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US Supreme Court rejects PBMs' challenge of state's ability to regulate the drug middlemen

In a ruling that could pave the way for increased regulations by states such as Ohio, the U.S. Supreme Court on Thursday rejected a challenge of a 2015 Arkansas law putting restrictions on pharmacy benefit managers.

"We have overwhelming evidence that the PBM marketplace is highly dysfunctional and exceedingly costly," said Antonio Ciaccia, former lobbyist for the Ohio Pharmacists Association who is now with 3 Axis Advisors, a company set up to expose drug-pricing irregularities...


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