This patent is now available royalty-free to pharmaceutical companies to promote widespread use of life-saving hormones. Pharmaceutical companies, in turn, did what they were most good at: they cashed. “They have kept them.”A pharmacy benefit manager (PBM) is a company that negotiates with pharmaceutical companies on behalf of insurance companies and large employers. Theoretically, they play an important role in preventing pharmaceutical companies from claiming what they like for prescription drugs. “Everyone thinks pharmaceutical companies are the problem,” Vannize said.

Source: Los Angeles Times November 30, 2021 22:12 UTC