InnovationRx: The FTC Is Going After Pharmacy Middlemen

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InnovationRx: The FTC Is Going After Pharmacy Middlemen
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Alex Knapp is a senior editor covering healthcare, science, and cutting edge technology who joined Forbes in 2011. He's written dozens of profiles of entrepreneurs across a variety of fields and done deep dives into technological trends from superconductors to space travel to pharmaceuticals.

supply chain who help determine the prices a patient pays at the pharmacy counter. The federal agency released a report this week detailing how just three pharmacy benefit managers –said the market has become highly concentrated, as smaller companies were taken over by the nation’s largest health insurers and retail pharmacies, giving them significant power over access and pricing.alleged “dominant” PBMs patients “can hike the cost of drugs—including overcharging patients for cancer drugs.

The patient, who was diagnosed with a rare form of laryngeal cancer, was previously unable to speak or swallow and breathe normally. Four months after the surgery, he can speak again, swallow and breathe on his owntopical skin therapy roflumilast, marketed by Arcutis as Zoryve, for the treatment of atopic dermatitis in patients over the age of 6.AFP via Getty Images

The Republican Party’s policy platform for the November election got rid of an explicit, longstanding call for a national abortion ban—but abortion rights advocates warn the GOP could still try to outlaw the procedure. That’s because the platform still endorses “fetal personhood,” a legal theory that could be even more far-reaching–not only potentially banning abortion, but also in vitro fertilization and certain forms of birth control.

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