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How low PBM reimbursements ultimately endanger US patients

February 28, 2024
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Pharmacy benefit managers have created an economic climate that encourages the sale of fake and diverted medicines by systematically under reimbursing pharmacies.

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Image of Canadian flag dissolving into pills over a gray map of the USA

Colorado Updates Drug Importation Proposal, Cuts List of Meds by 88, Adds Ozempic

February 27, 2024
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Colorado’s updated Canadian drug importation application to the FDA cuts the drug list from 112 to 24 and adds Ozempic to the list of medicines it wants from Canadians.

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DEA tells e-commerce companies they have compliance obligations for pill press sales on their platforms.

February 27, 2024
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The DEA put all e-commerce platforms on notice of their obligations whenever they facilitate transactions involving pill presses.

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February 26, 2024: Safe Chain Solutions settles HIV drug diversion lawsuit with Gilead Sciences

February 26, 2024
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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.

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first page of a legal document

Plea Agreement, USA v Sherrie McCain, February 2024

February 23, 2024
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United States District Court Northern District of Alabama USA v Sherrie McCain Plea Agreement Filed February 20, 2024 Read the document. 

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First page of a court document

Information, USA v Sherrie McCain, February 2024

February 23, 2024
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United States District CourtNorthern District of Alabama USA v Sherrie McCain Information Filed February 20, 2024 Read the document. 

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Materials FOIA-ed by PSM

February 21, 2024
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Freedom of Information Act materials PSM often files federal and state Freedom of Information requests with government agencies to dig into the subjects we research. We post the materials that we receive on this website. If you’re keeping track, you can see all those posts here.

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Screenshot of a website selling semaglutide

February 20, 2024: FDA warns companies selling unapproved semaglutide and tirzepatide

February 20, 2024
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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.

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PSM Advisory Board approves policy resolution on reimbursement practices and supply chain safety

February 16, 2024
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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.

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Lux Lifestyle Fueled by Med Crimes

February 15, 2024
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Another black market HIV case has been successfully prosecuted.

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