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- CMS proposes rule to slash Medicare 340B drug payments by over a thirdCMS announced a proposed rule that would reduce the rates Medicare uses to reimburse hospitals for drugs purchased through the 340B program. The reduction would be more than one-third, effectively…
- Novartis to spend $1.1 billion upfront acquiring Myricx Bio and its next-gen ADC platformNovartis announced Monday it will invest $1.1 billion in an upfront payment to acquire Myricx Bio. Myricx Bio brings an antibody-drug conjugate (ADC) payload platform that the Swiss group believes…