prescription drug costs

Medicine on money
May 18, 2026

NJ Assembly advances PBM reform bill to cut drug costs

The New Jersey General Assembly advanced a measure that aims to lower prescription drug costs, increase transparency and regulate PBMs in New Jersey's healthcare system.

Prescriptions
Mar 18, 2026

OPINION: PBMs drive up drug costs for NJ employers

New Jersey Hospital Association President and CEO Cathy Bennett writes New Jersey employers face rising prescription costs as PBMs profit from rebates and spread pricing, raising employee out-of-pocket expenses.

Novartis is a Switzerland-based pharmaceutical company that has its U.S. headquarters in East Hanover.
Feb 4, 2026

NJ sues Novartis over alleged generic drug price fixing

New Jersey joins a multistate lawsuit accusing Novartis and Sandoz of price fixing 31 generic drugs, raising costs for consumers, Medicare and Medicaid.

Medicine on money
Dec 22, 2025

NJ pharma firms join Trump drug pricing deals

Four Garden State companies are among the latest to strike agreements with the White House to lower prescription costs under the president's policy.