The newly signed law, known as Act 264, bans pharmacy benefit managers from owning pharmacies in the state. It's scheduled to go into effect beginning in 2026.

A serious issue with esophagogastric balloon tamponade tubes manufactured by BD could cause the devices to break, potentially delaying care for bleeding patients. Clinicians are advised to review and follow updated use instructions.

The deals account for most of Rite Aid’s remaining stores, as the bankrupt chain nears its final days.

KFF Health News interviewed multiple independent pharmacies for a new report, detailing their basements full of generic and specialty drugs as a hedge against supply shocks. 

According to a report, Walgreens also expressed interest in an unknown number of pharmacies as Rite Aid seeks to liquidate all its assets.

Scott Whitaker, the CEO of the industry lobby AvaMed, told the Senate Finance Committee that he fears tariffs will only raise the cost of care and put patients at risk if companies are unable to overcome supply chain disruptions. 

A week after filing Chapter 11 bankruptcy, the liquidation of Rite Aid's remaining assets has begun. 

The “most favored nation” policy would reduce the cost of domestic pharmaceuticals to the levels paid in Europe. The executive order also has a sister bill proposed for Congress that would solidify the rule into law.