facebook
twitter
rss
account
search
search
 

Medicare to cut funds to unapproved drugs

Aug. 24, 2006 at 11:27 AM   |   Comments

WASHINGTON, Aug. 24 (UPI) -- The head of Medicare has said the provider plans to cut payments to pharmacies that produce non-FDA-approved versions of asthma and respiratory drugs.

Medicare Administrator Mark McClellan said in a letter to U.S. Sen. Charles Grassley. R-Iowa, that payments to the pharmacies would be "significantly lower" and devoid of "any inappropriately large financial incentives" encouraging the pharmacies to manufacture their own drugs, USA Today reported Thursday.

The move follows a warning from the Food and Drug Administration, which said pharmacies operated by three medical-supply companies might be violating federal laws by mass producing "thousands of doses" of drugs not approved by the organization.

Grassley said Wednesday that McClellan's letter was a "very positive response" to concerns raised by consumer advocates that buyers might not be aware that the drugs are not approved by the FDA and are manufactured using safety and sterility rules that fall short of regulations set by the government.

© 2006 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Android phones to join iPhone in saying no to the police Android phones to join iPhone in saying no to the police
2
Report: Facebook Messenger app is loaded with spyware Report: Facebook Messenger app is loaded with spyware
3
Next-generation space suits will be like second skin Next-generation space suits will be like second skin
4
Ship sunk off coast of Texas to create artificial reef Ship sunk off coast of Texas to create artificial reef
5
2014 summer was hottest on record, NOAA says 2014 summer was hottest on record, NOAA says
Trending News
Video
x
Feedback