financetom
Business
financetom
/
Business
/
Vertex Pharmaceuticals Says Journavx Non-Opioid Pain Killer Added to Optum Formulary
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Vertex Pharmaceuticals Says Journavx Non-Opioid Pain Killer Added to Optum Formulary
Mar 6, 2025 11:13 AM

01:51 PM EST, 03/06/2025 (MT Newswires) -- Vertex Pharmaceuticals ( VRTX ) said Thursday that its Journavx non-opioid pain killer has been added by UnitedHealth Group's ( UNH ) drug plan unit Optum Rx to its formulary.

"[The addition reflects] the unmet need for new treatment options and the promise of Journavx in acute pain, and we continue to work with them and other payers to ensure broad availability," Vertex Pharmaceuticals ( VRTX ) said in a statement emailed to MT Newswires.

Optum Rx put Journavx on a "non-preferred" brand name drugs tier on two of its approved drugs lists called formularies, for commercial plans, Bloomberg reported Thursday, citing a recent formulary update.

The tier 3 designation means that Journavx will be covered but will likely be more expensive than drugs on tiers 1 and 2 that are usually reserved for low-cost generics or preferred brand-name drugs, the report said.

Journavx was approved by the US Food and Drug Administration in January for the treatment of adults with moderate-to-severe acute pain.

UnitedHealth ( UNH ) didn't immediately respond to a request for comment from MT Newswires.

Price: 483.16, Change: -8.48, Percent Change: -1.72

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Toll Brothers Insider Sold Shares Worth $1,180,222, According to a Recent SEC Filing
Toll Brothers Insider Sold Shares Worth $1,180,222, According to a Recent SEC Filing
Mar 5, 2024
04:14 PM EST, 03/05/2024 (MT Newswires) -- Carl B Marbach, Director, on March 04, 2024, sold 10,000 shares in Toll Brothers ( TOL ) for $1,180,222. Following the Form 4 filing with the SEC, Marbach has control over a total of 43,469 shares of the company, with 34,069 shares held directly and 9,400 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/794170/000112760224008493/xslF345X03/form4.xml Price: 115.8,...
Regeneron Pharmaceuticals Insider Sold Shares Worth $346,365, According to a Recent SEC Filing
Regeneron Pharmaceuticals Insider Sold Shares Worth $346,365, According to a Recent SEC Filing
Mar 5, 2024
04:14 PM EST, 03/05/2024 (MT Newswires) -- Marion McCourt, Executive Vice President, Commercial, on March 01, 2024, sold 358 shares in Regeneron Pharmaceuticals ( REGN ) for $346,365. Following the Form 4 filing with the SEC, McCourt has control over a total of 13,589 shares of the company, with 13,431 shares held directly and 158 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/872589/000196820224000083/xslF345X03/edgardoc.xml...
Teladoc Health Insider Sold Shares Worth $433,854, According to a Recent SEC Filing
Teladoc Health Insider Sold Shares Worth $433,854, According to a Recent SEC Filing
Mar 5, 2024
04:14 PM EST, 03/05/2024 (MT Newswires) -- Mala Murthy, CFO, on March 01, 2024, sold 29,888 shares in Teladoc Health ( TDOC ) for $433,854. Following the Form 4 filing with the SEC, Murthy has control over a total of 71,716 shares of the company, with 71,716 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1477449/000147744924000039/xslF345X03/wk-form4_1709672847.xml Price: 14.39, Change: -0.01, Percent Change: -0.03...
BRIEF-Crowdstrike To Acquire Flow Security To Expand Its Cloud Security Leadership With Data Security Posture Management
BRIEF-Crowdstrike To Acquire Flow Security To Expand Its Cloud Security Leadership With Data Security Posture Management
Mar 5, 2024
March 5 (Reuters) - CrowdStrike Holdings Inc ( CRWD ): * CROWDSTRIKE TO ACQUIRE FLOW SECURITY TO EXPAND ITS CLOUD SECURITY LEADERSHIP WITH DATA SECURITY POSTURE MANAGEMENT (DSPM) * CROWDSTRIKE HOLDINGS INC ( CRWD ) - PURCHASE PRICE WILL BE PAID PREDOMINANTLY IN CASH * CROWDSTRIKE HOLDINGS INC ( CRWD ) - ACQUISITION IS EXPECTED TO CLOSE DURING CROWDSTRIKE'S FISCAL...
Copyright 2023-2026 - www.financetom.com All Rights Reserved