Congress to Investigate 'Soaring Generic Drug Prices'

Posted October 17, 2014

By Michael Johnsen  Published in Drug Store News (edited)


U.S. Sen. Bernie Sanders, I-Vt., and U.S. Rep. Elijah Cummings, D-Md., earlier this month launched an investigation into soaring generic drug prices.


“We are conducting an investigation into the recent staggering price increases for generic drugs used to treat everything from common medical conditions to life-threatening illnesses,” Sanders, chairman of a Senate health care subcommittee, and Cummings, ranking member of the House oversight committee, wrote in letters to 14 pharmaceutical companies.


Cummings and Sanders cited a survey that found pharmacists across the country “have seen huge upswings in generic drug prices that are hurting patients” and having a “very significant” impact on pharmacists’ ability to continue serving patients. The study for the National Community Pharmacists Association also found some patients refused to fill needed prescriptions because of rising prices.

American Pharmacists Month

Posted October 8, 2014

American Pharmacists Month Logo GIFOctober is recognized as American Pharmacists Month. The staff of PFOA extends a big “Thank you” to all of our member pharmacists. We understand the importance of the care; advice and counseling you provide to your patients and know that you are vital to health care in the United States. In these trying financial times for pharmacy, we applaud your passion for your profession and your commitment to your customers.  PFOA continues to look for programs and services that will help you and your business to thrive.

Disposal of Controlled Substances

Posted Sept. 29, 2014

From California Pharmacists Association Rx Alert


The Drug Enforcement Agency (DEA) released regulations to implement the existing Secure and Responsible Drug Disposal Act of 2010 by expanding options available for collecting controlled substances for the purpose of disposal. These regulations will allow manufacturers, distributors, reverse distributors, narcotic treatment programs (NTPs), hospitals/clinics with an on-site pharmacy, and community pharmacies to administer mail-back programs and maintain collection receptacles. Participation is voluntary. The rule also expands the authority of authorized community pharmacies to voluntarily maintain collection receptacles at long-term care facilities.

Dave's Corner

Posted Sept. 18, 2014

David Mayper Executive Director PFOA

As we wind up the third quarter of 2014, PFOA continues to have a busy year. Following ABC’s ThoughtSpot in August, I headed to St. Louis to participate in a meeting with Don Schreiber and Larry McIntosh covering some PBM opportunities. While in St Louis I also met with an insurance group to potentially develop program offerings for our members.


The vendor committee met twice this month to cover some vendor opportunities. We will post information about these newly approved vendors as it becomes available.


Legislation on behalf of franchisees in California has been very actively moving forward. The Coalition of Franchisee Associations (CFA) has provided our members in California material and appropriate direction to stay involved.


We held a board phone conference and Webcast covering a large number of subjects. Financial Highlights show we are essentially bottom line on target for our members while delivering more rebate dollars and benefits than budgeted.

The NABP and The Anti-Diversion Industry Working Group

Posted Sept. 10, 2014

The National Association of Boards of Pharmacy® (NABP®) and the Anti-Diversion Industry Working Group (ADIWG), a consortium of pharmaceutical manufacturers and distributors, created an educational video for pharmacists to help them identify the warning signs of prescription drug abuse and diversion when dispensing controlled substance prescriptions. The video, entitled, "Red Flags," was released at the NABP 110th Annual Meeting. Click the link to see the video.

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