if the drugs benefits last, schemes like the one that Jørgensen suggests can only do so much.

Persons: Lars Fruergaard Jørgensen, Jørgensen, “, Lauren Silva Laughlin, Sharon Lam Organizations: Reuters, Novo Nordisk, Financial Times, Centers for Disease Control, Prevention, North Carolina, The New England, of Medicine, Employers, Thomson Locations: U.S, The, United States, Danish

☆ Maker of Wegovy, Ozempic showers money on U.S. obesity doctors
▼ + stars: | 2023-12-01 | by ( ) www.reuters.com time to read: +23 min

Novo spent at least $25.8 million over the past decade on U.S. medical professionals to promote its two obesity drugs, Wegovy and Saxenda, the analysis found. Jastreboff has also worked on clinical trials of obesity drugs for Eli Lilly, which markets a Wegovy competitor. Some doctors said Novo’s payments exemplify how the flood of industry money can dominate decision-making about care and coverage. Government pharmacy officer Solaru said her agency concluded that the new obesity drugs could be cost-effective by preventing other weight-related diseases and boosting workplace productivity. In January, the personnel office told its health plans they must cover at least one GLP-1 obesity drug for 8 million workers, retirees and family members.

Persons: Lee Kaplan, Kaplan, ”, gastroenterologist, He’s, Novo, Donna Ryan, Ryan, “, ” Kaplan, ” Novo, Robert Lustig, “ I’m, Lustig, They’re, Ania, ” Jastreboff, Jastreboff, Eli Lilly, Lilly’s Zepbound, Lilly, ” Lilly, Novo’s, Ayana, Sanders, Arthur Kellermann, ” Kellermann, mouthpieces, ’ ”, “ I'm, Jamy Ard, Ard, Dele, ” Solaru, ” Ryan, Scott Kahan, Kahan, Solaru, Christine Gallagher, Wegovy, Rebekah Carl, Carl, Jen Wexler, gaunt, Wexler Organizations: Novo Nordisk, Dartmouth, Nutrition Institute, Massachusetts General Hospital, Harvard Medical School, Reuters, Cambridge, Obesity Society, U.S ., Management, Reuters . Pharmaceutical, ”, U.S, United, National Health Service, University of California, U.S . Food, Drug Administration, Doctors, Wegovy’s, BMI, Yale University’s Center, Weight Management, Wall Street, American Medical Association, Rutgers University’s School of Public Health, Affordable, . Pharmaceutical, Companies, Uniformed Services University of Health Sciences, Wake Forest University, Wake Forest Baptist Health Weight Management, Obesity, Pennington Biomedical Research, U.S . National Institutes of Health, Personnel Management, Coalition, STOP, George Washington University, Novo Locations: CAMBRIDGE, Massachusetts, Boston, U.S, Novo, Danish, United States, Louisiana, San Francisco, Wegovy, Pennington, Baton Rouge , Louisiana, Government, New Columbia , Pennsylvania, Florida

☆ Justices Search for Middle Ground on Mandatory Sentences for Gun Crimes
▼ + stars: | 2023-11-27 | by ( Adam Liptak | More About Adam Liptak | ) www.nytimes.com time to read: +1 min

The Supreme Court heard arguments on Monday over which drug offenses trigger mandatory 15-year sentences under the Armed Career Criminal Act, which is a kind of federal three-strikes law. By the end of the arguments, most of them seemed to have settled on a middle ground. The law imposes the mandatory sentences on people convicted of unlawfully possessing firearms if they had already committed three violent felonies or serious drug offenses. The question for the justices was how to determine which drug offenses count under the law, which refers to a schedule of controlled substances overseen by the attorney general. Depending on which version of the schedule applies, a state drug conviction may or may not count as a strike under the federal gun law.

A new version of the popular diabetes treatment Mounjaro can be sold as a weight-loss drug, U.S. regulators announced Wednesday. The U.S. Food and Drug Administration approved Eli Lilly's drug, named Zepbound. Zepbound is the latest diabetes drug approved for chronic weight management, joining Novo Nordisk's Wegovy, a high-dose version of its diabetes treatment Ozempic. Those with diabetes, who have a harder time losing weight, cut about 12%, or nearly 27 pounds (12 kilograms), the FDA said. Approved for weight loss in 2021, Wegovy helped people lose about 15% of their weight or 34 pounds (15 kilograms), according to study results.

Persons: Eli Lilly's, dieters, Zepbound, Wegovy, Fatima Cody Stanford, tirzepatide, pare, ”, Katherine Saunders, Eli Lilly, Mounjaro, Kelly Burns, Burns Organizations: U.S . Food, Drug Administration, Novo Nordisk's Wegovy, FDA, Massachusetts General Hospital, New York's Weill Cornell Medicine, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: U.S, Zepbound, Wegovy, Massachusetts, Boston, St . Petersburg , Florida

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