Guttenberg speaks on bill supporting pharmacists
August 30, 2018
After the weather prevented Gov. Bill Walker from landing in Petersburg, Rep. David Guttenberg in his stead spoke about the importance of House Bill 240 at Petersburg Rexall Drug on Monday.
The bill will address the rising costs of pharmaceutical drugs and bring transparency to the relationship between PBMs (Pharmacy Benefit Managers) and drug manufacturers, said Guttenberg. PBMs were originally established in the 1970s as a middle man between pharmacies and drug manufacturers to negotiate prescription drug prices on behalf of pharmacies.
"Now if you look at the PBMs, they are some of the...