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

February 16, 2024

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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A syringe full of pellets in front of a foil package with a label

February 12, 2024: Massachusetts doc who implanted patients with unapproved, imported medicine loses at trial

February 12, 2024

The government won prosecutions in Massachusetts and New Hampshire against defendants selling non-FDA approved drugs. A family warns about tianeptine. Pill presses in Texas, Virginia and West Virginia.

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PSM applauds NNOAC statement of concern about Canadian drug importation

February 6, 2024

“We are deeply concerned about the impact importation of unapproved foreign prescription drugs will have on counterfeit medication in the United States, especially as FDA considers approving additional SIPs.”

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white and red bodied pill press on a wooden base on the floor

February 5, 2024: eBay pays $59mm to settle federal pill press charges

February 5, 2024

DoJ alleged that eBay did not keep and submit required records to the DEA. Snap’s CEO spoke in support of the Cooper Davis Act. The FDA warned about copycat eye drops. Additional domestic and international news about fake and substandard medicine.

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Are below cost reimbursement practices by Pharmacy Benefit Managers creating opportunity for criminals to enter the legitimate supply chain?

February 5, 2024

PBMs, by under reimbursing pharmacies, are creating a demand for pharmacies to seek lower priced medications even when they can’t exist at that price.. Criminals appear to be happy to become part of the supply chain.

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Has any state tried Canadian drug importation? How did it work for them?

February 2, 2024

The state of Maine opened it’s border to Canadian drug importation program for Maine residents. Dr. Kenneth McCall purchased and tested some of the medicines being advertised and sold to Maine residents and found them lacking in safety. Listen to his story.

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The threat and enforcement challenges of counterfeit medicines

February 2, 2024

PSM’s Shabbir Imber Safdar sat down with three law enforcement experts about the problems they are seeing with counterfeit medicine. Watch here.

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Explainer: eBay and the Department of Justice settle over pill press sales

February 1, 2024

An explainer for the $59mm settlement between eBay and the Department of Justice over pill press sales. What does this mean for the problem of illegal pill presses? How is eBay responsible for what a buyer and a seller do on its platform?

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Are Canadian patients struggling with drug shortages already?

January 30, 2024

PSM’s Shabbir Imber Safdar speaks to Canadian patient advocate Durhane Wong-Rieger about the drug shortage situation in Canada.

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Map of Texas with prescription pill bottle to the left. The bottle a label with a maple leaf that's peeling away to reveal a skull and crossbones.

What medicines do U.S. states want to import from Canada’s drug supply?

January 30, 2024

What drugs have states said they plan to export from Canada’s drug supply? We combed all their applications to the FDA and compiled that list into one document.

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