Drug News

Preferred Medical continues to serve you by staying up to date on industry changes and drug updates that impact you.

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Opioid Accountability !?

Drug News from Preferred Medical … Purdue Pharma, the company that manufactures OxyContin, is in the news. Again. On October 21, the Sackler family (company owners) agreed to pay $225 million to resolve their liability under the False Claims Act (FCA). On November 24, their company pled guilty to three felonies – two counts of …
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New York Formulary Flash

Drug News from Preferred Medical … The New York Workers’ Compensation Board announced on November 18 it is “temporarily suspending the January 1, 2021, date for refill compliance, and a new date (likely spring, 2021), will be announced soon.” The original May 2019 regulations set the date for refill and renewal prescription compliance with the …
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Duragesic Discontinuation Decision

Drug News from Preferred Medical … In case you missed the notice on April 1, 2020, the FDA announced the following about Janssen Pharmaceuticals: “The Company made a business decision to permanently discontinue all Duragesic/fentanyl transdermal system. Product should be maintained on the formularies until the last batch produced expires (31 July 2021), in order …
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Mainstreaming Naloxone

Drug News from Preferred Medical … Naloxone medications (the generic naloxone or brand names Narcan and Evzio) are opioid antagonists that block the effects of an opioid in the brain, effectively reversing an overdose from a prescription or illegal opioid. First responders around the country use these drugs on a daily basis (130 people every …
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Hand Sanitizer Heads-Up

Drug News from Preferred Medical … Since it appears that COVID-19 is going to impact our daily lives into the foreseeable future, continuing good hygiene basics makes sense. Practice social (more accurately, physical) distancing and wear a mask when that is not possible or is required by government, do not touch your face, cover coughs …
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A New Combo Drug is Coming

Drug News from Preferred Medical … On February 28, 2020 the FDA approved Advil® Dual Action that combines 250mg of acetaminophen and 125mg of ibuprofen into a single tablet. While over-the-counter (OTC) medications are not as prevalent at workers’ compensation PBMs as prescription medications (including the prescription versions of acetaminophen and ibuprofen), this new all-in-one …
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Famotidine & Ranitidine

Drug News from Preferred Medical … The FDA announced on April 1 it is “requesting manufacturers withdraw all prescription and over-the-counter (OTC) ranitidine drugs from the market immediately.” This includes the Zantac brand name variant, a popular drug used for stomach ulcers and conditions where the stomach produces excess acid. The FDA also recommends that …
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