Tag Archives: Drug

CMS approves Michigan Medicaid drug value-based payment plan

Dive Brief: CMS Administrator Seema Verma announced Wednesday the agency has approved a Michigan plan allowing its state Medicaid program to work with drugmakers to allow value-based payment arrangements in an effort to “modernize payment policies.” The proposal is the second to receive a green light, following approval of a similar Oklahoma plan in June.  … Read More »

AstraZeneca offloads RSV drug to Sobi for $1.5B, its largest divestiture in 5 years

AstraZeneca’s goal of doubling its annual revenues to $ 40 billion by 2023 is only part of CEO Pascal Soriot’s pledge to get the company back on a strong growth path. He also wants to improve the company’s bottom line by cutting costs and driving up cash flow—largely by offloading older medicines so it can… Read More »