Andrew Witty, UnitedHealth CEO, said the move will remove an excuse other players use to blame Optum Rx for high drug costs.

Now that Novo Nordisk is the world’s weight-loss juggernaut, will it have to betray its first patients—type 1 diabetics?

The individuals or companies within that complicated supply chain are what MCCPDC calls "the middlemen," namely pharmacy benefit managers (PBM ... on the ABC show Shark Tank, and fervent investor.

The final text saw a number of legislative proposals culled in order to get it over the line, including measures that would have introduced stricter controls over the PBM sector that had been ...

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A pharmacy benefit manager, or PBM, is a go-between for insurance providers and drug companies. The new bill would limit or ban several practices by PBMs, like spread pricing, where someone is ...