ICYMI: PhRMA kicks off the year at the 2023 J.P. Morgan Health Care Conference

This January, PhRMA joined health care leaders, investors, R&D experts and members of the media at the 2023 J.P. Morgan Health Care Conference in San Francisco, CA. During this week, we discussed...
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340B program continues to drive shift in care to more expensive hospital settings

Yet another study highlights the unintended consequences of the 340B program, which is increasing costs for patients and the health care system as a whole. In this case, the Berkeley Research Group...
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The 340B program is interfering with the U.S. biosimilars market and impacting patient costs

Research has shown that 340B hospitals are more likely to prescribe more expensive medicines and significantly mark up the price of medicines. For example, 340B hospitals received nearly five times...
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Three ways 340B is failing vulnerable patients

The 340B Drug Pricing Program is 30 years old this year, but as The New York Times recently spelled out, the program has become a profit engine for large health systems over the years instead of a...
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If patients aren’t benefiting from the 340B program, who is?

The 340B Drug Pricing Program was designed to help vulnerable patients improve access to their medicines through manufacturer discounts to specific safety-net, non-profit hospitals and federally...
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New data: The 340B program is driving up costs for patients and our health care system

Guess what? The 340B program grew, yet again, hitting a whopping $43.9 billion in sales at the discounted 340B price in 2021. But there has not been evidence of corresponding growth in care provided...
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Word of the Month: 340B covered entity

What is a 340B covered entity?
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340B program remains second largest federal drug program, yet little solid evidence of benefits to patient

Over the three decades since Congress created the 340B drug pricing program, we’ve seen massive growth in its size. As a program meant to serve vulnerable patients, this sounds great, right? The...
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Study after study after study: Contract pharmacy expansion not aligned in communities 340B is meant to serve

Evidence continues to show that 340B hospitals and their contract pharmacies are often not helping patients access their medicines, especially patients in socioeconomically disadvantaged areas....
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The 340B program was created to support safety-net clinics and qualifying hospitals by establishing a discounted medicine program funded by biopharmaceutical manufacturers to help vulnerable patients...
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