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Special Report: RxImpact 2016

In this special report, Drug Store News takes an in-depth look at community pharmacy and its growing role in helping to lower healthcare costs and expand patient access in the United States.

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Big-money meds lose patent protection in 2016

Total spending on products whose patents expired between 2012 and 2015 declined by $14.2 billion last year, according to IMS Health’s Institute for Health Care informatics. And 2016 could bring about further cost reductions.

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Report: FDA won't subject wearables to pre-/post-marketing regulations

Low-risk general wellness products, including wearable fitness monitors and sleep monitors, will not be subject to pre- or post-market regulatory requirements, the Food and Drug Administration reported Thursday, according to a report from the Regulatory Affairs Professional Society. "FDA has kept in line with its previous guidance on other health and wellness products, such as mobile medical applications and exercise equipment, where depending on the product's intended use, it could fall under FDA regulations," RAPS reported. "FDA says manufacturers could say their product is intended 'to promote, track, and/or encourage choice(s), which as part of a healthy lifestyle, may help to reduce the risk of [or may help living well with] certain chronic diseases and conditions.'" (RAPS)