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At first glance, billionaire entrepreneur Mark Cuban may seem to have little in common with an independent pharmacy owner. But they have one shared adversary: pharmacy benefit managers. They claim the drug price negotiators are putting mom-and-pop drugstores out of business. Pharmacy benefit managers — known as PBMs — are third-­party intermediaries between drug manufacturers…

An independent pharmacy chain is closing nine of its locations in Pennsylvania, including stores in Westmoreland and Indiana County. Mainline Pharmacy announced they are closing locations in Harrison City, Blairsville, Ebensburg, Hastings, Portage, Davidsville, Altoona, Cresson and Nanty Glo. In a Facebook post, the pharmacy said they have lost $350,000 over a six-week period due…

An independent Pennsylvania pharmacy is closing nine of its stores, including a location in Westmoreland County.  Mainline Pharmacy, which has a store in Harrison City, announced the closures on Facebook, saying, “This decision was not made lightly, and we understand the impact it may have on you and your loved ones.”  The business says so far…

A Penn Hills nonprofit founded by Sean and Shannon Parsons in 2016, the Lost and Found Pharmacy, helps customers to save money and their lives. “Cancer drugs that were going to cost them over $3,000 each through their insurance. Just us simply giving it to them at our cost, we were able to get each…

The Federal Trade Commission this month announced that it was expanding its probe into drug middlemen — companies accused of increasing the cost of prescription drugs through secretive, one-sided arrangements with drugmakers and pharmacies. Specifically, it added a third company created by one of the biggest middlemen to its investigation. The commission, which polices anti-competitive…

In March, Ohio Attorney General Dave Yost filed a groundbreaking lawsuit challenging the coercive tactics of the shadowy, modern-day health care mafia known as pharmacy benefit managers (PBMs). You may not have heard of PBMs before, but they play a critical role in controlling which medications your insurer covers. While that may sound like a…