Formulary Watch |

Formulary Watch covers formularies, pharmacy benefit management companies, drug approvals, and other matters related to medications, their prices and insurance coverage.

Editorial Contact: Denise Myshko: dmyshko@mjhlifesciences.com

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Requiring Humira Biosimilars Results in Huge Savings for Navitus Clients
Requiring Humira Biosimilars Results in Huge Savings for Navitus Clients
Requiring Humira Biosimilars Results in Huge Savings for Navitus Clients
June 10, 2025
Switching to Humira biosimilars saved Navitus clients more than $315 million in upfront costs in 2024 and resulted in a 60% reduction in net costs per claim.
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Transparency for PBMs. Can It Become Something More than Just a Buzzword?
Transparency for PBMs. Can It Become Something More than Just a Buzzword?
June 6, 2025
The pharmacy benefit manager (PBM) industry is under pressure to shift to models that avoid conflicts of interest and misaligned incentives.
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States Become More Aggressive with PBM Reform
States Become More Aggressive with PBM Reform
May 30, 2025
State efforts are aiming to bring more disclosure and transparency to PBM practices, mandating certain pharmacy reimbursement levels, requiring 100% pass-through rebates, and prohibiting spread pricing.
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Milliman: Healthcare Costs for Americans Have Almost Tripled in 20 Years
Milliman: Healthcare Costs for Americans Have Almost Tripled in 20 Years
May 29, 2025
Pharmacy costs and outpatient facility care generate 69% of the cost increase for 2025, according to Milliman’s recent Medical Index.
Chief Pharmacy Officer Jason R. Smith on the Challenges Health Systems Face
Chief Pharmacy Officer Jason R. Smith on the Challenges Health Systems Face
Chief Pharmacy Officer Jason R. Smith on the Challenges Health Systems Face
May 28, 2025
Jason R. Smith, Pharm.D., appointed as chief pharmacy officer in February 2025 for the University of Rochester Medical Center, talks about building a stronger workforce, managing drug shortages and keeping up with changes in regulations because of the new administration.
FDA Approves Nucala as Maintenance Therapy for COPD
FDA Approves Nucala as Maintenance Therapy for COPD
FDA Approves Nucala as Maintenance Therapy for COPD
May 23, 2025
Nucula’s new indication is as an add-on therapy for patients with COPD who also have an elevated blood eosinophil count.
FDA Expands Approval of Susvimo to Treat Diabetic Retinopathy
FDA Expands Approval of Susvimo to Treat Diabetic Retinopathy
FDA Expands Approval of Susvimo to Treat Diabetic Retinopathy
May 22, 2025
Susvimo is also approved to treat diabetic macular edema and age-related macular degeneration, and the medication, ranibizumab, is delivered through an ocular implant that is refilled every nine months.
Evernorth to Cap Out-of-Pocket Cost for Wegovy and Zepbound at $200
Evernorth to Cap Out-of-Pocket Cost for Wegovy and Zepbound at $200
Evernorth to Cap Out-of-Pocket Cost for Wegovy and Zepbound at $200
May 22, 2025
Health plan sponsors are also expected to see a reduction in the net cost per prescription of GLP-1 medications to treat obesity.
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FDA Extends Approval of Jivi to Younger Hemophilia A Patients
FDA Extends Approval of Jivi to Younger Hemophilia A Patients
May 20, 2025
Bayer’s Jivi is a factor VIII replacement therapy that has been engineered with a compound that allows for less frequent dosing. It is now indicated for patients 7 years of age and older.
FDA Approves First Advanced Anal Cancer Drug as First-Line Treatment
FDA Approves First Advanced Anal Cancer Drug as First-Line Treatment
FDA Approves First Advanced Anal Cancer Drug as First-Line Treatment
May 16, 2025
Zynyz is now FDA-approved as the first and only approved first line treatment for advanced squamous cell carcinoma of the anal canal.
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Iowa Expands PBM Legislation to Address Concerns of Independent Pharmacies
Iowa Expands PBM Legislation to Address Concerns of Independent Pharmacies
May 16, 2025
A new law in Iowa, if signed by the governor, will mandate 100% pass-through of rebates, increased financial transparency, and a minimal payment for pharmacies. Critics say it will be the most costly mandate in the state’s history.
