STAT+: FTC puts drugmakers and PBMs on notice that it will crack down on illegal rebate schemes

In a notable move, the Federal Trade Commission put drugmakers and pharmacy benefit managers on notice that the agency will “ramp up enforcement” of any “illegal bribes and rebate schemes” that make it harder for patients to access lower-cost medicines.

The new policy statement noted the FTC plans to scrutinize rebates and assorted fees for signs that these payments are violating antitrust and consumer protection laws. As part of that effort, the agency expects to monitor lawsuits and file its own legal briefs in cases where it can provide assistance in analyzing illegal practices that may raise prescription drug prices.

Continue to STAT+ to read the full story…

Read Original Article: STAT+: FTC puts drugmakers and PBMs on notice that it will crack down on illegal rebate schemes »