News
DEA tells e-commerce companies they have compliance obligations for pill press sales on their platforms.
The DEA put all e-commerce platforms on notice of their obligations whenever they facilitate transactions involving pill presses.
[...]February 26, 2024: Safe Chain Solutions settles HIV drug diversion lawsuit with Gilead Sciences
A Maryland drug distributor lost $2.7 million in a settlement over selling secondhand medicine to U.S. pharmacies. Additional news in Alabama, California, New Jersey, Tennessee and more.
[...]February 20, 2024: FDA warns companies selling unapproved semaglutide and tirzepatide
Companies in New York and Florida were selling unapproved GLP-1 agonists. Operation Shield IV removed $69 million in illicit medicine and doping substances from European markets. A California man who distributed smuggled tianeptine received a two-year sentence.
[...]PSM Advisory Board approves policy resolution on reimbursement practices and supply chain safety
PSM opposes the practice of reimbursing pharmacies below the cost of acquisition of medicine and supports efforts to reform reimbursement systems that eliminate this market dynamic that threatens the safety of our drug supply.
[...]February 12, 2024: Massachusetts doc who implanted patients with unapproved, imported medicine loses at trial
The government won prosecutions in Massachusetts and New Hampshire against defendants selling non-FDA approved drugs. A family warns about tianeptine. Pill presses in Texas, Virginia and West Virginia.
[...]PSM applauds NNOAC statement of concern about Canadian drug importation
“We are deeply concerned about the impact importation of unapproved foreign prescription drugs will have on counterfeit medication in the United States, especially as FDA considers approving additional SIPs.”
[...]February 5, 2024: eBay pays $59mm to settle federal pill press charges
DoJ alleged that eBay did not keep and submit required records to the DEA. Snap’s CEO spoke in support of the Cooper Davis Act. The FDA warned about copycat eye drops. Additional domestic and international news about fake and substandard medicine.
[...]Are below cost reimbursement practices by Pharmacy Benefit Managers creating opportunity for criminals to enter the legitimate supply chain?
PBMs, by under reimbursing pharmacies, are creating a demand for pharmacies to seek lower priced medications even when they can’t exist at that price.. Criminals appear to be happy to become part of the supply chain.
[...]Has any state tried Canadian drug importation? How did it work for them?
The state of Maine opened it’s border to Canadian drug importation program for Maine residents. Dr. Kenneth McCall purchased and tested some of the medicines being advertised and sold to Maine residents and found them lacking in safety. Listen to his story.
[...]The threat and enforcement challenges of counterfeit medicines
PSM’s Shabbir Imber Safdar sat down with three law enforcement experts about the problems they are seeing with counterfeit medicine. Watch here.
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