Advocates including Mark Cuban, Elizabeth Warren, and Josh Hawley are pushing for a 'Break Up Big Medicine' bill, citing regulators' failure to curb market consolidation.
4 reports, 3 independent
Updated Sep 2
Gone quiet
Reached 2 outlets in its first 24 hours
- Reports
- 4
- Developments
- 3
- Repetition
- 25%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Advocates including Mark Cuban, Elizabeth Warren, and Josh Hawley are pushing for a 'Break Up Big Medicine' bill, citing regulators' failure to curb market consolidation.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Warren introduces bill to split healthcare conglomerates; Cuban supports move.1 source
High-profile advocates push for legislative action to break up dominant big medicine companies.1 source
- Cuban launches Cost Plus Drugs; Warren targets JNJ over drug pricing.
Keep exploring
Part of
CVS Health, UnitedHealth Group, and Walgreens collectively control over half of U.S. prescription revenue, dominating the market share alongside other large operators.Also in this story
- PBMs handle 80% of prescriptions in the US.
- Walgreens is preparing to go private this year, while David Joyner has been appointed CEO of CVS Health.
- CVS Health and UnitedHealth Group offer Pharmacy Benefit Manager (PBM) services in the market.
- Evernorth invested in a former business unit of Walgreens.
The entities involved
-
Mark Cuban
American investor and entrepreneur (born 1958)
-
Elizabeth Warren
American politician (born 1949)
-
Josh Hawley
American lawyer and politician (born 1979)
Coverage
Newest first; wire copies grouped- gilmermirror.com
- yahoo.com
- foxnews.com
- Unknown outlet