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Is Arkansas’ New PBM Law the Right Path Forward for Reform? No One Knows Yet
Is Arkansas’ New PBM Law the Right Path Forward for Reform? No One Knows Yet
May 9, 2025
It could improve access to community pharmacies and lower prices. Or it will limit access to critical drugs and impact payers’ ability to contract for a broad range of services. Industry leaders are unsure about the impact of Arkansas’ law banning PBMs from owning pharmacies.
FDA Sets Goal Date for Antipsychotic Drug Bysanti
FDA Sets Goal Date for Antipsychotic Drug Bysanti
FDA Sets Goal Date for Antipsychotic Drug Bysanti
May 6, 2025
The FDA has accepted the new drug application for the antipsychotic Bysanti and set a goal date for February 21, 2026.
Stelara Biosimilar Yesintek Gains Coverage on Leading Formularies
Stelara Biosimilar Yesintek Gains Coverage on Leading Formularies
Stelara Biosimilar Yesintek Gains Coverage on Leading Formularies
May 6, 2025
Express Scripts, Cigna, UnitedHealthcare, CVS Caremark and Optum Rx are among the payers that have added Yesintek to their formularies.
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FDA Sets Action Date for Oral Wegovy for Weight Loss
FDA Sets Action Date for Oral Wegovy for Weight Loss
May 2, 2025
If approved, Wegovy would be the first oral GLP-1 drug to treat obesity.
FDA Approves Imaavy for Long Term Treatment of Generalized Myasthenia Gravis
FDA Approves Imaavy for Long Term Treatment of Generalized Myasthenia Gravis
FDA Approves Imaavy for Long Term Treatment of Generalized Myasthenia Gravis
May 1, 2025
Adult and pediatric generalized myasthenia gravis patients have a new, longer acting option for treatment called Imaavy.
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CVS Caremark to Place Wegovy as Preferred GLP-1 for Weight Loss
CVS Caremark to Place Wegovy as Preferred GLP-1 for Weight Loss
May 1, 2025
Effective July 1, 2025, CVS Caremark will place Wegovy injection 2.4 mg as preferred on its commercial template formularies.
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Oncologists: Prior Authorizations Lead to Delays in Getting Cancer Meds
Oncologists: Prior Authorizations Lead to Delays in Getting Cancer Meds
April 29, 2025
Insurance hurdles and the complexities of prior authorization create barriers to care, according to oncologists in a new survey by Sermo.
Novo Nordisk Offers Wegovy Through Telehealth Providers, Including Hims & Hers
Novo Nordisk Offers Wegovy Through Telehealth Providers, Including Hims & Hers
Novo Nordisk Offers Wegovy Through Telehealth Providers, Including Hims & Hers
April 29, 2025
Novo Nordisk has teamed up with Hims & Hers Health, LifeMD and Ro for cash-paying patients to access Wegovy injection 2.4 mg through its NovoCare Pharmacy.
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Food Retailer Giant Eagle Selects EmpiRx Health as PBM
Food Retailer Giant Eagle Selects EmpiRx Health as PBM
April 28, 2025
Giant Eagle also helped EmpiRx Health create a national pharmacy care network that was purpose-built for pharmacy and grocery chains.
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Part D Plans Cover a Larger Share of Medicare Beneficiaries in Rural Counties
Part D Plans Cover a Larger Share of Medicare Beneficiaries in Rural Counties
April 25, 2025
Nationwide, 58% of Medicare beneficiaries living in rural areas are enrolled in stand-alone prescription drug plans in 2025.
FDA Issues CRL for Extended Dosing of Eylea HD
FDA Issues CRL for Extended Dosing of Eylea HD
FDA Issues CRL for Extended Dosing of Eylea HD
April 21, 2025
The complete response letter did not identify any issues with the safety or efficacy of Eylea HD, Regeneron officials said.
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FDA Approves Dupixent for Inflammatory Skin Disease
FDA Approves Dupixent for Inflammatory Skin Disease
April 18, 2025
Chronic spontaneous urticaria is chronic inflammatory skin disease driven in part by type 2 inflammation, which causes sudden and debilitating hives and recurring itch.
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FDA Sets Action Date for Eylea HD in Retinal Vein Occlusion
FDA Sets Action Date for Eylea HD in Retinal Vein Occlusion
April 17, 2025
If approved, Eylea would be the first treatment for RVO with 8-week dosing. The FDA target action date is Aug. 19, 2025.
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