pharmaceuticals

GoodRx and CVS Sued for Suppressing Pharmacy Reimbursement
GoodRx and CVS Sued for Suppressing Pharmacy Reimbursement
November 05, 2024  |  Legal

Smaller pharmacies are accusing GoodRx and CVS of colluding to suppress generic prescription drug reimbursements. As Reuters reported Tuesday (Nov. 5), drug coupon aggregator GoodRx and a pair of pharmacy benefit...

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AI Medical Tools Show Promise as Health Tech Markets Rally
AI Medical Tools Show Promise as Health Tech Markets Rally
October 29, 2024  |  artificial intelligence

Wayne State scientists are developing artificial intelligence models to cut costs in complex drug design, while Stanford research reveals ChatGPT-4 achieving 92% medical diagnostic accuracy...

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Oracle Health to Join US Government Health Information Sharing Program
Oracle Health to Join US Government Health Information Sharing Program
October 28, 2024  |  Healthcare

Oracle Health plans to apply for status that will enable its healthcare customers to participate in the U.S. government’s nationwide approach to offering the sharing...

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Walmart Begins Rollout of Same-Day Delivery of Prescription Medications
Walmart Begins Rollout of Same-Day Delivery of Prescription Medications
October 22, 2024  |  Retail

Walmart has begun rolling out same-day delivery of prescription medications. The company launched this offering in six states and plans to expand it to 49...

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CVS Replaces CEO With Caremark President David Joyner
CVS Replaces CEO With Caremark President David Joyner
October 18, 2024  |  Personnel

CVS has replaced CEO Karen Lynch as it struggles to repair its healthcare business. David Joyner, president of the company’s pharmacy benefit management unit Caremark, has been appointed...

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Google’s Drug Discovery LLM Signals Shift Toward Industry-Specific Approach
Google’s Drug Discovery LLM Signals Shift Toward Industry-Specific Approach
October 16, 2024  |  artificial intelligence

Google DeepMind has developed an AI model to predict key properties of potential drugs, aiming to accelerate pharmaceutical research. The new Tx-LLM (Therapeutic Large Language...

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Rite Aid Adds Klarna’s ‘Pay in 4’ Option to Its Stores
Rite Aid Adds Klarna’s ‘Pay in 4’ Option to Its Stores
October 16, 2024  |  BNPL

Rite Aid has teamed with Klarna to offer buy now, pay later options at its drugstores. The collaboration, announced Wednesday (Oct. 16), lets Rite Aid customers use Klarna’s Pay in...

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AI in Pharma Shows Promise With Faster Development, Lower Costs
AI in Pharma Shows Promise With Faster Development, Lower Costs
October 11, 2024  |  artificial intelligence

Artificial intelligence (AI) is transforming pharmaceutical research, compressing timelines and potentially slashing drug prices in an industry defined by decade-long development cycles and billion-dollar price...

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This Week in AI: Zoom Avatars, Amazon Guides and Priceline Assistant Debut
This Week in AI: Zoom Avatars, Amazon Guides and Priceline Assistant Debut
October 11, 2024  |  artificial intelligence

As artificial intelligence (AI) avatars transform remote collaboration and personalized shopping guides redefine eCommerce, data security and corporate espionage concerns intensify. Meanwhile, the Nobel Prize...

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