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North Dakota Becomes Latest State to Enact Drug Transparency Law | Arent Fox


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Similar to the laws of several other states, the North Dakota law contains three main disclosure requirements that apply to “drug manufacturers”
The Governor of North Dakota signed House Bill 1032 into law on April 27, 2021, making it the latest state to enact a law focused on drug price transparency. The law also contains disclosure requirements applicable to pharmacy benefit managers and health insurers.
Similar to the laws of several other states, the North Dakota law contains three main disclosure requirements that apply to “drug manufacturers”: (i) quarterly Wholesale Acquisition Cost (WAC) reporting, (ii) disclosure of certain information upon a drug price increase, and (iii) notification when introducing a new drug with a WAC that exceeds certain price thresholds. ....

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Drug Manufacturers Raise Prices on Brand Drugs In First Quarter


Drug Manufacturers Raise Prices on Brand Drugs In First Quarter
FAYETTEVILLE, NY, USA, April 21, 2021 /EINPresswire.com/ On January 1st, the pharmaceutical industry raised prices on 381 brand drugs averaging 4.5 percent. Since then, an additional 267 brands have increased prices through the end of the first quarter 2021, averaging 5.3 percent. The largest increase was 26.0 percent on Vaprisol-5% Dextrose (Cumberland Pharmaceuticals), used to elevate sodium levels. The second largest increase was 25.0 percent for Nitro-Dur (Ingenus Pharmaceuticals), used to prevent chest pain, followed by a 19.9 percent increase for Axumin (Blue Earth Diagnostics), an advanced diagnostic imaging agent. Notwithstanding these three exceptions, all price increases for the quarter were 10.0 percent or less. ....

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Nerivio® Drug-free Wearable Surpasses 100,000 Migraine Treatments in the US


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MONTCLAIR, N.J., March 2, 2021 /PRNewswire/  Theranica, a prescribed digital therapeutics company developing advanced electroceuticals for migraine and other pain conditions, today announced it has seen consistent growth in the usage of Nerivio, marking more than 100,000 treatments in the USA.
We are at a crossroads for acute migraine treatment, where traditional drug-based solutions are being challenged by FDA-authorized, novel digital therapeutics such as Nerivio, said Ronen Jashek, co-founder and COO of Theranica. We are pleased to see that Nerivio patients are showing both adherence to the treatment program and an increased level of comfort with the device itself. 100,000 treatments hold significance to Theranica, as does our recent 33% growth in monthly active users, because these numbers demonstrate that Nerivio users consistently see the benefits of this prescribed therapy to their well-being. ....

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